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Image 1 - 1263 S Lakeshore Dr, Lake City, Michigan, 49651 - House for sale

Image 2 - 1263 S Lakeshore Dr, Lake City, Michigan, 49651 - House for sale

Image 3 - 1263 S Lakeshore Dr, Lake City, Michigan, 49651 - House for sale

Image 4 - 1263 S Lakeshore Dr, Lake City, Michigan, 49651 - House for sale

Image 5 - 1263 S Lakeshore Dr, Lake City, Michigan, 49651 - House for sale

Image 6 - 1263 S Lakeshore Dr, Lake City, Michigan, 49651 - House for sale

Image 7 - 1263 S Lakeshore Dr, Lake City, Michigan, 49651 - House for sale

Image 8 - 1263 S Lakeshore Dr, Lake City, Michigan, 49651 - House for sale

Home For Sale In Lake City, Michigan

1263 S Lakeshore Dr, Lake City, Michigan, 49651

Home For Sale In Lake City, Michigan

house for sale

Listed: 05/01/24

1263 S Lakeshore Dr, Lake City, Michigan, 49651

3 Bed:

2.5 Bath:

5,820 Sq Ft Living Area:

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Price

$ 589,900

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About This House

Business is Relocating. Building for sale only. Not business. Where can you find a mixed-use (Commerical/Residential) building for under $100 a sq ft (5820 total sq ft)? This huge income-producing opportunity is the perfect location for a medical building, restaurant, party store, office space, apartments, church, daycare center, five plus AirBNB, etc. Located in the heart of Lake City and across the road from beautiful Lake Missaukee. There is a public beach right across the street. The front of the building has 3/4 large private office spaces (3180 Sq ft).All with their own 1/2 baths. There are 4 bedrooms, 2 baths (2640 sq ft) living quarters in the back. The living quarter features a 1st-floor laundry, a large living room, … Full description

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Original listing

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Lake City Housing & Living

Household Income

Median household income: $47,500

Number of households: 354

The average household income in Lake City, MI grew from $37,656 to $47,500 in the past year. This data is an estimate based upon 354 households in Lake City, MI.
The chart below presents how household income is distributed in Lake City, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lake City, MI compared to median property taxes around the country. The prevalent amount of property taxes in Lake City, MI equals $800-$1,500 , which is less than the national average.