High-Traffic Corner Commercial
For Sale
$450,000
Lake City, MI 49651, Lake City, MI 49651
COMMERCIAL - Lake City, MI
Property SizeContact for details
Lot Size0.72 Acres
Days on Market242
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Lot features
Level, Buildable, Cleared, Corner Lot
Elementary school district
Lake City
Middle school district
Lake City
High school district
Lake City
Directions
North of Downtown Lake City at the traffic light, corner of M66 & M55Frontage on Main St, Park St and Front St.
Standard status
Active
Lot size
0.72 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 4, 5 & 6 BLK 17 D REEDER'S FOURTH ADD.
Tax Annual Amount
4381
Legal Description
LOTS 4, 5 & 6 BLK 17 D REEDER'S FOURTH ADD.
Utilities
Utilities
Cable Available
Listing Agency:
Cb Schmidt - Cadillac
(231) 775-1737
Listed By:
Daniella M Bell · License #6506038329
(231) 920-3264
Added: Dec 21, 2025
Changed: Aug 4
Last Checked: Aug 20 at 10:06PM
MLS# 26011115
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial real estate opportunity is located at the intersection of M-66 and M-55 in Lake City. The property is a large, level corner lot with frontage on Main Street, Park Street, and Front Street. City services are available. Situated near a busy traffic light on the town's main thoroughfare, the site benefits from high vehicle traffic. Access is facilitated by paved, county-maintained roads. The property is suitable for development of office space, health services, or retail ventures. This property is positioned in a growing area.
Key Highlights
- 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.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 49651, MI
7,881
Population
4,968
Households
1.6
Avg Household Size
46
Median Age
19%
College-Educated
92%
High-School Grad
235.5 sq mi
ZIP Area
33
Density / Sq Mi
$61,524
Median Household Income
$35,896
Median Earnings
$879
Median Rent
$165,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial land at M-66 and M-55 intersection in Lake City.
Where is this commercial land located?
The property is located at Lake City, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 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.
