115 W John Street
$750,000
115 W John Street Lake Township, MI 49651
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About this listing
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!
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Building Size
5,504 sqft
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Lot Area
2.3 acres
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Year Built
1950
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MLS ID
1931659
DESCRIPTION
- • Exterior Description: Vinyl Siding
- • Garage Description: Curb Parking.
- • Heating Fuel Type: Gas
- • Heating Type: Heat Pump
- • Road Type: City / Town Street
- • Roof: Metal Roof
- • Water: Municipal Water
