119 N Main Street, Reeder Twp, MI 49651 - MLS#78080047140

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Jay Fontaine

jay@fontainerealtyteam.com +1(734) 718-7425

$360,000

Est. payment - /mo

2,600 SqFt

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UPDATED:

07/17/2024 04:49 PM

Key Details

Property Type Commercial

Sub Type Business Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $138

MLS Listing ID 78080047140

Originating Board Aspire North REALTORS�

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

Zoning Commercial

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Waterfront no

Roof Type Metal

Accessibility Disabled Access

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Frame,Log

Schools

School District Lake City

Others

Tax ID 05110101400

Ownership Private Owned

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Unknown/Data Share Listings

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Listed by Sue Whipple of City2Shore Real Estate Northern Michigan

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Jay Fontaine

+1(734) 718-7425

Broker | License ID: 370315

Broker License ID: 370315

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