• 1263 S Lakeshore Lake City, Michigan 49651

  • $589,900
  • 3
    Bed(s)
  • 2.5
    Baths
  • 5,820
    Sq Ft
  • 0.37
    Acre

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, 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.

Property Type :

Residential

County :

Missaukee

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Bathroom Information

Total Baths: 2.5

Full Baths: 2

Half Baths: 3

Room Information

Total Rooms: 14

Porches: Patio

Interior Features

Other

Appliances: Dishwasher,Oven,Range/Stove

Heating & Cooling

Cooling: Ceiling Fan(s),Central Air

Heating: Baseboard,Forced Air

Heating Fuel: Natural Gas

Building Information

Year Built: 1975

Building Stories: 1 Story

Foundation/Basement: Slab

Utility Features

Sewer: Shared Septic (Common)

Water

Public (Municipal)

Lot Information

Lot Size: 0.37

Lot Dimensions: 125x135

Lot Features: Corner Lot,Water View

Property Information

SQ ft: 5820

Subdivision: n/a

Financing: Cash,Conventional

Listing Price Information

Original List Price: $589,900

Listing Information

Possession: Close Plus 31-60 Days

Legal Description: SEC 7 T22N R7W BEG AT NW COR LOT 1, S81 DEG 25' E 63.58 FT, S 12 DEG 37' 25" W64.03 FT, S 76 DEG 59'04" E 63.33 FT, S 12DEG 37' 25" W 24.49 FT, S 76 DEG 59'04" E78.16 FT, S 14 DEG 28'30"W 47.78 FT, N 74DEG 30'27"W 199.26 FT, N'LY 125 FTALONG THE ARC

Tax Information

Parcel Number: 05167500200

Possession

Close Plus 31-60 Days

Legal Information

Legal Description: Section: SEC 7 T22N R7W BEG AT NW COR LOT 1, S81 DEG 25' E 63.58 FT, S 12 DEG 37' 25" W64.03 FT, S 76 DEG 59'04" E 63.33 FT, S 12DEG 37' 25" W 24.49 FT, S 76 DEG 59'04" E78.16 FT, S 14 DEG 28'30"W 47.78 FT, N 74DEG 30'27"W 199.26 FT, N'LY 125 FTALONG THE ARC

School Information

School District: Lake City

Utility Information

Water:Public (Municipal)

Sewer:Shared Septic (Common)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 25 River Woods , Lake City, MI,49651 $16,900 -- -- -- 1.03 Acres
LOT 23 River Woods , Lake City, MI,49651 $16,900 -- -- -- 1.01 Acre
LOT 24 River Woods , Lake City, MI,49651 $16,900 -- -- -- 1.01 Acre
LOT 9 W Blue , Lake City, MI,49651 $8,900 -- -- -- 0.86 Acre
LOT 7 W Blue , Lake City, MI,49651 $8,900 -- -- -- 0.92 Acre
LOT 7 W Blue Road , Lake City, MI,49651 $8,900 -- -- -- 0.92 Acre
LOT 7 W Blue Road, Lake City, MI,49651 $8,900 -- -- -- 0.92 Acre
LOT 23 River Woods Road , Lake City, MI,49651 $16,900 -- -- -- 1.01 Acre
LOT 24 River Woods Road , Lake City, MI,49651 $16,900 -- -- -- 1.01 Acre
LOT 25 River Woods Road , Lake City, MI,49651 $16,900 -- -- -- 1.03 Acres
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/21/2024 @ 04:31

MLS: 606318392
LISTED BY: Sara Crawford Martinez , EXIT Realty Land and Lakes
SOURCE: Realcomp II Ltd
Buyer Agency Description: 2

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