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117 S Main Street Lake City, MI $ 475,000
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$ 475,000 Get more info
117 S Main Street
$ 475,000
Back to search
Share Save

117 S Main Street

Lake City, MI, 49651
$ 475,000
Bedrooms-- Baths1.0 Sq 2,300

Monthly Estimate*

$ 2,925

117 S Main Street, Lake City, MI 49651 - Image 1
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117 S Main Street, Lake City, MI 49651 - Image 8
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117 S Main Street, Lake City, MI 49651 - Image 10
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117 S Main Street, Lake City, MI 49651 - Image 13
117 S Main Street, Lake City, MI 49651 - Image 14

Commercial Property for sale in Lake City, MI

for $475,000 with 1 full bath. This 2,300 square foot building was built in 1900 on a lot size of 0.05.

The Town Pump Saloon, a historic gem in the heart of Lake City, is now available! As one of the longest-standing businesses in town, this beloved establishment has been a cherished destination for locals and vacationers alike. Situated in an ideal downtown location with a stunning view overlooking Lake Missaukee, this property offers both charm and opportunity. The bar itself is approximately 2,300 square feet, with an additional 2,300 square feet of patio space, making it perfect for gatherings and events. Known for its welcoming atmosphere, the Town Pump Saloon lives up to its motto: "Where Friends Meet." Owned and operated by the same family for decades, this historic marker has become a cornerstone of the community. Whether you're looking to continue its legacy or start something new, this is your chance to own a piece of Lake City history. Don’t miss this rare opportunity to own a thriving business in a prime location!

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Commercial Active

Price

$ 475,000

Full Bath

1

Property Type

Commercial

Taxes

$ 1,991

Style

Lot Size

0.05

Year Built

1900

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

1930405
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Close Of Escrow
Roof Other
Security Features Security System
Construction Materials Brick
Year Built 1900
Township Lake
Property Subtype Hospitality
Tax Year 2024
Business Type Bar/Tavern/Lounge
Accessibility Other
Assoc Fee Paid Per Annually
Business Name Town Pump Saloon
County Missaukee
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Lake City Commercial ECF
Garage Y/N N
Building Features 14ft Ceiling Height
Rent Includes None
Status Active
Directions Located downtown Lake City. Centrally located between State Farm Insurance and Huntington bank.
City Lake City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 2178
Carport Y/N N
Tax Annual Amount 1991.12
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 37789
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description N 1/2 OF LOT 5 BLK 5 ORIG PLAT CITY OF LAKE CITY.
Freehold IDX
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Interior
Basement Crawl Space
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Parking Features Parking Lot
Water Source Public
Lot Size Area 0.05
Spa N
Lot Dimensions 50x100
Lot Size Acres 0.05
Road Surface Type Asphalt
Other Parking Parking Lot
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Five Star Real Estate (Lake City)

Broker

(231) 920-7579

Phone

Affordability Calculator

$3,091
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/9/2026$475,000 -4.04% Price Down
1/27/2025$495,000 Listed Price

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117 S Main Street, Lake City, MI, 49651 is a Commercial Property for sale at $475,000 with 2,300 sqft and a lot size of 0.05. 117 S Main Street has 1.0 baths and was built in 1900. The property's zip code is 49651 which is in Lake City, MI

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