117 S Main Street, Lake City, MI 49651
Lake City Commercial ECF · Missaukee County
Key Facts
Description
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!
Property Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
Year Built
1900
Living Area
2,300 sq ft
Lot Size
0.05 acres
Lot Dimensions
50x100
Days on Market
3
MLS® Listing#
1930405
Property Features
Heating
Basement
Parking
Construction
Roof
Security
Sewer
Water Source
Financial Details
HOA
Yes
Annual Taxes
$1,991
Tax year 2024
Assessed Value
$37,789
Parcel Number
051-105-005-00
Directions
Located downtown Lake City. Centrally located between State Farm Insurance and Huntington bank.
Affordability Calculator
$95,000
Estimated monthly payment
$2,528/mo
Principal $380,000 · Est. interest $530,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lake City, MI
- $248,343
- Median Listing Price
- 59
- Median Days on Market
- 1,503
- Median Sq Ft
- $140
- Median Price / Sq Ft
- 14,171
- Active Listings
- This home’s price is 91% above the area median.
- Its price per sq ft is 48% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lake City, MI.
Location
Points of Interest in Lake City, MI
Showing the Lake City area map.
Nearby Schools
Lake City High School
Secondary · 0.3 mi away
Lake City Area Schools
School · 0.4 mi away
Lake City Middle School
Secondary · 0.6 mi away
Wexford Missaukee Isd
Secondary · 9.3 mi away
McBain Elementary School
Elementary · 9.6 mi away
McBain Rural Agricultural School
School · 9.6 mi away
McBain High School
Secondary · 9.6 mi away
Northern Michigan Christian School
Secondary · 9.8 mi away
Northview Seventh-Day Adventist School
School · 10.1 mi away
Manton Consolidated Schools
Secondary · 10.3 mi away
Franklin Elementary School
Elementary · 10.4 mi away
Lincoln Elementary School
Elementary · 10.6 mi away
Cadillac Area Public Schools
School · 10.8 mi away
Cadillac Junior High School
Secondary · 11.4 mi away
KENWOOD Elementary School
Elementary · 12.1 mi away
Mackinaw Trail Middle School
Secondary · 12.4 mi away
Marion Elementary School
Elementary · 16.3 mi away
Marion Public Schools
Secondary · 16.3 mi away
Marion High School
Secondary · 16.5 mi away
Pugsley Correctional Facility
Secondary · 17.8 mi away
Commute Calculator
Nearby Homes
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|---|---|---|---|---|
| 32425 Cloverdale Avenue, Farmington City, MI | $333,000 | 3 | 2 | 1,682 |
| 28071 Carlton Way, Novi City, MI | $334,900 | 2 | 2 | 1,579 |
| 934 reynard Street SE, Grand Rapids City, MI | $334,900 | 3 | 2 | 1,498 |
| 6296 Reynolds Road, Lake Ann, MI | $334,900 | 2 | 1 | 960 |
| 5815 Chicago Road, Warren City, MI | $334,900 | 4 | 2 | 2,720 |
| 571 W Saratoga Street, Ferndale City, MI | $334,900 | 3 | 2 | 1,408 |
Moving Cost Estimate
EXIT Agents in Lake City
Listing Courtesy: Five Star Real Estate (Lake City)