Waterfront

Lake City, MI Waterfront Land for Sale

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Cadillac, MI Manton, MI Mc Bain, MI Saginaw, MI Fife Lake, MI Merritt, MI Tustin, MI Mesick, MI
Lakefront Buildable Lot with Utilities
Updated: Apr 12
Lakefront Buildable Lot with Utilities

8355 W Sapphire lot: 107, Lake City, MI 49651

$175,000
0.11 AC lot
Buildable lake lot on Lake Sapphire with lakefront beach access
Seasonal view and sweeping, unobstructed water views
Parcel is perched atop a scenic bluff
Significant groundwork completed: poles wired with 150‑amp electric service
Septic lead is in place for utility hookup/installation planning
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Waterfront Restaurant With Patio
Updated: Jul 24
Waterfront Restaurant With Patio

113 S Main Street, Lake City, MI 49651

$499,900
2,461 sqft
2,461‑square‑foot restaurant and bar built in 1998
Sale includes commercial kitchen equipment, fixtures, and furnishings
Outdoor patio and bar provide additional seasonal service space
Located on three city lots at 113 S Main Street
Views of Lake Missaukee, an 1,880‑acre all‑sports lake
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Waterfront Land with Lake Views
Waterfront Land with Lake Views

9440 W Oak Dr, Lake City, MI 49651

$99,900
1.32 AC lot

Residentially zoned waterfront parcel with an elevated building site overlooking Crooked Lake and electric at the property line.

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Land
Land

Lake City, MI 49651

$175,000

Waterfront Land

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Wooded Hunting Land with Easement
Wooded Hunting Land with Easement

V/L S 35 Road, Cadillac, MI 49601

$239,900
50.46 AC lot

Over 50 wooded acres in Wexford County with a conservation easement and an allowed building site for your next getaway.

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Waterfront Hunting Camp Land Parcel
Waterfront Hunting Camp Land Parcel

Parc 7 & 8 Lund Road SW, Fife Lake, MI 49633

$194,000
29.70 AC lot

Two adjoining waterfront parcels on Spring Creek with cleared areas and storage trailers for hunting and weekend retreat use.

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Waterfront Hunting Camp Land
Waterfront Hunting Camp Land

Lund Road, SW, Fife Lake, MI 49633

$194,000
29.70 AC lot

Hunting land with creek frontage, two parcels, and on-site storage structures for up-north retreats.

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Commercial Land with Highway Access
Commercial Land with Highway Access

E 34 Road, Cadillac, MI 49601

$599,900
240.00 AC lot

Large tract with river frontage, US-131 exposure, and multiple current zoning and master-plan designations.

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Lake City, MI Waterfront Land Market Trends and Statistics

Explore 4 waterfront land for sale in Lake City, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 64,752 square feet of properties for sale, with an estimated market value of $949,800.

Sale prices for water rights properties in Lake City, MI start at $99,900, averaging $237,450, and reaching up to $499,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 15
Hunting land 8
Recreation land 8
Commercial land 5
Waterfront Land 4

Demographics Overview

Population 7,540
Population Growth (5Y) -4.4%
Median Household Income $61,524
College Educated 26.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49651 $175K

Taxes & Financing

Tax Rate (average for all types) 3.24%
Property Tax per SF $98.07 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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