$855,000
$895,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
1,815 SqFt
SOLD DATE : 05/01/2024
Key Details
Sold Price $855,000
Property Type Commercial
Sub Type Business Opportunity
Listing Status Sold
Purchase Type For Sale
Square Footage 1,815 sqft
Price per Sqft $471
MLS Listing ID 65024002599
Sold Date 05/01/24
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1920
Annual Tax Amount $1,497
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions 79x476
Property Description
Amazing investment opportunity on Chippewa Lake with endless possibilities! 7 cottages, 1 main home, a common area, 2 large docks with a sandy lakefront, all this with views of the all-sports 790-acre lake. Reservations already on the books! Easily convert the cottages into year-round! All cottages are ~ 320 sq ft and are nicely updated and includes: 1 bed, 1 bath, living & kitchen area and comes with furniture, appliances, picnic tables, linens & supplies. The beautiful, spacious home features a w/o basement, 4 beds, 2 full baths, 2 laundry rooms, and an attached 1,700 sq ft garage. The living room greets you w/ vaulted ceilings and open to the kitchen, which features updated appliances and a large island. Property is close to wineries and golf courses.
Location
State MI
County Mecosta
Area Chippewa Twp
Zoning Residential
Direction 131 N to 8 Mile/M20 exit for Stanwood/White Cloud. Turn right onto 8 Mile, turn left onto 155th, 155th turns right & becomes Buchanan. From Buchanan, turn left onto 150th, right onto 13 Mile, left onto M-20 W, right onto 120th Ave. Turn right onto 16 Mile Rd. Turn left onto 110th Ave. Continue onto Dwight St, turn left onto 2nd St and immediate left onto 2 track (which runs b/t home and cottages.
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Pool No
Waterfront yes
Waterfront Description Private Water Frontage
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Well (Existing)
Structure Type Other,Vinyl
Schools
School District Chippewa Hills
Others
Tax ID 5403891024000
Ownership Private Owned
Acceptable Financing Cash, Conventional, Lease
Rebuilt Year 7
Listing Terms Cash, Conventional, Lease
Financing Cash,Conventional,Lease
Special Listing Condition Unknown/Data Share Listings
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Bought with JH Realty Partners