115 W John Street, Lake City, MI

$750,000

Previous Next

5,504

Square feet

2.30

Acres

About 115 W John Street

Prime Boutique Hotel Development Opportunity – Missaukee County, MI A rare waterfront development opportunity in the heart of Lake City, Michigan! This city-owned property offers 80 feet of frontage on Missaukee Lake, an 18,800-acre all-sports lake, and directly borders Central Park, which is set to receive a $900,000 state-funded renovation. Additionally, the city has plans for a new marina with both transient and seasonal boat slips, enhancing the area's appeal for visitors and residents alike. The city is actively seeking the right development partner to bring a boutique hotel or mixed-use project to life, creating a destination that complements the community’s vision for growth. With access to all public utilities and a strategic location near Traverse City and Cadillac, this site presents a one-of-a-kind investment opportunity in a rapidly developing market. Price is negotiable—let’s discuss the possibilities!

Features of 115 W John Street

MLS® # 80055019
Price $750,000
Square Footage 5,504
Acres 2.30
Year Built 1950
Type COM/IND/BUS OPP
Sub-Type Business
Status Active
Source MLS MiRealSource
Originating MLS Aspire North REALTORS

Community Information

Address 115 W John Street
Area Lake Twp
City Lake City
County Missaukee
State MI
Zip Code 49601

Amenities

Features ADA Accessible, Overhead Doors
Parking 3-5 Spaces, 6-10 Spaces

Interior

Heating Heat Pump(s)
Cooling Heat Pump(s)

Exterior

Roof Asphalt, Metal
Construction Frame, Steel, Vinyl Siding

Additional Information

Zoning Commercial
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Schmidt-Cadillac

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?