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

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    Pizza Restaurant with Commercial Equipment
    Updated: Feb 13
    Pizza Restaurant with Commercial Equipment

    81 N Morey Road, Lake City, MI 49651

    $119,900
    510 sqft 0.01 AC lot
    510 SF restaurant building constructed in 1950
    Two‑door natural gas pizza oven included
    10x10 walk‑in cooler included
    Three‑shelf convection oven and commercial‑grade mixer included
    Two stand‑up freezers and one pop cooler included
    View details
    Lake City Car Wash Business
    Updated: Mar 5
    Lake City Car Wash Business

    991 S Lakeshore Drive, Lake City, MI 49651

    $300,000
    0.24 AC lot
    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.
    View details
    Established Restaurant Business For Sale
    Established Restaurant Business For Sale

    137 N Front St, Lake City, MI 49651

    $289,900
    0.25 AC lot

    Operating restaurant with real estate, equipment, and inventory included.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Lake City Car Wash Business
    Lake City Car Wash Business

    991 S Lakeshore Dr, Lake City, MI 49651

    $300,000

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

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 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 Investment Opportunity
    Retail Investment Opportunity

    107 E. Seventh, Manton, MI 49663

    Contact for pricing
    9,100 sqft

    Retail property offered for sale with a stated 6.60% cap rate and 9,100 SF total size.

    View details
    Flex Building with Warehouse Support
    Flex Building with Warehouse Support

    Mc Bain, MI 49657

    Contact for pricing
    13,256 sqft 1.09 AC lot

    Flex retail/office front includes A/C and offices, supported by a warehouse with multiple loading doors and 18' ceilings.

    View details
    Retail Development Opportunity Near Retailers
    Retail Development Opportunity Near Retailers

    8998 E 34 Road |, Cadillac, MI 49601

    Contact for pricing

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

    View details
    Commercial Development Site Near Retail
    Commercial Development Site Near Retail

    8998 E 34 Road |, Cadillac, MI 49601

    Contact for pricing

    Development site near major retailers with permitted commercial uses.

    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 Parcel in Manton, Michigan
    Commercial Parcel in Manton, Michigan

    10103 E M 42, Manton, MI 49663

    Contact for pricing
    5.00 AC lot

    5-acre commercial parcel with high visibility and traffic counts.

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    Cleared Development Land Parcel
    Cleared Development Land Parcel

    Vacant Lot Plett Road, Cadillac, MI 49601

    $200,000
    2.50 AC lot

    A cleared, level 2.5-acre site with high traffic exposure on Plett Road, offered as three separate parcels.

    View details
    Cleared Level Commercial Land
    Cleared Level Commercial Land

    Parcel C Plett Road, Cadillac, MI 49601

    $75,000
    1.10 AC lot

    Cleared, level site on Plett Road with standalone or assemblage flexibility.

    View details
    Cleared Commercial Development Lot
    Cleared Commercial Development Lot

    Parcel B Plett Road, Cadillac, MI 49601

    $55,000
    0.70 AC lot

    Cleared, level parcel on Plett Road, ready for development or combination with adjacent parcels.

    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

    1991 Morey Rd, Lake City, MI 49651

    Value Estimation by Request
    2,151 sqft 0.36 AC lot
    View details

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

    Explore 5 retail properties & spaces for sale in Lake City, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 510 square feet of properties for sale, with an estimated market value of $1,009,800.

    Sale prices for stores in Lake City, MI start at $119,900, averaging $252,450, and reaching up to $300,000 — 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 2
    Car washes 2
    Self service car washes 2
    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 $497.5K

    Taxes & Financing

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

    Total CRE Inventory on Market (SF)

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