REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jul

Sun

Jul

Mon

Jul

Realty Executives Showcase Commercial

showcasecommercial@realtyexecutives.com +1(586) 726-4600

$ 560,000

Est. payment -/mo

Save

Active

218 S Main Street Reeder Twp, MI 49651

2,439 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,439 sqft

Price per Sqft $229

MLS Listing ID 78080056463

Year Built 1956

Annual Tax Amount $9,837

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 60 x 90

Source Aspire North REALTORS®

Property Description

Rare Mixed-Use Investment Opportunity on Lake MissaukeeÃ¢â‚¬â„¢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 worldsÃ¢â‚¬"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 officeÃ¢â‚¬"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 CityÃ¢â‚¬â„¢s dining, shopping, and seasonal events. ItÃ¢â‚¬â„¢s also a short drive to Traverse City, Lake Michigan, ski resorts, and ORV trailsÃ¢â‚¬"making it a magnet for both locals and tourists. Watch the July 4th fireworks right your window or small patio area during Lake CityÃ¢â‚¬â„¢s Ã¢â‚¬Å“Greatest Fourth in the NorthÃ¢â‚¬ , or enjoy year-round activities like the Polar Plunge, Festival of the Pines, and unbeatable Northern Michigan sunsets. Whether youÃ¢â‚¬â„¢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 charmÃ¢â‚¬"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

Listed by Tamara McLeod Helsel of City2Shore Real Estate Northern Michigan

GET MORE INFORMATION

Realty Executives Showcase Commercial

+1(586) 726-4600

showcasecommercial@realtyexecutives.com