About this property

**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'...)

Interior

Fireplace: Yes

Exterior & construction

Lot size: 31,363 sq ft
Lot dimensions: 158x147x158x160
New construction: Yes

Utilities

Utilities: Natural Gas Available, Electricity Available, Cable Available, Phone Available, None

Financial

Annual tax: $4,381
Tax year: 2025
Assessed value: $83,139

Listed by Daniella M Bell · Cb Schmidt - Cadillac

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Home priceDown payment (20%)Interest rate (%)Loan term

$2,275/mo

$90,000 down · $360,000 financed

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Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.