$399,999

406 Main Street

Lake City MI, 49651

Description

Dynamic Investment Opportunity! Majestic ''Maple Lane Cottages'' has been in operation since 1970 in our 4-Season renowned Lake City, and is situated amidst beautiful mature maple trees (hence the name) on its own 1.93 acre estate.Well maintained buildings consist of six 2 BR Cottages, three 1 BR cottages, and a 3 BR 2 BA residential ranch (knotty pine), featuring a fireplace, living-dining rooms, kitchen, utility room, basement, 1 car garage plus business office space!Location Location Location. Just 2 1/2 blocks from downtownbeach/park/dining/shopping area. You've probably heard of our annual ''Greatest Fourth of the North'' & ''Festival of the Pines'' celebrations - come join us! Sidetrips to Houghton Lake, Gaylord, Cadillac, Manistee, and Traverse City and all they have to offe

Details

MLS#19023944
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1970
Days On Site233

Features

SQ Feet5,000
Story(s)1
ZoningCommercial

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Area Information

StateMI
CountyMissaukee
CityLake City
Zip Code49651
AreaPaul Bunyan - P
Listing VS Median (in 49651)
Price:
$399,999
low | high
Med:
$279,900
80.024825062063% of Average
SqFt:
5,000
low | high
Med:
2,915
91.71% of Average
$ / SqFt:
$80
low | high
Med:
$110
12.609174515586% of Average
On Site:
233
low | high
Med:
172.500000
100% of Average
Listing Updated: 01/18/2020
MLS Number: 19023944
Listing Provided By:
Russell L Elliott  of  CITY2SHORE REAL ESTATE - N. MICHIGAN
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.