Sports & Entertainment

Lake City, MI Sports & Entertainment Properties for Sale

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18-Hole Mini Golf Course Property
Updated: Jul 23
18-Hole Mini Golf Course Property

406 N Houghton Street, Lake City, MI 49651

$325,000
500 sqft 1.03 AC lot
18‑hole miniature golf course built in 2018, currently operating as the Lake City Miniature Golf Course
Commercially zoned property with exposure along the M‑55/M‑66 corridor (estimated 10,000 to 20,000 vehicles passing daily)
Location near Main Street (about one block) and Lake Missaukee (about three blocks to the 1,880‑acre all‑sports lake)
Site includes ample parking plus support buildings, with landscaping and multiple outdoor features for guest use
On‑site amenities include perennial gardens, decorative shrubs, fountains, a winding river, and evening lighting
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18-Hole Miniature Golf Course
Updated: Jul 23
18-Hole Miniature Golf Course

406 N Houghton St, Lake City, MI 49651

$325,000
500 sqft
Operating 18‑hole miniature golf course built in 2018
Commercially zoned property at 406 N Houghton St, Lake City, MI 49651
Exposure along the M‑55/M‑66 corridor with estimated traffic of 10,000 to 20,000 vehicles daily
Three blocks from 1,880‑acre Lake Missaukee
Covered pavilion with picnic tables, fountains, river feature, and evening lighting
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18-Hole Miniature Golf Course
18-Hole Miniature Golf Course

N 406 N Houghton Street Unit SourceFi, Lake City, MI 49651

$325,000
500 sqft

Well-designed 18-hole miniature golf course built in 2018 with ample parking and support buildings on a commercially zoned site.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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 with Two Connected Buildings
Bowling Alley with Two Connected Buildings

304 W Main Street, Manton, MI 49663

$275,000
8,411 sqft 0.28 AC lot

Brick bowling alley property with two connected buildings on three city lots in downtown Manton, ready for adaptive reuse.

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Mixed-Use Property With Two Buildings
Mixed-Use Property With Two Buildings

304 W Main Street, Manton, MI 49663

$275,000
8,411 sqft 0.28 AC lot

Two connected buildings offer existing residential space alongside open areas for additional mixed-use configuration.

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Mixed-Use Property with Miniature Golf
Mixed-Use Property with Miniature Golf

1391 W HOUGHTON LAKE DRIVE, Prudenville, MI 48651

$214,900

Commercial storefront space includes a separate apartment above for an owner or manager.

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Adventure Golf Course For Sale
Adventure Golf Course For Sale

1256 W West Branch Rd, Prudenville, MI 48651

Contact for pricing
1,500 sqft

Barrier-free adventure golf course with M-55 frontage.

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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.

Land Overlooking Redwood Golf Course
Land Overlooking Redwood Golf Course

.57 Acres N Markey Road, Roscommon, MI 48653

Contact for pricing

Large building site near South Higgins Lake State Park.

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Golf Course Building Site
Golf Course Building Site

Fairway Drive lot: 10, Roscommon, MI 48653

Contact for pricing

Building site with golf course views, close to town.

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Wooded Resort Homesite Land Parcel
Wooded Resort Homesite Land Parcel

207 Shadow Glen, Bellaire, MI 49615

Contact for pricing
0.75 AC lot

Build a private home on a wooded homesite with a perk test on file and key utilities available.

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Branch, MI Land with Privacy
Branch, MI Land with Privacy

10830 W 3 Mile Road, Branch, MI 49402

$180,000
40.00 AC lot

Rare 40 acres bordering public land, ideal for hunting.

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Lake City, MI Sports & Entertainment Properties Market Trends and Statistics

Explore 3 sports & entertainment properties for sale in Lake City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $975,000.

Sale prices for sports & entertainment properties in Lake City, MI average $325,000 — 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

Golf courses & driving ranges 3

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 $325K

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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