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!
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.
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.
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.