# 406 N Houghton Street, Lake City, MI 49651

> **TL;DR:** 0bd/2ba commercial, $325,000 ($650/sqft), 500 sqft. Est. $1,738/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $650 |
| Bathrooms | 2 full |
| Square Feet | 500 |
| Lot Size | 44,867 sqft (1.03 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,643 |
| Estimated Insurance | $95 |
| **Total** | **$1,738** |

## Property Highlights

- 1.03 acre lot
- 10 parking spaces

## Description

### Agent Description
Prime Commercial Investment Opportunity in the Heart of Lake City! Whether you're searching for a highly visible commercial location to establish your own business or looking to continue operating a successful seasonal attraction, this property offers exceptional potential. Positioned just one block from Main Street and only three blocks from beautiful 1,880-acre all-sports Lake Missaukee, this commercially zoned property enjoys outstanding exposure along the busy M-55/M-66 corridor, with an estimated 10,000 to 20,000 vehicles passing daily. Its central location, adjacent to Lake City High School and within walking distance of downtown, the public beach, county park, and campground, makes it an ideal setting for a wide variety of commercial ventures. The property is already improved with ample parking, attractive landscaping, and support buildings, providing a strong foundation for future development or continued business operations. Currently operating as the Lake City Miniature Golf Course, the beautifully designed 18-hole course was built in 2018 and features lush perennial gardens, decorative shrubs, fountains, a winding river, a covered pavilion with picnic tables, and evening lighting that creates an inviting atmosphere for guests of all ages. Investors will appreciate the flexibility this property offers. Continue operating the established miniature golf course, reimagine the site for another commercial enterprise, or develop your own vision in one of Northern Michigan's most popular four-season recreational destinations. Opportunities to acquire a highly visible, commercially zoned property with existing infrastructure in such a prime location are rare. Seller has a recent appraisal on file exceeding the current listing price, presenting an exceptional value for the next owner.

## Location

- **Address:** 406 N Houghton Street, Lake City, MI 49651
- **County:** Missaukee
- **Coordinates:** 44.338523, -85.20876
- **Google Maps:** https://www.google.com/maps?q=44.338523,-85.20876

## Listing Agent

- **Name:** Tamara McLeod Helsel
- **Brokerage:** City2Shore Real Estate Northern Michigan
- **Phone:** 2319206422

## Primary Photo

![406 N Houghton Street - Primary Photo](http://lh.rdcpix.com/605b96de339bc832886532c546440f94l-f3079281423r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.ai/listing/406-n-houghton-street-lake-city-mi-49651-1948341)*

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**MLS#:** 1948341 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/406-n-houghton-street-lake-city-mi-49651-1948341)

---

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