The median home value in Lake City, MI is $230,000.
This is
lower than
the county median home value of $738,229.
The national median home value is $308,980.
The average price of homes sold in Lake City, MI is $230,000.
Approximately 43% of Lake City homes are owned,
compared to 16% rented, while
40% are vacant.
Lake City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Lake City real estate agent to arrange a tour today!
Learn more about Lake City.
Many possible uses or opportunities for the next owner of this property. Situated on 15 acres adjacent to state land is a 32 x 96 insulated building currently equipped for a fully automated cannabis cultivation operation. All lights and equipment needed for a turnkey operation included at this price. Seller would consider removing all the equipment and selling for a lesser price to be negotiated. Building has a large paved driveway and parking pad out front, 400 amp power service , 2 5 ton heating/cooling units, well, septic and newer hot water heater are just a few more perks of this building and property. Much more could be said about the potential or possible uses for the building.
Many possible uses or opportunities for the next owner of this property. Situated on 15 acres adjacent to state land is a 32 x 96 insulated building currently equipped for a fully automated cannabis cultivation operation. All lights and equipment needed for a turnkey operation included at this price. Seller would consider removing all the equipment and selling for a lesser price to be negotiated. Building has a large paved driveway and parking pad out front, 400 amp power service , 2 5 ton heating/cooling units, well, septic and newer hot water heater are just a few more perks of this building and property. Much more could be said about the potential or possible uses for the building.
Welcome to a once-in-a-lifetime opportunity in the heart of Lake City, Michigan, where your dream of owning a unique and captivating property comes true! Nestled in a charming and picturesque setting, this property offers not just a mini golf course but a chance to transform it into a thriving campground. With its prime location near the lake and downtown area, this property is a rare gem waiting for the right visionary to make it shine. Imagine owning your very own mini golf course that promises endless fun and entertainment for visitors of all ages. This well-maintained, 18-hole mini golf course boasts whimsical landscaping, challenging obstacles, and a delightful atmosphere. It's the perfect destination for family outings, birthday parties, corporate events, and more. Embrace the beauty of Lake City, as this property is just a stone's throw away from the stunning Lake Missaukee. Whether you're into boating, fishing, or simply enjoying serene waterfront views, the lake offers it all. Experience the charm of Lake City's downtown area, which is within walking distance from this property. Explore quaint shops, dine at local restaurants, and immerse yourself in the friendly small-town atmosphere. The possibilities are endless! With the option to transform the mini golf course into a campground, you have the opportunity to tap into a lucrative market. Lake City is a popular destination for outdoor enthusiasts, and your campground could cater to campers, RV travelers, and nature lovers. Investment Potential: This property offers an excellent investment opportunity. Capitalize on Lake City's popularity as a tourist destination and create a business venture that's both profitable and enjoyable. Infrastructure: The property may already have essential infrastructure in place, such as utilities and parking facilities, reducing the cost and effort of development. Video: https://vimeo.com/859946345?share=copy
Many possible uses or opportunities for the next owner of this property. Situated on 15 acres adjacent to state land is a 32 x 96 Pole Building with over 3000 total square feet. Building is fully insulated has a large paved driveway and parking pad out front, half bath, 400 amp power service , 2 large 5 ton heating/cooling units, well, septic and newer hot water heater. Immediate Possession.
Prime Location on High-Traffic M-66 in Lake City, Michigan Are you passionate about the culinary arts or dream of owning your own business? This turn-key opportunity, nestled in the heart of Lake City, offers an ideal setting. Located along the bustling M-66 thoroughfare, where over 10,000 vehicles pass daily, this property holds immense potential. Formerly home to the successful Rustic Hog, which has since moved nearby, this spot is ripe for a thriving venture, be it a hot dog stand or another concept catering to the burgeoning Lake City community. Investors seeking a piece of this promising location are also welcome. If you're interested in purchasing the lot separately from the food trailer, please reach out to the listing agent for pricing details. Please note that the sale does not include any smokers, and a non-compete agreement will be required upon closing. Don't miss out on this exceptional business opportunity in a prime Lake City location!
Chance of a lifetime for someone desiring to own and operate a successful restaurant business that has been in operating for almost 20 years under current owner. The business is open and in operation currently. Owner is still working but is at retirement stage, is the only reason for the sale. Current hours of operation are Wed- Sun 11-8.(was open 6 days per week in 2021) Company employs 5 people currently between cooks, prep cooks, and wait staff. Sale includes all real estate, shed, business, phone number, all equipment and inventory. Well maintained business with updated equipment, ventilation system, new roof in 2022.