115 W John Street Active Save Request In-Person Tour Request Virtual Tour
Lake Twp,MI 49601
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 5,504 sqft
Price per Sqft $136
MLS Listing ID 78080055019
Originating Board Aspire North REALTORS®
Year Built 1950
Lot Size 2.300 Acres
Acres 2.3
Lot Dimensions 250'x400'
Property Sub-Type Business Opportunity
Property Description
Prime Boutique Hotel Development Opportunity â€" 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 negotiableâ€"let’s discuss the possibilities!
Location
State MI
County Missaukee
Area Lake Twp
Zoning Commercial
Body of Water Lake Missaukee
Interior
Heating Heat Pump
Heat Source Heat Pump,Natural Gas
Exterior
Waterfront Description Water Front
Roof Type Asphalt,Metal
Accessibility Disabled Access
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Additional Building Other
Structure Type Frame,Steel,Vinyl
Schools
School District Lake City
Others
Tax ID 5705110200100
Ownership Corporate/Relocation
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings