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
Bedrooms3 Baths2.3 Sq 5,820

Monthly Estimate*

$ 4,121

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Single Family Home for sale in Lake City, MI

for $589,900 with 3 bedrooms and 2 full baths, 3 half baths. This 5,820 square foot home 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, 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.

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Single Family Active

Price

$ 589,900

Bedrooms

3

Full Bath

2

Half Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.37

Year Built

1975

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

80016884

Features
General
Interior Features Bay Window
Heating Baseboard Forced Air
Kitchen Level Main
Cooling Ceiling Fan(s) Central A/C
Possession Close Plus 31-60 Days
Exterior Features Fenced Yard Patio
Water Public Water
Appliances Dishwasher Range/Oven
Status Active Active
Full Baths 2
Half Baths 3
Bathrooms 5
Year Built 1975
Subdivision n/a MI
County Missaukee
Class RESIDENTIAL
Type Single Family
Percent Ownership Private
Municipality Lake City
Section 7
Zoning Commercial Residential
Utilities Cable Available
Structure Style 1 Story
Area Lake City (57017)
Primary City Lake City
Directions Lake City Coner of M-66/Lakeshore Dr. & Kalkaska St.
City Lake City
School District Lake City Area School District
Street Name Lakeshore
Financial Terms Cash Conventional
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
DOM 6
Postal Code 49651
Price Per Sq Ft 101.36
Coming Soon
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Exterior
Exterior Aluminum Vinyl Siding
Lot Size Area 0.37
Lot Dimensions 125x135
Water Features Water View
Waterfront Y/N No
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Interior
Beds 3
Fireplace? No
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* Excluded Features
List By
Sara Crawford Martinez

Listing Agent

Exit Realty Land And Lakes

Broker

homessoldbysara@gmail.com

Email

Affordability Calculator

$4,121
Per Month
100%
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0%
Monthly Principal & Interest
$4,121
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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
3731176 Elementary School
3731178 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$589,900 Listed Price

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1263 S Lakeshore Drive, Lake City, MI, 49651 is a Single Family Home for sale at $589,900 with 5,820 sqft and a lot size of 0.37. 1263 S Lakeshore Drive has 3 bedrooms, 2.3 baths, and was built in 1975. The property's zip code is 49651 which is in Lake City, MI