404 E State Street
Fife Lake, MI 49633
MLS #1783168

Commercial
  • 3,000sq ft
$400,000
Est. P&I payment: $1527.73/mo
404 E State Street, Fife Lake, MI 49633
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Description for 404 E State Street, Fife Lake, MI 49633
Beautiful Fife Lake, this business has 16- 24 boat slips that are rented by the season for $550./season. Completely remodeled, lower level not quite finished, should be completed very soon, all updated electrical and heating. This area has been used successfully as a "bait shop" but could be easily changed to another type of business.Currently has two completely furnished apartments on upper level: one 3br weekly rental $750.-$1,000. (10-14 wks.) Off season rent $700.( 9 mo.s/year) & one 2br weekly rental $650.-$900. (10-14 wks). Off season rent $600.(9mo.s/year.) This is a rare opportunity for the right person.
MLS #1783168
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My Notes for MLS #1783168

General Features

  • Property Type: Retail/Commercial
  • Total Finished SqFt: 3,000
  • Number of Acres: 0.29
  • Lot Dimensions: irregular
  • Approx Year Built: 1954
  • Zoning: Multi-Family,​Retail,​Commercial

Exterior Features

  • Water Front Footage: 270
  • Vacant Land: No
  • Roof: Asphalt,​Metal
  • Exterior Features: Log Siding,​Wood
  • Parking: Assigned,​Common

Utilities Features

  • Heating/Cooling Source: Natural Gas,​Wood
  • Heating/Cooling Type: Hot Water,​Baseboard,​External Wood Burner
  • Water: Private Well
  • Sewer: Municipal
  • Energy Efficient: Energy Efficient Windows

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 133.33
  • Sale or Lease: For Sale
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Terms: Conventional Mortgage,​Commercial Loan,​Cash
  • Included in Lease: None

Community Features

  • Body of Water: Fife Lake
  • Development Name: metes and bounds

Misc Features

  • Deeded Waterfront: Yes
  • Private/Shared: Private
  • Business Name: Wilson's Bait and Tackle
  • Year Updated: 2006
  • Year Remodeled: 2006
  • ECO Features: No
  • Business Included: Yes
  • Real Estate Included: Yes
  • Inventory Included: Yes
  • Present Use: Retail Store,​Recreational/Resort,​Marina
  • Foundation: Full,​Walkout,​Block,​Slab,​Egress Windows,​Daylight Windows,​Entrance Outside
  • Possession: At Closing
  • Construction: Timber Frame,​Block,​Frame

Location

 
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Directions to 404 E State Street, Fife Lake, MI 49633
Downtown Fife Lake just past the public beach & party store on on Lake.
Listing information for 404 E State Street, Fife Lake, MI 49633 was graciously provided by our friends at the listing brokerage, Coldwell Banker Schmidt-522 522 522 E Front St, Traverse City, MI 49686

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P&I Payment $1527.73
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Greater Cadillac's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Greater Cadillac, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Last Updated 12/14/2017 at 11:09pm
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