MI
Missaukee
LakeTownship_Missaukee
49601
115 W John Street
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€"let’s discuss the possibilities!

Property Features
  • Heating Information
    • Heat Pump
    • Natural Gas
  • Waterfront and Water Access
    • Waterfront
  • Cooling Information
    • Heat Pump
  • Water Features
    • Public
  • Utilities
    • Natural Gas Connected
  • Parking
    • Other
Listing Courtesy: Coldwell Banker Schmidt-Cadillac - 231-775-1737
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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