406 N Houghton Lake Road Lake City, MI $ 379,000
406 N Houghton Lake Road
$ 379,000
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406 N Houghton Lake Road

Lake City, MI, 49651
$ 379,000
Baths0.0 Sq 500

Monthly Estimate*

$ 2,647

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Studio

Commercial Property for sale in Lake City, MI

for $379,000. This 500 square foot building was built in 2017 on a lot size of 1.03.

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

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Commercial Active

Price

$ 379,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

1.03

Year Built

2017

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

80014842

Features
General
Heating None
Cooling None
Possession At Close
Roof Asphalt
Water Public Water
Status Active Active
Year Built 2017
Parking Parking Lot
Subdivision N/A
County Missaukee
Class COM/IND/BUS OPP
Type Business
Business Name LCMG LLC
Percent Ownership Private
Municipality Reeder Twp
Section 6
Zoning Commercial
Area Reeder Twp (57012)
Location Corner Lot
Directions Driving from Lake City in the Direction of Houghton Lake. If you were to start from the light where McDonalds is located. You will go past the school and rogers grocery store. The location is next to
City Lake City
Street Name Houghton Lake
Financial Terms Cash Commercial Loan
Legal Description SEC 6 T22N R7W COMM AT N 1/4 COR SEC 6 TH W ALG SEC LINE 966 FT S 0 DEG 22'34 W 62.28 FT TO POB TH S 0 DEG 22'34 W 225 FT
DOM 63
Price Per Sq Ft 758
Coming Soon 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
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Exterior
Exterior Frame Vinyl Siding
Lot Size Area 1.03
Lot Dimensions 200x225
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* Excluded Features
List By
Justin Lewis

Listing Agent

Five Star Real Estate - Mitchell St Cadillac

Broker

justinlewisrealestate@gmail.com

Email

Affordability Calculator

$2,647
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,647
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2024$379,000 Listed Price

Map


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406 N Houghton Lake Road, Lake City, MI, 49651 is a Commercial Property for sale at $379,000 with 500 sqft and a lot size of 1.03. 406 N Houghton Lake Road is a studio with 0.0 baths and was built in 2017. The property's zip code is 49651 which is in Lake City, MI