119 N Main Street Contingent

Lake City,MI 49651

$ 360000

- Bed

- Bath

2600 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Contingent

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

Parking Features 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

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