Lots and Land: MLS #26011115 Lake City, MI $ 450,000
Lots and Land: MLS #26011115
$ 450,000
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Lots and Land: MLS #26011115

Lake City, MI, 49651
$ 450,000
Baths0.0

Monthly Estimate*

$ 2,771

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Studio

Lots and Land for sale in Lake City, MI

for $450,000. The lot size is 0.72.

**Prime Commercial Real Estate Opportunity - High-Traffic Corner Parcel in NW Michigan** Discover an exceptional development opportunity at the bustling intersection of M-66 and M-55 in Lake City. Located across from McDonald's and a busy gas station, this large, level corner lot boasts premium visibility and accessibility, with frontage on three streets and city services readily available. Near a busy traffic light and on the main town's thoroughfare, the site enjoys consistent exposure to high vehicle traffic, making it ideal for businesses seeking maximum visibility. Access is convenient and reliable with paved, county-maintained roads surrounding the property. The level terrain offers a blank slate for seamless development, perfectly suited for office space, health services, or retail ventures. Positioned in a growing area this property is a rare find for developers and investors looking to capitalize on a strategic location. **Highlights:** (See 'More'...) Location: Corner lot at M-66/M-55 intersection - Frontage: Main, Park & Front Street - Access: Paved, county-maintained roads -Utilities: City services available - Topography: Level, cleared - Potential Uses: Office, health services, retail, commercial Seize this opportunity to bring your vision to life in a highly visible and accessible location.

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Lots and Land Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,381

Style

Commercial Land

Lot Size

0.72

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

26011115

Features
General
Utilities Natural Gas Available Electricity Available Cable Available Phone Available None
Possession Close Of Escrow
Township Lake City
Property Subtype Commercial Land
Tax Year 2025
Current Use Commercial
Ownership Broker/Agent Owned
County Missaukee
Property Type Land
Status Active
Directions North of Downtown Lake City at the traffic light corner of M66 & M55Frontage on Main St Park St and Front St.
City Lake City
High School District Lake City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 31363.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4381.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://listings.mivirtualtours.com/sites/lklkopg/unbranded
Standard Status Active
Tax Assessed Value 83139
Legal Description LOTS 4 5 & 6 BLK 17 D REEDER'S FOURTH ADD.
Senior Community None
New Construction None
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Exterior
Lot Features Level Buildable Cleared Corner Lot
Lot Size Area 0.72
Spa N
Lot Dimensions 158x147x158x160
Lot Size Acres 0.72
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Cb Schmidt - Cadillac

Broker

daniella.bell@cbgreatlakes.com

Email

Affordability Calculator

$3,136
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$365
Monthly 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
250584 Elementary School
250644 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2026$450,000 Listed Price

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