115 W John St Lake City, MI 49651
Prime land for boutique hotel or mixed-use development on lake.
Property size:
5,504 SFLot size:
2.30 AcresProperty Features for 115 W John St
General Information
- Size
- 5,504 SF
- Lot size
- 2.30 Acres
Building Details
- Year built
- 1950
Source:
Cbcworldwide
Listing Agent: Daniella Bell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Waterfront Boutique Hotel Development Opportunity
This city-owned property presents a waterfront development opportunity in Lake City, Michigan. The site offers 80 feet of frontage on Missaukee Lake, an 18,800-acre all-sports lake. The property directly borders Central Park, which is set to receive a $900,000 state-funded renovation. The city has plans for a new marina with both transient and seasonal boat slips. The city is seeking a development partner to create a boutique hotel or mixed-use project. The property is 2.3 acres (5504 sq ft). All public utilities are accessible. The location is near Traverse City and Cadillac. The site is intended for a boutique hotel or mixed-use project. Potential business uses include a boutique hotel.
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Lake City
- County
- Missaukee
- State
- Michigan
- Longitude
- -85.213644
- Latitude
- 44.334355
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FAQs
What type of property is this?
Hotel - Prime land for boutique hotel or mixed-use development on lake.
Where is this hotel located?
The property is located at 115 W John St Lake City, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: - Prime waterfront development opportunity with **80 feet of frontage on Missaukee Lake**.; - Borders Central Park, slated for a **$900,000 state-funded renovation**.; - City plans for a new marina with transient and seasonal boat slips.