Address
1263 S Lakeshore Drive, Lake City, MI
Price
$ 589,900
Property Attributes
  • MLS#1921535
  • TypeCommercial
  • CountyMISSAUKEE
  • CityLake City
  • AreaMissaukee
  • NeighborhoodReeder
  • Zip49651
  • StyleMixed Use
  • Price$ 589,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5820
  • Lot Size0.37 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

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, 5 plus AirBNB's, 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.

Price History
4/25/2024 Listed $589,900

General Features

Roof Asphalt
Zoning Residential,Other,Commercial
Sewer Municipal
Construction Frame

Interior Features

Basement Slab

Exterior Features

Exterior Features Vinyl,Aluminum

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49651

Price
AVG $400K
$590K
Visits
AVG 71
24
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1975

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