115 W John Street

Lake Township, MI 49601

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!

Listing courtesy of Coldwell Banker Schmidt-Cadillac: (231) 920-3264



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