115 W John, Lake township, Michigan

$750,000

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2.30

Acres

About 115 W John

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!

Features of 115 W John

MLS® # 78080055019
Price $750,000
Bathrooms 0.00
Acres 2.30
Year Built 1950
Type Commercial
Status Active

Community Information

Address 115 W John
Area 57081 - Lake Twp
Subdivision NONE
City Lake township
County Missaukee
State Michigan
Zip Code 49601

Amenities

Utilities Natural Gas Connected
Parking Other
Is Waterfront No
Waterfront Waterfront
Has Pool No

Interior

Heating Heat Pump, Natural Gas
Cooling Heat Pump
Fireplace No

Exterior

Construction Frame, Steel Siding, Vinyl Siding

School Information

District Lake City

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Schmidt-Cadillac
Contact Infodaniella.bell@cbgreatlakes.com

Listing Map

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