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$224,900
Est. payment /mo
3.79 Acres Lot
UPDATED:
11/17/2024 10:46 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 78080045994
Originating Board Aspire North REALTORS�
Annual Tax Amount $2,676
Lot Size 3.790 Acres
Acres 3.79
Lot Dimensions 661 x 250
Property Description
Prime Commercial Investment Opportunity: Discover this unique property located just outside of Lake City, an exceptional business opportunity with these four 64 x 42 buildings with electric, situated on 3.8 acres. For years, these buildings have served as reliable rental properties, yielding consistent income. Currently the four buildings are split into 8 units total for rent and seven of them are rented, the current tenants are month to month. These buildings offer ample space for variety of uses, ideal for boat, plane, trailer storage, workshops or your own commercial venture. They have half dirt and half cement accommodating diverse needs. Located in a commercial zone, this property offers endless potential for business development, expansion or continued rental income.
Location
State MI
County Missaukee
Area Reeder Twp
Zoning Commercial
Exterior
Waterfront no
Building
Sewer Other/None
Water None
Schools
School District Lake City
Others
Tax ID Pr01230200130
Ownership Private Owned
Acceptable Financing Cash, Conventional, FHA, USDA Loan (Rural Dev), VA
Listing Terms Cash, Conventional, FHA, USDA Loan (Rural Dev), VA
Financing Cash,Conventional,FHA,USDA Loan (Rural Dev),VA
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Listed by Tamara McLeod Helsel of City2Shore Real Estate Northern Michigan