Lake Twp, MI 49601,115 W John Street
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Lake Twp, MI 49601,115 W John Street
Lake Twp, MI 49601,115 W John Street
Lake Twp, MI 49601,115 W John Street
Lake Twp, MI 49601,115 W John Street
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$ 750,000
Est. payment /mo
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115 W John Street Lake Twp, MI 49601

5,504 SqFt


UPDATED:

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

Year Built 1950

Lot Size 2.300 Acres

Acres 2.3

Lot Dimensions 250'x400'

Property Sub-Type Business Opportunity

Source Aspire North REALTORS®

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


Realcomp MLS
Listed by Daniella M Bell of Coldwell Banker Schmidt-Cadillac
agent

Good Company Realty

+1(248) 733-5811

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