406 N Houghton Street Lake City, MI $ 325,000
406 N Houghton Street
$ 325,000
Recently Listed
Share Save

406 N Houghton Street

Lake City, MI, 49651
$ 325,000
Bedrooms-- Baths-- Sq 500

Monthly Estimate*

$ 2,052

406 N Houghton Street, Lake City, MI 49651 - Image 1
406 N Houghton Street, Lake City, MI 49651 - Image 2
406 N Houghton Street, Lake City, MI 49651 - Image 3
406 N Houghton Street, Lake City, MI 49651 - Image 4
406 N Houghton Street, Lake City, MI 49651 - Image 5
406 N Houghton Street, Lake City, MI 49651 - Image 6
406 N Houghton Street, Lake City, MI 49651 - Image 7
406 N Houghton Street, Lake City, MI 49651 - Image 8
406 N Houghton Street, Lake City, MI 49651 - Image 9
406 N Houghton Street, Lake City, MI 49651 - Image 10
406 N Houghton Street, Lake City, MI 49651 - Image 11
406 N Houghton Street, Lake City, MI 49651 - Image 12
406 N Houghton Street, Lake City, MI 49651 - Image 13
406 N Houghton Street, Lake City, MI 49651 - Image 14
406 N Houghton Street, Lake City, MI 49651 - Image 15
406 N Houghton Street, Lake City, MI 49651 - Image 16
406 N Houghton Street, Lake City, MI 49651 - Image 17
406 N Houghton Street, Lake City, MI 49651 - Image 18
406 N Houghton Street, Lake City, MI 49651 - Image 19
406 N Houghton Street, Lake City, MI 49651 - Image 20
406 N Houghton Street, Lake City, MI 49651 - Image 21
406 N Houghton Street, Lake City, MI 49651 - Image 22
406 N Houghton Street, Lake City, MI 49651 - Image 23
406 N Houghton Street, Lake City, MI 49651 - Image 24
406 N Houghton Street, Lake City, MI 49651 - Image 25
406 N Houghton Street, Lake City, MI 49651 - Image 26
406 N Houghton Street, Lake City, MI 49651 - Image 27
406 N Houghton Street, Lake City, MI 49651 - Image 28
406 N Houghton Street, Lake City, MI 49651 - Image 29
406 N Houghton Street, Lake City, MI 49651 - Image 30

Commercial Property for sale in Lake City, MI

for $325,000. This 500 square foot building was built in 2017 on a lot size of 1.03.

Prime Commercial Investment Opportunity in the Heart of Lake City! Whether you're searching for a highly visible commercial location to establish your own business or looking to continue operating a successful seasonal attraction, this property offers exceptional potential. Positioned just one block from Main Street and only three blocks from beautiful 1,880-acre all-sports Lake Missaukee, this commercially zoned property enjoys outstanding exposure along the busy M-55/M-66 corridor, with an estimated 10,000 to 20,000 vehicles passing daily. Its central location, adjacent to Lake City High School and within walking distance of downtown, the public beach, county park, and campground, makes it an ideal setting for a wide variety of commercial ventures. The property is already improved with ample parking, attractive landscaping, and support buildings, providing a strong foundation for future development or continued business operations. Currently operating as the Lake City Miniature Golf Course, the beautifully designed 18-hole course was built in 2018 and features lush perennial gardens, decorative shrubs, fountains, a winding river, a covered pavilion with picnic tables, and evening lighting that creates an inviting atmosphere for guests of all ages. Investors will appreciate the flexibility this property offers. Continue operating the established miniature golf course, reimagine the site for another commercial enterprise, or develop your own vision in one of Northern Michigan's most popular four-season recreational destinations. Opportunities to acquire a highly visible, commercially zoned property with existing infrastructure in such a prime location are rare. Seller has a recent appraisal on file exceeding the current listing price, presenting an exceptional value for the next owner.

See more

Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 3,522

Style

Business

Lot Size

1.03

Year Built

2017

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

80071394

Features
General
Heating None
Cooling None
Possession At Close
Roof Asphalt
Water Public Water
Status Active Active
Year Built 2017
Parking 6-10 Spaces 11-20 Spaces Parking Lot
Subdivision None MI
County Missaukee
Class COM/IND/BUS OPP
Type Business
Business Name Lake City Miniature Golf
Ownership Private
Municipality Reeder Twp
Section 6
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features ADA Accessible Bath Other
Area Reeder Twp (57012)
Primary City Lake City
Location Corner Lot
Directions From Lake City the property is located on the corner of 55 and Houghton Street by the Lake City High School.
City Lake City
Financial Terms Cash Commercial Loan Conventional
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 0
Postal Code 49651
Price Per Sq Ft Total AG 650
Public Remarks
See more
Exterior
Exterior Frame Vinyl Siding
Lot Size Area 1.03
Lot Dimensions 200 x 225
See more
* Excluded Features
List By
Tamara McLeod Helsel

Listing Agent

City2shore Real Estate Northern Michigan

Broker

tamara@city2shore.com

Email

Affordability Calculator

$2,346
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,052
Monthly Property Taxes
$294
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$325,000 Listed Price

Map


See all

406 N Houghton Street, Lake City, MI, 49651 is a Commercial Property for sale at $325,000 with 500 sqft and a lot size of 1.03. 406 N Houghton Street was built in 2017. The property's zip code is 49651 which is in Lake City, MI