1263 S Lakeshore Drive Lake City, MI $ 589,900
1263 S Lakeshore Drive
$ 589,900
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1263 S Lakeshore Drive

Lake City, MI, 49651
$ 589,900
Baths0.0 Sq 5,820

Monthly Estimate*

$ 4,121

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Studio

Commercial Property for sale in Lake City, MI

for $589,900. This 5,820 square foot building was built in 1975 on a lot size of 0.37.

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.

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Commercial Active

Price

$ 589,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.37

Year Built

1975

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

1921535

Features
General
Roof Asphalt
Zoning Residential Other Commercial
Sewer Municipal
Construction Frame
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Interior
Basement Slab
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Exterior
Exterior Features Vinyl Aluminum
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* Excluded Features
List By
Exit Realty Land And Lakes

Broker

(231) 878-5749

Phone

Affordability Calculator

$4,121
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,121
Monthly Property Taxes
--
Monthly Home Insurance
--
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$589,900 Listed Price

Map


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1263 S Lakeshore Drive, Lake City, MI, 49651 is a Commercial Property for sale at $589,900 with 5,820 sqft and a lot size of 0.37. 1263 S Lakeshore Drive is a studio with 0.0 baths and was built in 1975. The property's zip code is 49651 which is in Lake City, MI