🔥 Rentberry’s offering closes on October 28, 2022. Don’t miss this opportunity!
Save
Price
$ 499,900
Available: 
Price:  Increased
house for sale
6 views
Listed: 04/02/22

S Lakeshore Dr, Lake City, MI, USA

1 Story, Residential

3Bed:
4Bath:
5,820 Sq FtLiving Area:
1975Year Built:
house Description
Business is Relocating. Building for sale only. Not business. Where can you find a mixed-use (Commerical/Residential) building for under$100 a sq ft (5820 total sq ft)? This is a huge income-producing opportunity and is the perfect location for a medical building, restaurant, party store, office space, apartments, church, daycare center, etc. Located in the heart of Lake City and across the road from beautifulLake Missaukee. There is a public beach right across the street. The front of the building has 3/4 large private office spaces (3180 Sq ft).All with their own 1/2 baths. There is a 4 bedroom, 2 bath (2640 sq ft) living quarters in the back. Living quarter features a 1st-floorlaundry, large living room, huge kitchen, and family…  Full description

Amenities

  • Take a stroll in your own garden Garden
  • Parking space is available for your convenience Parking Spot
  • Stay comfortable during warmer season with installed air conditioning Air Conditioning
  • This house has a dishwasher Dishwasher
  • Feast your eyes on the picturesque view from your house View
Home Details
Appliance
Air Conditioning
Washer
Dishwasher
Oven
View Type
Beach View
Roof Type
Asphalt
Heating System
Baseboard
Forced Air
Lake City Housing & Living
Average sale prices for houses as of Aug, 2022.
House sizeAugvs Last Month
1 bed houses$179,900N/A
2 bed houses$202,814+13.8%
3 bed houses$164,085-37.3%
4+ bed houses$231,342N/A
Property TypeAugvs Last Month
Condos for sale$89,900N/A
Prices depend on real estate size/amenities and are based on the Rentberry platform statistics.
Household Income
Median household income: $47,500
Number of households: 354
The average household income in Lake City, MI grew from $37,656 to $47,500 in the past year. This data is an estimate based upon 354 households in Lake City, MI.
The chart below presents how household income is distributed in Lake City, MI in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lake City, MI compared to median property taxes around the country. The prevalent amount of property taxes in Lake City, MI equals $800-$1,500, which is less than the national average.