JUST REDUCED! Vacant Waterfront Property in beautiful Lake City, MI. 155 ft on Lake Missaukee x 195 deep. Currently surveyed into two parcels and can be bought separately or together or split as needed. The South parcel has road frontage on the South side and cannot be sold before the North piece sells. This property was the home to the former Williard House hotel, the former antique shop, the former Fosters Supermarket/Ford dealership and the barber shop. Situated on the East side of Lake Missaukee, offering amazing sunsets. Great location to build condos and maybe a rooftop restaurant. Lake City is one of the favorite little tourism towns, with lots of seasonal visitors. And for drivers heading up North from the S.W. part of Michigan, they have to drive right thru Lake City on M-55/M-66 to get to Highway 127 that leads to I-75. Great investment opportunity! WAS $535,000, Now $525,000.
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