MI
MI 48743,4998 N MAIN ST
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MI 48743,4998 N MAIN ST
MI 48743,4998 N MAIN ST
MI 48743,4998 N MAIN ST
MI 48743,4998 N MAIN ST

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Larry Else

Larry Else

+1(313) 315-3215
$ 650,000
Est. payment /mo
Save
Active

4998 N MAIN ST MI 48743

11 Beds

8 Baths

3,516 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 3,516 sqft

Price per Sqft $184

Subdivision Suprvr'S Plat Of Long Lake Village

MLS Listing ID 20250020990

Style Ranch

Bedrooms 11

Full Baths 8

Year Built 1975

Lot Size 0.680 Acres

Acres 0.68

Property Sub-Type SingleFamilyResidence

Property Description

Long Lake Lodge is a fully renovated 8-unit lakefront motel on the shores of Long Lake in Northern Michigan, offering approximately. 125 ft of frontage, a 90-ft private sandy beach, two docks, fire pits, BBQ grills, and five guest-use kayaks. This turnkey property includes six rentable units, one community gathering space, and one employee unit. Four units offer direct lake views. Units 1, 2, and 3 are 2-bed, 1 bath suites with kitchenettes and lakefront views. Unit 4 is a 1-bed, 1-bath with a kitchenette and lake views. Street-side units include Unit 5 (1 bed, 1 bath, kitchenette) and Unit 7 (2 bed, 1 bath, kitchenette). Unit 6 is a newly constructed community room featuring a full kitchen, dining space, Smart TV, and full bath—ideal for retreats, group bookings, or family events. Unit 8 is designated for employee use and includes a laundry area (2 washers, 2 dryers), a full bath, and storage. 2024 lodge income totaled $60,428.43; 2025 YTD is $40,661.40. Also operating from the property is Long Lake Pontoon Rentals, a seasonal business generating $7,218.31 in 2024 and $6,197.20 YTD in 2025. This business, including two pontoons docked on-site, is available for separate purchase and can significantly enhance income potential. The property is fully furnished and operating with modern systems in place. Seller is motivated and has priced the property below the total investment cost. Excellent opportunity to own a commercial lakefront asset with multiple revenue streams and upside potential in a peaceful, natural setting.

Location

State MI

County Iosco

Area Area35011Plainfieldtwp

Interior

Heating Baseboard, Electric

Exterior

Parking Features NoGarage

Pool None

Waterfront Description BeachFront, Waterfront

View Y/N No

Garage false

Building

Foundation CrawlSpace

Sewer SepticTank

Water Well

New Construction No

Schools

High Schools Hale

School District Hale

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition AgentOwned, ShortSaleNo

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Nicholas Bastianelli of EXP Realty Main
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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