Fife Lake MI Commercial for Sale

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Type:
Business Opportunities
Sq.Ft.:
2,830
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1950
Baths:
MLS#:
80051904
Subdivision:
Village Of North Fife Lake

ADDITIONAL INFORMATION

Seize the opportunity to own a thriving establishment with breathtaking views of Fife Lake and the picturesque village park. The Fife Lake Inn boasts spacious indoor seating for over 90 guests, complemented by an outdoor deck that accommodates an additional 20 patrons during warm weather. Its charming log beam construction adds a touch of Northern Michigan character, inviting guests to relax and enjoy the ambiance. Recently updates include carpet, paint, and lighting fixtures, along with a wine cooler and 12 bar taps, ensuring a modern and inviting experience for customers. This sale includes the business, equipment, fixtures, liquor license, and real estateââ?¬â??everything you need to carry on its storied legacy. Donââ?¬â?¢t miss your chance to own a piece of Fife Lake history!

Type:
Business Opportunities
Sq.Ft.:
1,136
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1918
Baths:
MLS#:
80016610
Subdivision:
Village Of Fife Lake

ADDITIONAL INFORMATION

Nestled in the charming historic village of Fife Lake, lies a hidden gem that has been serving up delicious breakfast dishes for decades. This long-established restaurant has become a beloved staple in the community, known for its great food and baked goods plus a friendly atmosphere to locals and visitors alike. Hit the ground running with this turn-key business that is ready to go from your first day of ownership. In addition to the already solid income stream, there is great potential to add substantially more revenue by adding lunch and dinner and making use of the two existing pizza ovens. Business includes real estate, buildings, equipment, inventory and most vintage decor.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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Fife Lake Real Estate

The median home value in Fife Lake, MI is $305,000. This is lower than the county median home value of $343,200. The national median home value is $338,100. The average price of homes sold in Fife Lake, MI is $305,000. Approximately 51.81% of Fife Lake homes are owned, compared to 6.02% rented, while 42.17% are vacant. Fife Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fife Lake real estate agent to arrange a tour today!

Fife Lake, Michigan has a population of 321. Fife Lake is less family-centric than the surrounding county with 17.78% of the households containing married families with children. The county average for households married with children is 26.67%.

The median household income in Fife Lake, Michigan is $60,625. The median household income for the surrounding county is $69,393 compared to the national median of $69,021. The median age of people living in Fife Lake is 50.5 years.

Fife Lake Weather

The average high temperature in July is 80.8 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 34.8 inches per year, with 94.1 inches of snow per year.

Fife Lake Real Estate Market Conditions

  • Median sales price

    $305,000
    19.8% change since last quarter
  • # Active listings

    56
    30-day change

Fife Lake Schools and Demographics

Education near Fife Lake, MI

Metric City County
High School Graduates 95.04 95.16
College Degree - 2 year 12.98 10.7
College Degree - 4 year 22.14 38.42
Graduate Degree 5.34 10.9
Expenditures per Student 12,554 12,554
Students per Teacher 17.7 17.7

Elementary Schools near Fife Lake, MI

School Grades Students P/T Ratio ZIP
Birch Street Elementary School KG - 03 442 15 49646
Crawford School KG - 08 43 13.2 49646
FIFE Lake Elementary School KG - 04 197 18.2 49633
Lake City Elementary School KG - 05 508 19 49651
Manton Consolidated Elementary School PK - 04 361 18.7 49663

Middle Schools near Fife Lake, MI

School Grades Students P/T Ratio ZIP
Cherry Street Intermediate School 04 - 05 217 18.4 49646
Forest Area Middle School 05 - 08 166 16.4 49633
Kalkaska Middle School 06 - 08 339 18.2 49646
Lake City Lower Elementary School KG - 02 260 21 49651
Lake City Middle School 06 - 08 267 16.2 49651
Manton Consolidated Middle School 05 - 08 280 20.9 49663

High Schools near Fife Lake, MI

School Grades Students P/T Ratio ZIP
Forest Area High School 09 - 12 172 19.9 49633
Kalkaska High School 09 - 12 451 21.2 49646
Lake City High School 09 - 12 340 20.5 49651
Manton Consolidated High School 09 - 12 285 19 49663
Northside Educational Center 09 - 12 65 13.5 49646

Demographics near Fife Lake, MI

Metric City County
Neighborhood Type Small town
Population 321 94,562
Population Density 442 204
Median Age 50.5 42.9
People per Household 2.2 2.4
Median Household Income 60,625 69,393
Average Income per Capita 33,499 36,651