137 N Front Street Lake City, MI ^$ 369,900

137 N Front Street

^$ 369,900

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137 N Front Street

Lake City, MI, 49651

^$ 369,900

Studio Baths0.0 Sq 1,400

Monthly Estimate*

^$ 2,458

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Studio

Commercial Property for sale in Lake City, MI

for $369,900. This 1,400 square foot building was built in 1980 on a lot size of 0.25.

Chance of a lifetime for someone desiring to own and operate a successful restaurant business that has been in operating for almost 20 years under current owner. The business is open and in operation currently. Owner is still working but is at retirement stage, is the only reason for the sale. Current hours of operation are Wed- Sun 11-8.(was open 6 days per week in 2021) Company employs 5 people currently between cooks, prep cooks, and wait staff. Sale includes all real estate, shed, business, phone number, all equipment and inventory. Well maintained business with updated equipment, ventilation system, new roof in 2022.

Commercial Active

Price

^$ 369,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,889

Style

Income

Lot Size

0.25

Year Built

1980

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

1908994

Features

General

Roof Asphalt

Zoning Commercial

Sewer Municipal

Construction Frame

Interior

Basement Full

Exterior

Exterior Features Vinyl

* Excluded Features

List By

City2shore Real Estate Northern Michigan

Broker

mgeiger@city2shore.com

Affordability Calculator

$2,699

Per Month

Monthly Principal & Interest: $2,458
Monthly Property Taxes: $241
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lake City, MI

Average List Price ^$366,820

Percent of Sale Price 1%

About Lake City, MI

7,595 Population

3% Since 2002

^$40,822 Median Income

44.77 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/14/2023	$369,900		Listed Price

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137 N Front Street, Lake City, MI, 49651 is a Commercial Property for sale at $369,900 with 1,400 sqft and a lot size of 0.25. 137 N Front Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 49651 which is in Lake City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/31/2024.

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137 N Front Street

Commercial Property for sale in Lake City, MI

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