Lake City, MI
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    Lake City, MI Commercial Real Estate for Sale

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    Mc Bain, MI Cadillac, MI Manton, MI
    18 results
    Lake City Car Wash Business
    $300,000
    0.24 Acres

    Lake City Car Wash Business

    991 S Lakeshore Drive, Lake City, MI 49651

    Self-serve car wash business with real property and assets.

    • New Gin‑San 'SES' Carwash system fully installed in 2025 (valued at $48,000 per bay).
    • Remote operation capabilities with Nyax system for coin and card tracking, and real‑time monitoring.
    • Unique 3rd bay designed for boats, RVs, Side by Sides and ORVs.
    • Includes business, assets, and real property (LLC name, web domain, Google Business Account, etc.).
    • High traffic location between US 131 and US 75.
    Updated: Mar 5
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    Historic Bar with Lake View
    $475,000
    2,300 SF

    Historic Bar with Lake View

    117 S Main Street, Lake City, MI 49651

    Established bar in prime location with lake views and patio.

    • Prime downtown location with STUNNING VIEWS of Lake Missaukee.
    • Established, historic business with a long‑standing reputation.
    • Large bar area of approximately 2,300 sq ft.
    • Extensive patio space of approximately 2,300 sq ft, IDEAL FOR EVENTS.
    • Well‑known for its welcoming atmosphere and community connection.
    Updated: Apr 6
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    Lake City Restaurant/Bar Opportunity
    $470,000
    2,500 SF

    Lake City Restaurant/Bar Opportunity

    Turnkey restaurant and bar near Lake Missaukee, ready for immediate use.

    113 Main Street, Lake City, MI 49651
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    Established Restaurant Opportunity in Lake
    $129,900
    510 SF

    Established Restaurant Opportunity in Lake

    Turnkey restaurant for sale in a visible location.

    81 N Morey Road, Lake City, MI 49651
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    Retail Building in High-Traffic Area
    $275,000
    10,000 SF

    Retail Building in High-Traffic Area

    10,000 sq ft retail building with long-term leases.

    1968 S Morey Road, Lake City, MI 49651
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    High-Traffic Corner Commercial Land
    $450,000
    0.72 Acres

    High-Traffic Corner Commercial Land

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

    Lake City, MI 49651
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    Established Restaurant Business Opportunity
    $289,900
    1,400 SF

    Established Restaurant Business Opportunity

    Operating restaurant for sale with real estate, equipment, and inventory.

    137 N Front Street, Lake City, MI 49651
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    Lake City Car Wash Business
    $300,000

    Lake City Car Wash Business

    Self-serve car wash with high traffic and updated technology.

    991 S Lakeshore Dr, Lake City, MI 49651
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    Lake City Car Wash Business
    $300,000

    Lake City Car Wash Business

    Self-serve car wash with updated technology and remote operation.

    991 South Lakeshore Drive, Lake City, MI 49651
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    Prime Lake City Development Opportunity
    $47,000
    6.30 Acres

    Prime Lake City Development Opportunity

    Versatile land near Lake City, ideal for various uses.

    VL W Houghton Lake Road, Lake City, MI 49651
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    Lake Missaukee Waterfront Mixed-Use Property
    $429,000
    3,331 SF

    Lake Missaukee Waterfront Mixed-Use Property

    Mixed-use property with immediate income potential and long-term lifestyle value.

    218 S Main Street, Lake City, MI 49651
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    Lakefront Motel & Gift Shop
    $1,100,000
    6,554 SF

    Lakefront Motel & Gift Shop

    Lakefront motel, gift shop, and gas on Lake Missaukee.

    214 Main Street, Lake City, MI 49651
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    Wooded Aviation Lot Near Lake
    Contact for pricing
    0.55 Acres

    Wooded Aviation Lot Near Lake

    0.55 acre wooded lot with taxiway access.

    Taxiway Foxtrot, Lake City, MI 49651
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    Airpark Lot Near Lake City
    Contact for pricing
    0.48 Acres

    Airpark Lot Near Lake City

    Cleared 0.48-acre lot with taxiway access in Lake City.

    Taxiway Foxtrot, Lake City, MI 49651
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    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
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    Equipped Office Space For Sale
    $280,000
    1,603 SF

    Equipped Office Space For Sale

    Turnkey office space suitable for medical or professional use.

    1038 E WEST MAPLE Road, Walled, Lake City, MI 48390
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    Lake City 15-Acre Parcel
    $64,900
    15.00 Acres

    Lake City 15-Acre Parcel

    15 acres of mixed hardwoods and open areas near Loon Lake.

    N Van Dermullen Road, Lake City, MI 49651
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    20 Acres of Vacant Land
    $139,900
    20.00 Acres

    20 Acres of Vacant Land

    20 acre parcel with pines and hardwoods, abundant wildlife.

    VL Forward, Lake City, MI 49651
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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Lake City, MI, we suggest to view alternatives - similar 54 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

    1501 Morey Rd

    COMMERCIAL (GENERAL) • 0.84 Acres
    Value Estimation by Request
    1501 Morey Rd, Lake City, MI 49651-7606
    View details
    9419 Watergate Rd

    9419 Watergate Rd

    COMMERCIAL (GENERAL) • 1.72 Acres
    Value Estimation by Request
    9419 Watergate Rd, Lake City, MI 49651
    View details
    4021 Houghton Lk Rd

    4021 Houghton Lk Rd

    COMMERCIAL (GENERAL) • 2,708 SF
    Value Estimation by Request
    4021 Houghton Lk Rd, Lake City, MI 49651-8455
    View details
    4664 Morey Rd

    4664 Morey Rd

    COMMERCIAL (GENERAL) • 19.70 Acres
    Value Estimation by Request
    4664 Morey Rd, Lake City, MI 49651-8004
    View details
    Main St

    Main St

    VACANT COMMERCIAL LAND • 0.02 Acres
    Value Estimation by Request
    Main St, Lake City, MI 49651
    View details
    1900 Lachance Rd

    1900 Lachance Rd

    COMMERCIAL (GENERAL) • 20.00 Acres
    Value Estimation by Request
    1900 Lachance Rd, Lake City, MI 49651-8022
    View details

    Lake City, MI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Lake City, MI, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 28,198 square feet of properties for sale, with an estimated market value of $3,448,800.

    Sale prices for business properties in Lake City, MI start at $129,900, averaging $431,100, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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 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
    Walled Lake $280K
    Lake City $293.6K

    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%

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