115 W John Street, LakeTownship_Missaukee, MI 49601
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Listing Type
Other
Listing Status
active
30
$750,000
Home Details for 115 W John Street
Price
$750,000
Type
Business Opportunity
Bedrooms
0
Bathrooms
Square feet
5504
Year built
1950
Lot size acres
2.3
County
Missaukee
Garage
Days on site
263
MLS Listing#
78080055019
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€"Âlet’s discuss the possibilities!