$399,999

406 N Main Street

Lake City MI, 49651

Description

Dynamic investment opportunity! Majestic "Maple Lane Cottages" has been in operation since 1970 in our 4-Season renowned Lake City, and it is situated amidst beautiful mature maple trees (hence the name) on it's own 1.93 acre estate. Well maintained buildings consist of (6) 2 bedroom cottages, (3) 1 bedroom cottages, and a 3 bedroom 2 bath residential ranch (knotty pine), fireplace, living-dining rooms, kitchen, utility room, basement, 1 car garage plus business office space. Location. Location. Location... just 2 1/2 blocks from Lake City's downtown beach/park/dining/shopping. You've probably have heard of our annual "Greatest Fourth in the North" and "Festival of the Pines" celebrations - come join us! So much to offer cottage residents from this location...sidetrips to Houghton Lake, Gaylord, Cadillac, Manistee and Traverse City and all they have to offer.

Details

MLS#1834056
StyleIndustrial
Sub-TypeResale
StatusActive
Year1970
Days On Site437

Features

SQ Feet5,000
Story(s)1
ZoningNot Zoned

Market Activity 49651

Loading Form

Loading Form

Area Information

StateMI
CountyMissaukee
CityLake City
Zip Code49651
AreaMissaukee
Listing VS Median (in 49651)
Price:
$399,999
low | high
Med:
$129,900
100% of Average
SqFt:
5,000
low | high
Med:
6,350
23% of Average
$ / SqFt:
$80
low | high
Med:
$5
100% of Average
On Site:
437
low | high
Med:
346.5
100% of Average
Listing Updated: 12/13/2019
MLS Number: 1834056
Listing Provided By:
Elliott 399999  of  City2Shore Real Estate Northern Michigan
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.