For more information regarding the value of a property, please contact us for a free consultation.
406 N Main Street Lake City, MI 49651
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $549,900
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $109
Subdivision Mi
MLS Listing ID 80002850
Sold Date 06/13/23
Year Built 1970
Annual Tax Amount $8,726
Lot Size 1.930 Acres
Acres 1.93
Lot Dimensions 223x318
Property Sub-Type Business
Property Description
Huge investment opportunity! These cottages have been in operation since 1970. Situated on almost 2 acres of beautiful mature maple trees. Well maintained buildings consist of (6) 2 bedroom cottages, (3) 1 bedroom cottages, and a 3 bedroom 2 bath residential ranch. Home features knotty pine, fireplace, utility room, basement, office space, 1 car garage and 3 sheds for extra storage. Locationed just 2 blocks from Lake City's downtown beachs, county park, restaurants and shopping. Have front row seats at the "Greatest Fourth in the North" Parade and walking distance to all of Lake City's events. including the "Festival of the Pines". This property has so much to offer (Residence, Cottage Rental Income, Gazebo, Fire Pits, and an Additional Lot to grow.)
Location
State MI
County Missaukee
Area Reeder Twp (57012)
Interior
Heating Wall Heat, Forced Air
Cooling Wall/Window A/C
Exterior
Roof Type Asphalt
Building
Foundation Basement, Crawl, Slab
Water Public Water
Structure Type Frame,Wood
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
Read Less
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with ERA Greater North Properties