Log In/Sign Up
Your email has been sent.
115 W John St 5,504 SF Flex Building Lake City, MI 49651 $1,046,940 CAD ($190.21 CAD/SF)
INVESTMENT HIGHLIGHTS
- Enjoy 80 feet of frontage on Missaukee Lake.
- Close to Traverse City and Cadillac with all public utilities available.
- Ideal for a boutique hotel or mixed-use project.
EXECUTIVE SUMMARY
M66 into Lake City (aka Main Street) to John Street west to just before the lake
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!
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!
PROPERTY FACTS
| Price | $1,046,940 CAD | Rentable Building Area | 5,504 SF |
| Price Per SF | $190.21 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1950 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Flex Research & Development | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.30 AC | Parcel Number | 051-102-001-00 |
| Zoning | C1 - Commercial | ||
| Price | $1,046,940 CAD |
| Price Per SF | $190.21 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Lot Size | 2.30 AC |
| Rentable Building Area | 5,504 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | C1 - Commercial |
| Parcel Number | 051-102-001-00 |
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
115 W John St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.