Lake Commercial Sale Pending
Great business opportunity, great location, high traffic counts, and visibility, combined with the great *business climate* in the Lake City area make this a great opportunity. Investors this 10,000 square feet retail building has long term leases in place with established businesses. This commercial building has two many areas with separate entrances and a large shared parking lot. The larger leased space is approx. 6,000 sq. ft. and then the south side is approx. 4,000 sq. ft. Laura's Needful Things in the bigger area located on the north end and then Gamer's Gambit located at the south entrance, both spaces have restrooms and many smaller office options and ample storage. According to MDOT (Michigan Dept. of Transportation), approx. 10,000 vehicles cruise thru Lake City on a daily basis. The plaza's has two other businesses that flanked this space that bring customers as well for foot traffic. The roof has been updated as well. Seller has currently updated all the lights to LED and it much more efficient. Shared well. The current active year to year leases with Gamer's Gambit LLC through February 2024 and Lake City Needful Items through July 2023, both for $1,500 per month installments, plus they pay their own utilities, water and insurance.Property Details
- Beds: 0
- Baths: 4.0
- Sq Feet: 10000
- Year Built: 1980
- Location: Lake Missaukee
- Acres: 0.990
- County: Missaukee County
- Heat/AC: Forced Air
- Siding: Block,Brick
- Roof: Membrane
- Property Taxes: $3,331
- MLS #: 1908766
Location
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Ad Statistics:
| Ad Number : | 3540971 |
| Viewed: | 245 times |
| Added: | Mar 08, 2023 |
| Updated on: | Mar 08, 2023 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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Listing Agent: Tamara McLeod Helsel, City2Shore Real Estate Northern Michigan, 231-920-6422, 231-839-0077 Listing Site, Listing Status: Pending
Copyright © 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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