$450,000
MLS# 26011115
1 / 23
Property Description
**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'...)
Details
Location Property Info
County: Missaukee
State: MI
Zip Code: 49651
OfficeContract Info
Status: Active
Current Price: $450,000
List Price: $450,000
Listing Date: 2025-12-21
General Property Info
Property Sub-Type: Commercial Land
Lot Measurement: Acres
Lot Square Footage: 31363
Lot Acres: 0.72
Lot Dimensions: 158x147x158x160
Road Frontage: 158
Waterfront: No
School District: Lake City
Tax Info
Taxable Value: 83139
SEV: 105700
For Tax Year: 2025
Seller's Annual Property Tax: 4381
Tax Year: 2024
Spec Assessment & Type: N/A
Zoning: Commercial
Remarks Misc
Directions: North of Downtown Lake City at the traffic light, corner of M66 & M55Frontage on Main St, Park St and Front St.
Waterfront Options
Water Access Y/N: No
Property Features
Current Use: Commercial
Lot Description: Buildable; Cleared; Corner Lot; Level
Street Type: Paved; Public
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Utilities Attached: None
Sewer: None
Water: None
Terms Available: Cash; Conventional; Other
Mineral Rights: Unknown
Sale Conditions: None
Docs at List Office: Other
Possession: Close Of Escrow
Supplements
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.
Listing Office: Cb Schmidt - Cadillac
Listing Agent: Daniella Bell
Last Updated: March - 21 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.