Lake City City Hall - Commercial Development Opportunity

Investment Overview

The premier boutique hotel development site in Missaukee County, Michigan. The Lake City owned property has 80 ft of waterfront on Missaukee Lake, a 18,800 acre recreational lake and borders Central Park. The City has recently received a $900,000 grant from the State to improve the Park (a detailed plan is included in offering memorandum). The City also has plans to construct a Marina for transient and seasonal boat slips adjacent to the Park. The City is looking for the optimal development partner to transform Lake City!

Investment Highlights

• Ideal for boutique hotel or mixed-use
• Waterfront on Missaukee Lake
• City has plans to improve the park and build a marina
• Substantial public parking adjacent to property
• Access to all public available utilities, gas, electric and inter net
• Proximity to Traverse City, Cadillac and Houghton Lake
• Conveniently placed between US-131 and US-127