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    Lake, MI

    Lake, MI Commercial Real Estate for Sale

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    Farwell, MI Clare, MI Harrison, MI Sears, MI Lake George, MI Weidman, MI Evart, MI Barryton, MI
    6 properties
    High-Visibility Commercial Land Parcel
    Updated: Sep 27, 2025
    High-Visibility Commercial Land Parcel

    8568 W Ludington Drive, Lake, MI 48632

    $55,000
    1.67 AC lot
    1.7‑acre property with high visibility on US‑10
    Mostly cleared along the road side with a partial wooded parcel
    Located close to downtown Lake Station and nearby lakes including Crooked Lake and Eight Point Lake
    Directly across from Pere Marquette State Trail
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    Cleared Commercial Land
    Updated: Sep 27, 2025
    Cleared Commercial Land

    8568 W Ludington Drive, Lake, MI 48632

    $55,000
    1.67 AC lot
    1.67‑acre commercial land parcel
    Located along US‑10 at 8568 W Ludington Drive
    Mostly cleared roadside area with a partially wooded section
    Across from Pere Marquette State Trail
    Near downtown Lake Station, Crooked Lake, and Eight Point Lake
    View details
    Commercial Land Along US 10
    Commercial Land Along US 10

    V/L W Ludington Drive, Lake, MI 48632

    $42,900
    0.48 AC lot

    Cleared commercial parcel with neighboring gas station and auto-service uses, plus Rails to Trails access along the rear.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Waterfront Property with Four Cabins
    Waterfront Property with Four Cabins

    1249 N CROOKED, Lake, MI 48632

    $644,900
    3,164 sqft

    Unique waterfront property featuring four updated cabins on Crooked Lake.

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    Pole Barn Storage Building
    Pole Barn Storage Building

    8697 Holly Street, Lake, MI 48632

    $49,900

    Newer pole barn with skylights offers enclosed storage, with electric and gas available at the street.

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    Commercial Subdivision Near Eight Point Lake
    Commercial Subdivision Near Eight Point Lake

    TBD S Partridge Avenue, Lake, MI 48632

    Contact for pricing

    Commercial subdivision with 23 parcels near Eight Point Lake.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

    Drive-Through Restaurant with Equipment
    Drive-Through Restaurant with Equipment

    3510 W Cadillac Drive, Farwell, MI 48622

    $345,000
    1,612 sqft 0.97 AC lot

    Freestanding diner includes updated kitchen equipment, a drive-thru window, outdoor seating, and on-site parking.

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    Commercial Land Along M-115
    Commercial Land Along M-115

    CADILLAC Drive, Farwell, MI 48622

    $75,000
    2.00 AC lot

    Unimproved commercial parcel with road exposure near the US-10 and M-115 interchange.

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    Aviation Parcel Along Lighted Runway
    Aviation Parcel Along Lighted Runway

    7645 Windoga Lake Drive lot: 218, Weidman, MI 48893

    Contact for pricing
    0.23 AC lot

    Recreational aviation parcel with access to trails, a no-wake lake, and a lighted grass runway.

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    Aviation Property Along Grass Runway
    Aviation Property Along Grass Runway

    Weidman, MI 48893

    Contact for pricing

    Aviation parcel with runway access, recreational trails, and use of Windoga Lake through the annual association.

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    Off-Market Properties in Lake, MI

    Consider similar Off-Market properties in Lake, 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.

    259 Windover Dr
    COMMERCIAL (GENERAL)

    259 Windover Dr, Lake, MI 48632

    Estimated value:
    $240,000
    0.35 AC lot
    View details
    9460 Terry St
    VACANT COMMERCIAL LAND

    9460 Terry St, Lake, MI 48632-9501

    Estimated value: by Request
    0.80 AC lot
    View details
    9482 Terry St
    COMMERCIAL (GENERAL)

    9482 Terry St, Lake, MI 48632-9501

    Estimated value:
    $255,000
    0.40 AC lot
    View details
    9348 Terry St
    COMMERCIAL (GENERAL)

    9348 Terry St, Lake, MI 48632-9501

    Estimated value:
    $205,000
    View details
    9416 Terry St
    COMMERCIAL (GENERAL)

    9416 Terry St, Lake, MI 48632

    Estimated value:
    $250,000
    0.40 AC lot
    View details
    8026 Stevenson Lk Rd
    COMMERCIAL (GENERAL)

    8026 Stevenson Lk Rd, Lake, MI 48632-9637

    Estimated value:
    $220,000
    View details
    10500 Shr Dr
    COMMERCIAL (GENERAL)

    10500 Shr Dr, Lake, MI 48632-9055

    Estimated value:
    $265,000
    1.46 AC lot
    View details
    9484 School St
    COMMERCIAL (GENERAL)

    9484 School St, Lake, MI 48632-9503

    Estimated value:
    $225,000
    2.24 AC lot
    View details
    9300 School St
    COMMERCIAL (GENERAL)

    9300 School St, Lake, MI 48632-9503

    Estimated value:
    $260,000
    0.33 AC lot
    View details
    10195 Partridge Ave
    COMMERCIAL (GENERAL)

    10195 Partridge Ave, Lake, MI 48632-9003

    Estimated value:
    $255,000
    4.43 AC lot
    View details
    8681 Partridge Ave
    COMMERCIAL (GENERAL)

    8681 Partridge Ave, Lake, MI 48632-9566

    Estimated value: by Request
    60.77 AC lot
    View details
    110 Park St
    COMMERCIAL (GENERAL)

    110 Park St, Lake, MI 48632-9139

    Estimated value:
    $255,000
    0.21 AC lot
    View details

    Lake, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Lake, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 3,164 square feet of properties for sale, with an estimated market value of $847,700.

    Sale prices for business properties in Lake, MI start at $42,900, averaging $169,540, and reaching up to $644,900 — 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 4,995
    Population Growth (5Y) -4.8%
    Median Household Income $51,740
    College Educated 18.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48632 $170.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.50%
    Tax Rate vs County Average 0.85 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clare County

    New Delisted

    Total CRE Inventory on Market (SF)

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