Retail Space
1750 West Houghton Lake Road Lake City, MI 49651
Details & Description
Price: $299,000
    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.
    Property ID:    187209
    Property URL: melqr.com/187209
    Generated:    04-23-24
    Listing Agents
    Yvonne Meyer

    O: 231-796-4805
    M: 231-468-8068
    yvonne.rivertown@yahoo.com
    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.
    Retail Space / Michigan / Lake City / 49651 / 1750 West Houghton Lake Road

    1750 West Houghton Lake Road

    Lake City, MI 49651

    Listing ID: 187209
    Print Single-Page Version
    1750 West Houghton Lake Road Lake City, MI 49651 | for Sale | Photo 1
    Building Size: 4,376 SF
    Lot Size: --
    Land Size: 125,235 SF
    Building $/SF: $68.33
    Land $/SF: $2.39
    Price
    $299,000
    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.

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    Lake City Area Market Trends

    Listing Demographics for 1750 West Houghton Lake Road Lake City, MI 49651

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    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.

    Common Questions and Answers

    What is the asking price for 1750 West Houghton Lake Road in Lake City?
    The asking price for 1750 West Houghton Lake Road is $299,000
    What is the building size of this Retail property in Lake City, MI?
    The size of the building/unit at 1750 West Houghton Lake Road in Lake City is 4,376 square feet
    What kind of Retail is the propery at 1750 West Houghton Lake Road?
    The property at 1750 West Houghton Lake Road Lake City, MI 49651 is listed as a Food Service Retail property
    What is the population within 1 mile of 1750 West Houghton Lake Road in Lake City?
    The population within 1 mile of 1750 West Houghton Lake Road Lake City, MI 49651 is 79 people.
    Who do I contact for questions about 1750 West Houghton Lake Road?
    You should contact the listing agent, Yvonne Meyer, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    MBS International Airport (MBS) 76
    Austin Straubel International Airport (GRB) 148
    General Mitchell International Airport (MKE) 168
    Price
    $299,000
    Listing Agent
    Yvonne Meyer - CRE Agent at

    Yvonne Meyer

    Rivertown Real Estate

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