Reeder Twp, MI 49651,406 N Main Street

$549,900

$549,900

Est.Price: ?

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Est. payment /mo

5,000 SqFt


SOLD DATE : 06/13/2023

Key Details

Sold Price $549,900

Property Type Commercial

Sub Type Business Opportunity

Listing Status Sold

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $109

Subdivision 406 N Main St Llc

MLS Listing ID 78080002850

Sold Date 06/13/23

Originating Board Aspire North REALTORS®

Year Built 1970

Annual Tax Amount $8,726

Lot Size 1.930 Acres

Acres 1.93

Lot Dimensions 223x318

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

Interior

Heating Forced Air, Wall/Floor Furnace

Heat Source Natural Gas

Exterior

Pool No

Roof Type Asphalt

Building

Foundation Crawl, Slab, Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Frame,Wood

Schools

School District Lake City

Others

Tax ID 05112001000

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by EXIT Realty Land and Lakes
Bought with ERA Greater North Properties
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