113 S Main Street
Lake City, MI 49651
MLS #1838506

Commercial
  • 2,500sq ft
$269,900
Est. P&I payment: $1030.84/mo
113 S Main Street, Lake City, MI 49651
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Description for 113 S Main Street, Lake City, MI 49651
FOR SALE or LEASE - Prime Commercial Real Estate Location in the Heart of Lake City. Previously utilized as a bar/restaurant, this site consists of three lots with an amazing view of the city park and public dock on the shores of Lake Missaukee an 1,800' all-sports lake. People will travel to your establishment by foot, car or boat. The 2,500' building is ready for it's new adventure and comes equipped with everything one would need to start a business of their own! Such as, a state of the art kitchen and bar equipment, waitress and hostess station and inventory. Interior also is complete with a dining room, bar, complete chef kitchen, salad and soup area, (2) public restrooms, utility closets and private restroom for staff. Downstairs is ideal for storage, office space and laundry facilities. Outside guests will enjoy patio tables, umbrellas and chairs. Building is currently wired for a security system and has a BOSE stereo system built in as well. Lake City has many events that make this a destination for four season fun; including: The Greatest Fourth in the North", "Lake City Car Show", and "Festival of the Pines" to name a few. In Winter months, it draws ice fishing, snowmobilers and Polar Plunge enthusiasts. This Great Business Opportunity is just waiting for you!
MLS #1838506
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My Notes for MLS #1838506

General Features

  • Property Type: Hospitality
  • Total Finished SqFt: 2,500
  • Number of Acres: 0.3
  • Lot Dimensions: 75x105 & 50 x 100
  • Approx Year Built: 1998
  • Zoning: Commercial,​Restaurant/Food

Exterior Features

  • Vacant Land: No
  • Roof: Membrane
  • Exterior Features: Block
  • Parking: Parking Lot,​Street Parking

Interior Features

  • Number of Restrooms: 3

Utilities Features

  • Heating/Cooling Source: Natural Gas
  • Heating/Cooling Type: Forced Air,​Central Air,​Ceiling
  • Water: Municipal Water
  • Sewer: Municipal
  • Energy Efficient: Energy Efficient Windows

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 107.96
  • Sale or Lease: For Sale
  • Summer Taxes: 1,308.42
  • Winter Taxes: 5,329.44
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Total Taxes: 6,637.86
  • Terms: Conventional Mortgage,​Commercial Loan,​Cash,​Net Lease (NNN)
  • Included in Lease: Exterior Maintenance,​Furniture,​Fixtures & Equipment

Community Features

  • Development Name: N/A

Misc Features

  • Deeded Waterfront: No
  • Business Name: Previously Grillers
  • ECO Features: No
  • Business Included: Yes
  • Real Estate Included: Yes
  • Inventory Included: Yes
  • Present Use: Restaurant/Food Service,​Bar
  • Foundation: Full,​Poured Concrete
  • Possession: At Closing
  • Construction: Steel

Location

 
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Directions to 113 S Main Street, Lake City, MI 49651
East side of Main Street in Downtown Lake City, across from the City Park.
Listing information for 113 S Main Street, Lake City, MI 49651 was graciously provided by our friends at the listing brokerage, City2Shore Real Estate Northern Michigan 41 A N. Morey Road, Lake City, MI 49651

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P&I Payment $1030.84
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Northern Shores Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Northern Shores Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Last Updated 04/23/2018 at 5:29am
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