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    Lake City, MI
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    Lake City, MI Retail Properties & Spaces for Sale

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    Cadillac, MI Mc Bain, MI Manton, MI
    6 listings
    Retail Building in High-Traffic Area
    $275,000
    10,000 SF
    Retail Building in High-Traffic Area

    1968 S Morey Road, Lake City, MI 49651

    10,000 sq ft retail building with long-term leases.
    • High‑traffic location: Approximately 10,000 vehicles passing daily.
    • 10,000 sq ft retail building with long‑term leases in place.
    • Two separate leased spaces (approx. 6,000 sq ft and 4,000 sq ft) with separate entrances.
    • Updated roof and LED lighting.
    • New furnace system in one of the leased spaces.
    Updated: Aug 13, 2025
    View details
    Lake City Car Wash Business
    $300,000
    0.24 Acres
    Lake City Car Wash Business

    991 S Lakeshore Drive, Lake City, MI 49651

    Self-serve car wash business with real property and assets.
    • New Gin‑San 'SES' Carwash system fully installed in 2025 (valued at $48,000 per bay).
    • Remote operation capabilities with Nyax system for coin and card tracking, and real‑time monitoring.
    • Unique 3rd bay designed for boats, RVs, Side by Sides and ORVs.
    • Includes business, assets, and real property (LLC name, web domain, Google Business Account, etc.).
    • High traffic location between US 131 and US 75.
    Updated: Mar 5
    View details
    Lakefront Motel & Gift Shop
    $1,100,000
    6,554 SF
    Lakefront Motel & Gift Shop

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

    214 Main Street, Lake City, MI 49651

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    Established Restaurant Business Opportunity
    $289,900
    1,400 SF
    Established Restaurant Business Opportunity

    Operating restaurant for sale with real estate, equipment, and inventory.

    137 N Front Street, Lake City, MI 49651

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    Lake City Car Wash Business
    $300,000
    Lake City Car Wash Business

    Self-serve car wash with high traffic and updated technology.

    991 S Lakeshore Dr, Lake City, MI 49651

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    Lake City Car Wash Business
    $300,000
    Lake City Car Wash Business

    Self-serve car wash with updated technology and remote operation.

    991 South Lakeshore Drive, Lake City, MI 49651

    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Bowling Alley and Mixed-Use Building
    $275,000
    8,411 SF
    Bowling Alley and Mixed-Use Building

    Two connected buildings total 8,000+ SF with bowling alley space plus adaptable residential and commercial unit options.

    304 W Main Street, Manton, MI 49663

    View details
    Historic Manton Mixed-Use Redevelopment Opportunity
    $325,000
    Historic Manton Mixed-Use Redevelopment Opportunity

    Unique commercial property with redevelopment potential in downtown Manton.

    304 W Main St, Manton, MI 49663

    View details
    Retail Development Opportunity Near Retailers
    Contact for pricing
    Retail Development Opportunity Near Retailers

    New commercial development site near major retailers and high-traffic area.

    8998 E 34 Road |, Cadillac, MI 49601

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    Commercial Development Site Near Retail
    Contact for pricing
    Commercial Development Site Near Retail

    Development site near major retailers with permitted commercial uses.

    8998 E 34 Road |, Cadillac, MI 49601

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Ready For Development
    $200,000
    2.50 Acres
    Commercial Land Ready For Development

    2.5 acre commercial lot ready for development in Cadillac.

    Vacant Lot Plett Road, Cadillac, MI 49601

    View details
    Commercial Land in Cadillac, MI
    $85,000
    0.70 Acres
    Commercial Land in Cadillac, MI

    Cleared, level corner lot ready for development in Cadillac, Michigan.

    Parcel A Plett Road, Cadillac, MI 49601

    View details
    Commercial Land in Cadillac, MI
    $75,000
    1.10 Acres
    Commercial Land in Cadillac, MI

    Cleared, level lot ready for development in high-traffic area.

    Parcel C Plett Road, Cadillac, MI 49601

    View details
    Commercial Lot Ready for Development
    $55,000
    0.70 Acres
    Commercial Lot Ready for Development

    Cleared, level commercial lot in high-traffic Cadillac location.

    Parcel B Plett Road, Cadillac, MI 49601

    View details

    Off-Market Properties in Lake City, MI

    Consider similar Off-Market properties in Lake City, 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.

    1991 Morey Rd
    Mixed-use properties
    2,151 SF Lot: 0.36 Acres
    Value Estimation by Request

    1991 Morey Rd, Lake City, MI 49651

    View details

    Lake City, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 7 retail properties & spaces for sale in Lake City, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 17,954 square feet of properties for sale, with an estimated market value of $1,664,900.

    Sale prices for stores in Lake City, MI start at $275,000, averaging $554,966, and reaching up to $1,100,000 — 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

    Automotive properties 3
    Car washes 3
    Self service car washes 3
    Storefront properties 1

    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 $427.5K

    Taxes & Financing

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

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