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
UpdatedMarch 22nd, 2025
TypeOthers
Price$750,000
Building5,504 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!


Financials


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