1750 West Houghton Lake Road

Lake City, MI 49651

Listing ID: 187209
$299,000
For Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 4,376
  • Building Price per Sq Ft $68.33
  • Land Sq Ft 125,235
  • Land Price per Sq Ft $2.39
Description

Very successful up and running restaurant/bar/event center. Restaurant features family friendly casual dining with 130 seats. (168 Max. Capacity). Business includes, liquor license, all furniture, kitchen equipment and a 3 bedroom, 2 bath 1985 manufactured house with a large 2 stall detached garage. Home may be used as a rental (currently rented, month to month), or for your personal use. Located on busy highway M-55, the East West corridor between Lake Michigan and Lake Huron and between Grand Rapids and the UP. Missaukee county is not zoned. This is a must see. During the first Covid shutdown they were able to meet their financial responsibilities from the carry out business.

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population797623,112
Population Median Age434442
Population by Age0-9 Yrs10 (12%)92 (12%)398 (12%)
10-19 Yrs8 (10%)80 (10%)391 (12%)
20-29 Yrs9 (11%)88 (11%)317 (10%)
30-39 Yrs7 (8%)68 (8%)342 (10%)
40-49 Yrs8 (10%)79 (10%)333 (10%)
50-59 Yrs13 (16%)125 (16%)427 (13%)
60-69 Yrs10 (12%)98 (12%)407 (13%)
70+ Yrs14 (17%)133 (17%)496 (15%)
Median HH Income$40,951$41,085$42,722
Total Household Income< 24K10 (29%)98 (29%)359 (28%)
25-49K11 (32%)100 (30%)396 (31%)
50-74K7 (20%)68 (20%)250 (19%)
75-99K4 (11%)38 (11%)168 (13%)
100-199K2 (5%)21 (6%)90 (7%)
200K+0 (0%)3 (0%)15 (1%)
Highest Education LevelNo Diploma874254
Diploma or GED26247902
Some College11105473
Assoc. Degree551208
Bachelors Degree547209
Higher Degree217100
Total Housing Units494591,937
--Owner-Occupied26250976
--Renter-Occupied878301
Owner-Occupied Values< 100K13122490
100-199K883311
200-299K333120
300-399K1629
400-499K0112
500K+0313
Total Working Age Population656202,471
In Work Force343221,316
Not In Work Force312971,155
Workforce Employed313011,223
Workforce Unemployed22293
Civlian Workforce343221,316
Military Workforce000
Total Households343271,277
Family Households22207838
Non-Family Households12120439
Married Couple16156619
Other Family652219
Married w/Child439181
Single Male w/Child11367
Single Female w/Child11056

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Missaukee County14,478+314,849+115,062+215,412

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Directions
Listing Agent
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Yvonne Meyer

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