$360,000
119 N Main Street Lake City, MI 49651
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$360,000
Est. payment /mo
2,600 SqFt
Active
119 N Main Street Lake City, MI 49651
UPDATED:
07/17/2024 02:17 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $138
Subdivision Mi
MLS Listing ID 80047140
Year Built 1950
Annual Tax Amount $5,538
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 150X100
Property Description
Discover a rare opportunity to own a prestigious restaurant building in the heart of downtown Lake City, strategically located within walking distance to beautiful Lake Missaukee and across from the renowned Tasty Treat! This property offers more than just a building; it promises a coveted slice of Lake City's vibrant culinary and community scene. This property boasts a prime location with views of Lake Missaukee. It benefits from being in a high-traffic area, drawing an estimated 15,000 passers-by daily. Its proximity to Lake Missaukee enhances its allure, making it an attractive destination for locals and tourists alike. The restaurant building includes 27 dedicated parking spots, ensuring convenient access for patrons. No-step entry makes it easily accessible. The interior comfortably seats up to 110 guests, providing a cozy yet spacious dining experience. Most of the restaurant's inventory can be included with the building, facilitating a smooth transition for prospective buyers. The property features a full turn-key kitchen, ideal for those intending to continue its use as a restaurant. Additionally, a sizable basement offers ample storage space, a valuable asset for any business operation. Lake City is renowned for its vibrant community spirit and hosts events such as the Greatest Fourth in the North and draws tourists throughout the year. Whether you envision continuing it as a restaurant or repurposing the space for other commercial ventures, this property presents immense potential. The combination of prime positioning, comprehensive facilities, excellent parking, close proximity to Lake Missaukee and community appeal makes it a standout investment in beautiful Lake City! Don't miss out on the chance to own a piece of this dynamic community and capitalize on its promising future. Please note that the business is not for sale. Just the property/building. Most furnishings, furniture, equipment, inventory, decor to go with the sale of the building. SEE VIDEO
Location
State MI
County Missaukee
Area Reeder Twp (57012)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Garage 21+ Spaces, Parking Lot
Roof Type Metal
Building
Water Public Water
Structure Type Frame,Log
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by City2Shore Real Estate Northern Michigan
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