131 S Main Street Lake City, MI ^$ 184,900

131 S Main Street

^$ 184,900

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Recently Listed

131 S Main Street

Lake City, MI, 49651

^$ 184,900

Studio Baths0.0 Sq 1,500

Monthly Estimate*

^$ 1,292

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Studio

Commercial Property for sale in Lake City, MI

for $184,900. This 1,500 square foot building was built in 1950 on a lot size of 0.08.

Location, Location, Location! This commercial storefront has one of the best views of Lake Missuakee. The building has been a flower shop for over 25 years. Continue the tradition or bring something exciting and new to Lake City. The current owners have done several upgrades over the last few years. Such as a new rolled rubber roof with 5 inches of sprayed insulation (4 years), New electrical box (3 years), New windows and door (4 years), and a new cooler condenser (3 years). The property features a half bathroom, a Large commercial sink, a 5x8 walk-in cooler, and a back entrance. Buy now and be a part of the Reimagine M-66 corridor and the Pure Michigan M-55 Campaign process.

Commercial Active

Price

^$ 184,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.08

Year Built

1950

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

80016770

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Roof Other-See Remarks

Water Public Water

Status Active Active

Year Built 1950

Subdivision none MI

County Missaukee

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Arletta's Flower and Gift

Percent Ownership Private

Municipality Reeder Twp

Section 6

Zoning Commercial

Commercial Features Bath Other

Area Reeder Twp (57012)

Primary City Lake City

Directions Main St. City limits of Lake City

City Lake City

Street Name Main

Financial Terms Cash Commercial Loan

Legal Description . W 3/4 OF N 1/2 OF LOT 8 BLK 5 ORIG PLAT CITY OF LAKE CITY.

DOM 8

Postal Code 49651

Price Per Sq Ft 123.27

Coming Soon Location Location

Exterior

Exterior Frame Vinyl Siding

Lot Size Area 0.08

Lot Dimensions 46.75x75

Interior

Fuel Type Oil

* Excluded Features

List By

Sara Crawford Martinez

Listing Agent

Exit Realty Land And Lakes

Broker

homessoldbysara@gmail.com

Affordability Calculator

$1,292

Per Month

Monthly Principal & Interest: $1,292
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lake City, MI

Average List Price ^$357,820

Percent of Sale Price 94%

About Lake City, MI

7,595 Population

3% Since 2002

^$40,822 Median Income

44.77 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/22/2024	$184,900		Listed Price

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131 S Main Street, Lake City, MI, 49651 is a Commercial Property for sale at $184,900 with 1,500 sqft and a lot size of 0.08. 131 S Main Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 49651 which is in Lake City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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131 S Main Street

Commercial Property for sale in Lake City, MI

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