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Lake City, MI

Lake City, MI Commercial Real Estate for Sale

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Mc Bain, MI Manton, MI Cadillac, MI Saginaw, MI Merritt, MI Marion, MI Tustin, MI Fife Lake, MI

17 properties

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18-Hole Miniature Golf Course

Updated: Jul 23

18-Hole Miniature Golf Course

406 N Houghton Street, Lake City, MI 49651

$325,000

500 sqft 1.03 AC lot

1.03‑acre commercially zoned recreational property
18‑hole miniature golf course built in 2018
Estimated traffic of 10,000 to 20,000 vehicles daily along M‑55/M‑66
Three blocks from 1,880‑acre Lake Missaukee
Covered pavilion with picnic tables, fountains, gardens, and evening lighting

Pizza Restaurant With Commercial Equipment

Updated: Feb 13

Pizza Restaurant With Commercial Equipment

81 N Morey Road, Lake City, MI 49651

$119,900

510 sqft 0.01 AC lot

510‑square‑foot restaurant building constructed in 1950
Sale includes the operating pizza business and food‑service equipment
Two‑door natural gas pizza oven and 10‑by‑10‑foot walk‑in cooler included
Additional equipment includes convection oven, commercial mixer, freezers, and pop cooler
Located at 81 N Morey Road, just north of the M‑55 and M‑66 intersection

Downtown Bar With Lake Views

Downtown Bar With Lake Views

117 S Main Street, Lake City, MI 49651

$475,000

2,300 sqft 0.05 AC lot

Brick-built bar with a dedicated outdoor patio and on-site parking lot.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Established Restaurant Business Opportunity

Established Restaurant Business Opportunity

81 N Morey Rd, Lake City, MI 49651

$119,900

510 sqft

Profitable restaurant with high visibility location for sale.

Waterfront Restaurant and Bar

Waterfront Restaurant and Bar

113 S Main Street, Lake City, MI 49651

$499,900

2,461 sqft 0.30 AC lot

Equipped dining and bar facility with an outdoor patio, parking lot, and downtown positioning near public lake access.

Self-Serve Car Wash with Oversized Bay

Self-Serve Car Wash with Oversized Bay

991 S Lakeshore Drive, Lake City, MI 49651

$275,000

0.24 AC lot

Remote monitoring, card and coin payment, and space for larger vehicles support flexible customer use.

Aviation Property with Pole Building

Aviation Property with Pole Building

1163 S Taxiway Echo, Lake City, MI 49651

$109,900

0.55 AC lot

The parcel includes a concrete-floored, electrified building along with installed well and septic systems.

Waterfront Restaurant and Bar

Waterfront Restaurant and Bar

Lake City, MI 49651

$499,900

2,461 sqft

Fully equipped dining property with commercial kitchen, furnishings, and seasonal outdoor service areas.

Operating Restaurant with Real Estate

Operating Restaurant with Real Estate

137 N Front Street, Lake City, MI 49651

$289,900

1,400 sqft 0.25 AC lot

The offering includes an operating restaurant, real estate, equipment, inventory, business assets, and an on-site shed.

Aviation Property with Hangar

Aviation Property with Hangar

1163 S TAXIWAY ECHO, Lake City, MI 49651

$109,900

The powered hangar has a concrete floor, with well and septic systems installed on the property.

Pole Barn on Wooded Acreage

Pole Barn on Wooded Acreage

10384 West Rosted Road, Lake City, MI 49651

$99,900

1,200 sqft 3.29 AC lot

Wooded 3.29-acre site with a 30-by-40 pole barn for storage or future development, subject to restrictions.

Aviation Property with Hangar

Aviation Property with Hangar

Lake City, MI 49651

$109,900

An on-site pole building offers enclosed space with a concrete floor and electrical service.

Warehouse Condominium with Dual Garage Doors

Warehouse Condominium with Dual Garage Doors

668 N Al Moses Road, Lake City, MI 49651

$84,900

A pole building with concrete flooring, electrical service, lighting, and a separate service entrance supports storage or workshop use.

Corner Lot Development Opportunity

Corner Lot Development Opportunity

Lake City, MI 49651

$450,000

0.72 AC lot

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

Level Commercial Corner Land

Level Commercial Corner Land

Lake City, MI 49651

$450,000

0.72 AC lot

Cleared corner parcel with frontage on three streets and cable availability.

20 Acres of Vacant Land

20 Acres of Vacant Land

VL Forward, Lake City, MI 49651

$125,000

20.00 AC lot

20 acre parcel with pines and hardwoods, abundant wildlife.

Land

1163 S Taxiway Echo, Lake City, MI 49651

$109,900

Aviation real estate

Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Lake City, MI, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

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.

1501 Morey Rd

COMMERCIAL (GENERAL)

1501 Morey Rd, Lake City, MI 49651-7606

Estimated value:

$255,000

0.84 AC lot

9419 Watergate Rd

COMMERCIAL (GENERAL)

9419 Watergate Rd, Lake City, MI 49651

Estimated value:

$260,000

1.72 AC lot

4021 Houghton Lk Rd

COMMERCIAL (GENERAL)

4021 Houghton Lk Rd, Lake City, MI 49651-8455

Estimated value:

$250,000

2,708 sqft 2.00 AC lot

4664 Morey Rd

COMMERCIAL (GENERAL)

4664 Morey Rd, Lake City, MI 49651-8004

Estimated value:

$250,000

19.70 AC lot

Main St

VACANT COMMERCIAL LAND

Main St, Lake City, MI 49651

Estimated value:

$230,000

0.02 AC lot

1900 Lachance Rd

COMMERCIAL (GENERAL)

1900 Lachance Rd, Lake City, MI 49651-8022

Estimated value:

$325,000

20.00 AC lot

15 Kalkaska

COMMERCIAL (GENERAL)

15 Kalkaska, Lake City, MI 49651-8798

Estimated value:

$70,000

0.28 AC lot

Lake City, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lake City, MI, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 11,342 square feet of properties for sale, with an estimated market value of $4,253,900.

Sale prices for business properties in Lake City, MI start at $84,900, averaging $250,229, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,540

Population Growth (5Y) -4.4%

Median Household Income $61,524

College Educated 26.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49651	$242.6K

Taxes & Financing

Tax Rate (average for all types) 3.24%

Property Tax per SF $98.07 per SF

Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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