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1263 S Lakeshore Drive, Lake City, MI 49651

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For Sale

$589,900

3 beds • 3 baths • 1 half baths • 5,820 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $101.36
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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.
MLS# 1921533

Courtesy Of EXIT Realty Land and Lakes
1263 S. Lakeshore Dr., Lake City, MI 49651
(231) 839-6500

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Basement, Water Front
  • Appliances
    Dishwasher, Oven, Washer
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Heating System
    Baseboard, Forced Air
  • Lot Size
    0.37 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Bedroom, Family Room, Full Bath, Half Bath, Kitchen, Living Room
  • View Type
    Water

Map and Directions

Directions to 1263 S Lakeshore Drive, Lake City, MI 49651

Home seller CENTURY 21 Forward Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Forward Realty, Inc.

(231) 796-4808
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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