$355,000
$399,999
11.2%For more information regarding the value of a property, please contact us for a free consultation.
406 N Main Street Reeder Twp, MI 49651
5,000 SqFt
Key Details
Sold Price $355,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $71
MLS Listing ID 78001325295
Sold Date 04/14/20
Originating Board Aspire North REALTORS®
Year Built 1970
Annual Tax Amount $5,800
Lot Size 1.930 Acres
Acres 1.93
Lot Dimensions 223X318
Property 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.
Location
State MI
County Missaukee
Area Reeder Twp
Interior
Heating Forced Air, Wall/Floor Furnace
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt
Accessibility Disabled Access
Building
Foundation Crawl, Slab, Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Other,Wood
Schools
School District Lake City
Others
Tax ID 05112001000
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings
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