Price Change /
MLS #78080056463 /
Commercial / Mixed Use /
Lake City
Listing information updated 11/3/2025 at 8:25am
Rare Mixed-Use Investment Opportunity on Lake MissaukeeAca'a"cs Pristine Waterfront Positioned on 60 feet of private shoreline along 1,880-acre all-sports Lake Missaukee, this versatile mixed-use commercial property offers the best of both worldsAca'"immediate income potential and long-term lifestyle value. The back of the building features a spacious three-bedroom, three-bath apartment, complete with a primary suite offering a large closet and private bath, two ample size guest bedrooms and guest full bath, a large laundry room with wash sink, and a four-season porch that delivers panoramic lake views all year round with private side entrance and parking. On the commercial side in the front of the building, 1,535 sq. ft. of office space, the layout includes multiple office spaces; a large main common area with reception area, break room, private office, and back officeAca'"ideal for operating a business or leasing to professional tenants. Building is next to Public Miltner Beach, a public sandy beach and a small boat launch, creating even more value for tenants or guests. Located directly on M-66/S. Main Street, this property is just steps from downtown Lake CityAca'a"cs dining, shopping, and seasonal events. ItAca'a"cs also a short drive to Traverse City, Lake Michigan, ski resorts, and ORV trailsAca'"making it a magnet for both locals and tourists. Watch the July 4th fireworks right your window or small patio area during Lake CityAca'a"cs Aca'A"Greatest Fourth in the NorthAca' , or enjoy year-round activities like the Polar Plunge, Festival of the Pines, and unbeatable Northern Michigan sunsets. Whether youAca'a"cre an investor seeking a cash-flowing asset with future upside or a buyer looking for a unique live/work/lakefront combo, this property delivers flexibility, location, and undeniable charmAca'"all in one dynamic package. Sale includes all furnishings in the office space and apartment.
Listing Office: City2Shore Real Estate Northern Michigan
Listing Office Phone: 231.839.0077
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2025 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.