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

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    Mc Bain, MI Cadillac, MI Manton, MI
    8 results
    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
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    Lake City Restaurant/Bar Opportunity
    $470,000
    2,500 SF

    Lake City Restaurant/Bar Opportunity

    113 Main Street, Lake City, MI 49651

    Turnkey restaurant and bar near Lake Missaukee, ready for immediate use.

    • Prime location steps from Lake Missaukee, an 1,800‑acre all‑sports lake.
    • Turnkey restaurant/bar business opportunity with complete equipment inventory.
    • Fully equipped 2,500 sq. ft. building with state‑of‑the‑art commercial kitchen and full bar.
    • Includes three lots with lake views and easy access by foot, car, or boat.
    • Located in the heart of Lake City, surrounded by year‑round tourism and community events.
    Updated: Jun 17, 2025
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    Established Restaurant Opportunity in Lake
    $129,900
    510 SF

    Established Restaurant Opportunity in Lake

    Turnkey restaurant for sale in a visible location.

    81 N Morey Road, Lake City, MI 49651
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    Retail Building in High-Traffic Area
    $275,000
    10,000 SF

    Retail Building in High-Traffic Area

    10,000 sq ft retail building with long-term leases.

    1968 S Morey Road, 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
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    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
    View details
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 8 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.

    Retail Center in Cadillac, MI
    $2,484,000
    21,000 SF

    Retail Center in Cadillac, MI

    Fully leased retail center with high traffic location and income potential.

    8826 E 34 Rd, Cadillac, MI 49601
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    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
    High-Visibility Commercial Land in McBain
    $229,900
    25,884 SF

    High-Visibility Commercial Land in McBain

    Prime commercial land with high visibility and development potential.

    Mc Bain, MI 49657
    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
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    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
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    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
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    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
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    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

    1991 Morey Rd

    Mixed-use properties • 2,151 SF
    Value Estimation by Request
    1991 Morey Rd, Lake City, MI 49651
    View details

    Lake City, MI Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 9 retail properties & spaces for sale in Lake City, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 20,964 square feet of properties for sale, with an estimated market value of $2,264,800.

    Sale prices for stores in Lake City, MI start at $129,900, averaging $452,960, 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Lake City.

    Top Commercial Asset Segments

    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 Strategic Investment

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

    Neighborhood Average Price
    49651 $395.6K

    Taxes & Financing

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

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