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406 Houghton Street N, Lake City, MI 49651

$325,000
  • 406 Houghton Street N, Lake City, MI 49651 Main Photo

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New to the Market Active
MLS#1948341
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMI

Property Description

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.

406 Houghton Street N | MLS# 1948341

This commercial property located at 406 Houghton Street N, Lake City, MI 49651 is currently listed for sale with an asking price of $325,000. Search Lake City real estate on www.therealtycouple.com today.

Property Features

Property Type: Commercial - Business
Basement: Slab
Lot Size: 1.03 Acres
Roof Type: Asphalt
Year Built: 2017

Feature Descriptions

Business Included: Yes
Business Name: Lake City Miniature Golf
Construction: Frame
Days on Site: 3
Exterior: Vinyl
Lot Dimensions: 200 x 225
Parking: Parking Lot
Present Use: Golf Course
Real Estate Included: Yes
Road: Public Maintained, Blacktop
Sewer: Municipal
Water: Municipal Water
Waterfront Type: No

Listed By / Shown By

Listed By

Agency Name: City2Shore Real Estate Northern Michigan
Agency Phone: 231-839-0077

Shown By

Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty

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