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Key Facts

Type 
Levels Business Opportunity
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 118
Approx. Age 1950
MLS® Number 78080055019

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime Boutique Hotel Development Opportunity â€" Missaukee County, MI A rare waterfront development opportunity in the heart of Lake City, Michigan! This city-owned property offers 80 feet of frontage 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. Additionally, the city has plans for a new marina with both transient and seasonal boat slips, enhancing the area's appeal for visitors and residents alike. The city is actively seeking the right development partner to bring a boutique hotel or mixed-use project to life, creating a destination that complements the community’s vision for growth. 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. Price is negotiableâ€"let’s discuss the possibilities!Show Description
MLS® Number78080055019
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump, Natural Gas
A/CHeat Pump
Heating Fuel

Extras

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