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500 sqft

$325,000

406 N Houghton Street, Lake City MI, 49651

Price per sqft$650.00
Built in2017
Property size500 sqft
Property typeCommercial

Overview

Active

Listed Jul 23, 2026

Updated Jul 28

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.

Additional information

MLS® ID
80071394

Interior Features

Basement
No

Exterior Features

Lot Size
1.03 Acres

Other Property Details

Taxes
$3,522
Tax Frequency
Annually
MLS provider logo

Listed by Tamara McLeod Helsel with City2Shore Real Estate Northern Michigan
Listing Contact: 231-920-6422 

Based on information originating from the MiRealSource as of 7/28/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 7/28/2026 at 3:51 AM UTC

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