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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 499,311

Est. payment -/mo

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Active

1263 S Lakeshore Drive Lake City, MI 49651

3 Beds

3.5 Baths

5,820 SqFt

UPDATED:

10/20/2024 08:35 PM

Key Details

Property Type Single Family Home

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 5,820 sqft

Price per Sqft $85

MLS Listing ID 78080016884

Style Ranch

Bedrooms 3

Full Baths 2

Half Baths 3

HOA Y/N no

Originating Board Aspire North REALTORS�

Year Built 1975

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 125x135

Property Description

Business is Relocating. Building for sale only. Not business. Where can you find a mixed-use (Commerical/Residential) building for under $86 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, a huge kitchen, and a family room. There is a fenced-in backyard for kids/pets or additional parking. This property is connected to city water and sewer. Which includes garbage, recycling, and yard waste pickup. The building is currently connected to Spectrum high-speed internet. There is a nice lite sign by the road for advertising your business/businesses. The new roof was put on in the summer of 2021. The parking lot was also resealed/stripped in the summer of 2021. Take advantage of this opportunity. Seller is a licensed Real Estate Broker in the State of Michigan. Shed and Fridge are not included.

Location

State MI

County Missaukee

Area Lake City

Rooms

Kitchen Dishwasher, Oven, Range/Stove

Interior

Interior Features Other

Heating Baseboard, Forced Air

Cooling Ceiling Fan(s), Central Air

Fireplace no

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Pool No

Waterfront no

Porch Patio

Garage no

Building

Lot Description Corner Lot, Water View

Foundation Slab

Sewer Shared Septic (Common)

Water Public (Municipal)

Architectural Style Ranch

Level or Stories 1 Story

Structure Type Aluminum,Vinyl

Schools

School District Lake City

Others

Tax ID 05167500200

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by EXIT Realty Land and Lakes

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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