991 S Lakeshore Drive Lake City, MI ^$ 300,000

991 S Lakeshore Drive

^$ 300,000

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Recently Listed

991 S Lakeshore Drive

Lake City, MI, 49651

^$ 300,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 1,847

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Commercial Property for sale in Lake City, MI

for $300,000. This building was built in 1995 on a lot size of 0.24.

High traffic location Ideal for owner/operator Cash flow potential Recently Upgraded Priced to sell Potential appreciation value

Commercial Active

Price

^$ 300,000

Property Type

Commercial

Taxes

^$ 2,418

Style

Retail

Lot Size

0.24

Year Built

1995

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

26008303

Features

General

Heating Radiant

Utilities Electricity Available Electricity Connected

Possession Close Of Escrow

Year Built 1995

Township Lake City

Property Subtype Retail

Tax Year 2025

Business Type Other

County Missaukee

New Construction N

Property Type Commercial Sale

Full Baths 0

Status Active

Directions W Beeler Rd to M-66 south to address

City Lake City

High School District Lake City

Number Of Units Total 1

Lot Size Units Acres

Lot Size Square Feet 10454.0

Listing Terms Conventional Contract Cash

Land Lease Y/N N

Tax Annual Amount 2418.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 48800

Legal Description SEC 7 T22N R7W PCL 051-353-008-41 OF THE SURVEY RECORDED IN BOOK OF SURVEYS

Senior Community None

Exterior

Inclusions Real Estate Equipment

Lot Size Area 0.24

Number of Buildings 1

Spa N

Building Area Total 0.0

Lot Dimensions 48 x 217

Lot Size Acres 0.24

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 991

* Excluded Features

List By

Keller Williams Realty Rivertown

Broker

bransco@aol.com

Affordability Calculator

$2,049

Per Month

Monthly Principal & Interest: $1,847
Monthly Property Taxes: $202
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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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Nearby

Trends
Schools

Commerical listings in Lake City, MI

Average List Price ^$337,019

Percent of Sale Price 12%

About Lake City, MI

7,595 Population

3% Since 2002

^$40,822 Median Income

44.77 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

250584 Elementary School

250644 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/5/2026	$300,000		Listed Price

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991 S Lakeshore Drive, Lake City, MI, 49651 is a Commercial Property for sale at $300,000 with a lot size of 0.24. 991 S Lakeshore Drive was built in 1995. The property's zip code is 49651 which is in Lake City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 3/9/2026.

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991 S Lakeshore Drive

Commercial Property for sale in Lake City, MI

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