218 S Main Street Active Save Request In-Person Tour Request Virtual Tour
Reeder Twp,MI 49651
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,439 sqft
Price per Sqft $245
MLS Listing ID 78080056463
Originating Board Aspire North REALTORS®
Year Built 1956
Annual Tax Amount $9,837
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 60 x 90
Property Description
Rare Mixed-Use Investment Opportunity on Lake Missaukee’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, 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 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 City’s dining, shopping, and seasonal events. It’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 City’s “Greatest Fourth in the North†, or enjoy year-round activities like the Polar Plunge, Festival of the Pines, and unbeatable Northern Michigan sunsets. Whether you’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
Zoning Commercial
Body of Water Lake Missaukee
Interior
Heating Forced Air,Central Air
Heat Source Natural Gas
Exterior
Waterfront Description Water Front
Roof Type Asphalt
Accessibility Disabled Access
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Additional Building Other
Structure Type Frame,Vinyl
Schools
School District Lake City
Others
Tax ID 05112000800
Ownership Private Owned
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings