- For Sale Subject To Offer
- Property Type Other
- Property Size 5,504 SF
- Lot Size 2.3 Acre
- Parking Spaces Avail. 5
- Year Built 1950
- Date Updated Mar 13, 2026
Description
Waterfront on Missaukee Lake, an 18,800-acre all-sports lake, and directly borders Central Park, which is set to receive a $900,000 state-funded renovation. With access to all public utilities and a strategic location near Traverse City and Cadillac, this site presents a one-of-a-kind investment opportunity in a rapidly developing market.The premier boutique hotel development site in Missaukee County, Michigan. The Lake City owned property has 80 ft of waterfront on Missaukee Lake, a 18,800 acre recreational lake and borders Central Park. The City has recently received a $900,000 grant from the State to improve the Park (a detailed plan is included in offering memorandum). The City also has plans to construct a Marina for transient and seasonal boat slips adjacent to the Park. The City is looking for the optimal development partner to transform Lake City!
Highlights
- Access to all public available utilities, gas, electric and inter net
- City has plans to improve the park and build a marina
- Conveniently placed between US-131 and US-127
- Ideal for boutique hotel or mixed-use
- Proximity to Traverse City, Cadillac and Houghton Lake
- Substantial public parking adjacent to property
- Waterfront on Missaukee Lake
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Contacts
Daniella Bell
Schmidt Realtors
Location
Contact Listing Broker
Daniella Bell
Schmidt Realtors
