115 W John Street, Lake City, MI
Others for Sale - $750,000 - 5,504 Sq. Ft.
Agent Info
Daniella Bell Coldwell Banker Schmidt Realtors |
Property Info
CIMLS# | 1173573 |
Location 115 W John Street Lake City MI 49601 | |
Updated | March 22nd, 2025 |
Type | Others |
Price | $750,000 |
Building | 5,504 Sq. Ft. |
Property Description
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!