406 N Houghton St

Reeder Twp, MI 49651
  • $325,000

    Price
  • 1.03

    Acre

About the Listing 78000000062027 - 78000000453605

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.

Listing Highlights

Status Active
Days on Site 66
Property Type Commercial Sale
MLS ® 78080071394
Year Built 2017
Lot/Acreage 1.03
County Missaukee
Neighborhood None
School District Lake City

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: No Heat
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 500
  • Basement: Slab
  • Other: No Heat
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 200 x 225
  • Zoning: Commercial
  • Roof: Asphalt
  • Others: Frame,Vinyl
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $3,522
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05112002900
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

406 N Houghton St Reeder Twp, MI 49651

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Originating MLS: Aspire North REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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