Homes for sale - 218 S Main Street, Lake City, MI 49651

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Christopher Parker

christopher.parker@exprealty.com +1(989) 812-6249

$429,000

Est. payment - /mo

3,331 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 3,331 sqft

Price per Sqft $128

Subdivision Mi

MLS Listing ID 80056463

Year Built 1956

Annual Tax Amount $9,837

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 60 x 90

Property Sub-Type Commercial/Industrial

Property Description

Rare Mixed-Use Investment Opportunity on Lake Missaukeeâ€™s Pristine Waterfront Positioned on 60 feet of private shoreline along 1,880-acre all-sports Lake Missaukee, this versatile mixed-use commercial property offers the best of both worldsâ€”immediate income potential and long-term lifestyle value. The back of the building features a spacious three-bedroom, three-bath apartment, complete with a primary suite offering a large closet and private bath, two ample size guest bedrooms and guest full bath, a large laundry room with wash sink, and a four-season porch that delivers panoramic lake views all year round with private side entrance and parking. On the commercial side in the front of the building, 1,535 sq. ft. of office space, the layout includes multiple office spaces; a large main common area with reception area, break room, private office, and back officeâ€”ideal for operating a business or leasing to professional tenants. Building is next to Public Miltner Beach, a public sandy beach and a small boat launch, creating even more value for tenants or guests. Located directly on M-66/S. Main Street, this property is just steps from downtown Lake Cityâ€™s dining, shopping, and seasonal events. Itâ€™s also a short drive to Traverse City, Lake Michigan, ski resorts, and ORV trailsâ€”making it a magnet for both locals and tourists. Watch the July 4th fireworks right your window or small patio area during Lake Cityâ€™s â€œGreatest Fourth in the Northâ€, or enjoy year-round activities like the Polar Plunge, Festival of the Pines, and unbeatable Northern Michigan sunsets. Whether youâ€™re an investor seeking a cash-flowing asset with future upside or a buyer looking for a unique live/work/lakefront combo, this property delivers flexibility, location, and undeniable charmâ€”all in one dynamic package. Sale includes all furnishings in the office space and apartment.

Location

State MI

County Missaukee

Area Reeder Twp (57012)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Parking Features 3-5 Spaces

Roof Type Asphalt

Building

Foundation Slab

Water Public Water

Structure Type Frame,Vinyl Siding

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by City2Shore Real Estate Northern Michigan

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Christopher Parker

+1(989) 812-6249

Broker Associate | License ID: 164141; 6506049280

Broker Associate License ID: 164141; 6506049280

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218 S Main Street Lake City, MI 49651

Christopher Parker

Key Details

Location

Interior

Exterior

Building

Others

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