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214 Main St Lake City, MI 49651

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For Sale
$1,100,000

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

Property size:
6,554 SF
Lot size:
0.50 Acres

Property Features for 214 Main St

General Information

Standard status
Active
Size
6,554 SF
Lot size
0.50 Acres

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Listing Contact
Ruth Anne Clemens
Ruth Anne Clemens
Source: Exitrealty

Listing Agency: CB Schmidt Houghton Lake Listing Agent: Ruth Anne Clemens

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Lakefront Motel & Gift Shop

The Lake View Motel & Gift Shop presents an investment opportunity on the shores of Lake Missaukee. Family owned and operated for 40 years, this property features 178.5 feet of lakefront, a paved boat ramp, and a gas pump. The motel includes 11 units, each maintained and decorated, with lake views. A gift shop offers additional revenue streams and enhances the guest experience. The owner/manager's apartment is a two-bedroom, two-bath residence. The property is adjacent to Miltner Park and Public Beach, and across the street from Veterans Memorial Park, the public library, tennis, pickleball and basketball courts. The motel, gift shop, and boat fueling station generate three revenue streams. The two-story motel with seven units was built in 2011; four units attached to the main building were built in 2009; the owners/manager's living area was built in 1987 and the store was updated in appx 2014. The property size is 6554 square feet.
Location Intelligence

Current Use by Public Records

Motels

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Lakeview Motel & Gift Shop, Hidden Haven Cottages, Lake City Landings

Location Insight

  • Map
  • Local Demand
City
Lake City
County
Missaukee
State
Michigan
Longitude
-85.214801
Latitude
44.336203

FAQs

What type of property is this?
Motel - Lakefront motel, gift shop, and gas on Lake Missaukee.
Where is this motel located?
The property is located at 214 Main St Lake City, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Prime lakefront location on Lake Missaukee with **178.5 feet of frontage, paved boat ramp, and gas pump**; - Three revenue streams: motel (11 units), gift shop, and boat fueling station; - Only resort and gas station on Lake Missaukee
More about this property
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