Lake City, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Lake City, MI Commercial Land for Sale

    Notify Me
    List
    Map
    Mc Bain, MI Cadillac, MI Manton, MI
    High-Traffic Corner Commercial Land
    $450,000
    0.72 Acres

    High-Traffic Corner Commercial Land

    Lake City, MI 49651

    Prime commercial land at M-66 and M-55 intersection in Lake City.

    • High‑traffic corner location at the intersection of M‑66 and M‑55.
    • Premium visibility and accessibility with frontage on three streets.
    • Level, cleared topography suitable for seamless development.
    • City services readily available.
    • Located across from McDonald's and a busy gas station.
    Updated: Dec 21, 2025
    View details
    Prime Lake City Development Opportunity
    $47,000
    6.30 Acres

    Prime Lake City Development Opportunity

    VL W Houghton Lake Road, Lake City, MI 49651

    Versatile land near Lake City, ideal for various uses.

    • prime property located just east of lake city and west of houghton lake.
    • electricity at the road.
    • excellent building site, recreational property, or a commercial site for a business.
    • acreage extends to the north which enables room to distance from the highway.
    • several lakes in the area.
    Updated: Jan 15
    View details
    Corner Lot Development Opportunity
    $450,000
    0.72 Acres

    Corner Lot Development Opportunity

    High-visibility corner lot ideal for development in Lake City.

    Lake City, MI 49651
    View details
    Based on your search, we've compiled 74 Potential Opportunities for your consideration. Besides 3 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    240 Acres Prime Development Land
    $599,900
    240.00 Acres

    240 Acres Prime Development Land

    Prime development property in Cadillac's busy North end shopping district.

    E 34 ROAD, Cadillac, MI 49601
    View details
    240 Acres Prime Development Property
    $599,900
    240.00 Acres

    240 Acres Prime Development Property

    Prime commercial development land with highway frontage in Cadillac, Michigan.

    E 34 Road, Cadillac, MI 49601
    View details
    High-Visibility Commercial Land in McBain
    $229,900
    25,884 SF

    High-Visibility Commercial Land in McBain

    0.6-acre commercial land with high visibility and accessibility.

    Mc Bain, MI 49657
    View details
    High-Visibility Commercial Land in McBain
    $229,900
    25,884 SF

    High-Visibility Commercial Land in McBain

    Prime commercial land with high visibility and development potential.

    Mc Bain, MI 49657
    View details

    Off-Market Properties in Lake City, MI

    Consider similar Off-Market properties in Lake City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Main St

    Main St

    VACANT COMMERCIAL LAND • 0.02 Acres
    Value Estimation by Request
    Main St, Lake City, MI 49651
    View details
    M-66

    M-66

    VACANT COMMERCIAL LAND • 3.23 Acres
    Value Estimation by Request
    M-66, Lake City, MI 49651
    View details
    Watergate Rd

    Watergate Rd

    VACANT COMMERCIAL LAND • 1.09 Acres
    Value Estimation by Request
    Watergate Rd, Lake City, MI 49651
    View details
    116 Frnt Front

    116 Frnt Front

    VACANT COMMERCIAL LAND • 0.12 Acres
    Value Estimation by Request
    116 Frnt Front, Lake City, MI 49651-8591
    View details
    Main St

    Main St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Main St, Lake City, MI 49651
    View details
    Watergate Rd

    Watergate Rd

    VACANT COMMERCIAL LAND • 7.14 Acres
    Value Estimation by Request
    Watergate Rd, Lake City, MI 49651
    View details
    134 Vander Meulen Rd

    134 Vander Meulen Rd

    VACANT COMMERCIAL LAND • 0.69 Acres
    Value Estimation by Request
    134 Vander Meulen Rd, Lake City, MI 49651-8834
    View details
    Russell St

    Russell St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Russell St, Lake City, MI 49651
    View details
    1670 Morey Rd

    1670 Morey Rd

    VACANT COMMERCIAL LAND • 2.65 Acres
    Value Estimation by Request
    1670 Morey Rd, Lake City, MI 49651-9066
    View details
    Morey Rd

    Morey Rd

    VACANT COMMERCIAL LAND • 51.51 Acres
    Value Estimation by Request
    Morey Rd, Lake City, MI 49651
    View details
    Morey Rd

    Morey Rd

    VACANT COMMERCIAL LAND • 0.60 Acres
    Value Estimation by Request
    Morey Rd, Lake City, MI 49651
    View details
    50 Morey Rd

    50 Morey Rd

    VACANT COMMERCIAL LAND • 0.44 Acres
    Value Estimation by Request
    50 Morey Rd, Lake City, MI 49651-8585
    View details
    1909 Morey Rd

    1909 Morey Rd

    VACANT COMMERCIAL LAND • 0.91 Acres
    Value Estimation by Request
    1909 Morey Rd, Lake City, MI 49651-8651
    View details
    3922 Morey Rd

    3922 Morey Rd

    VACANT COMMERCIAL LAND • 1.14 Acres
    Value Estimation by Request
    3922 Morey Rd, Lake City, MI 49651-8658
    View details
    Morey Rd

    Morey Rd

    VACANT COMMERCIAL LAND • 6.38 Acres
    Value Estimation by Request
    Morey Rd, Lake City, MI 49651
    View details
    Morey Rd

    Morey Rd

    VACANT COMMERCIAL LAND • 1.19 Acres
    Value Estimation by Request
    Morey Rd, Lake City, MI 49651
    View details
    Morey Rd

    Morey Rd

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Morey Rd, Lake City, MI 49651
    View details
    Mitchell St

    Mitchell St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Mitchell St, Lake City, MI 49651
    View details
    Mitchell St

    Mitchell St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Mitchell St, Lake City, MI 49651
    View details
    Mitchell St

    Mitchell St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Mitchell St, Lake City, MI 49651
    View details
    Mitchell St

    Mitchell St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Mitchell St, Lake City, MI 49651
    View details

    Lake City, MI Commercial Land Investment Opportunities Market Analysis

    Explore 70 commercial land for sale in Lake City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $947,000.

    Sale prices for commercial lots in Lake City, MI start at $47,000, averaging $315,666, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Recreation land 4
    Commercial land 3
    Agricultural land / Farmland 2
    Waterfront Land 2
    Residential land & home lots 2

    Demographics Overview

    Population 7,540
    Population Growth (5Y) -4.4%
    Median Household Income $61,524
    College Educated 26.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49651 $315.7K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Property Tax per SF $98.07 per sq ft
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings