MICHIGAN REAL ESTATE OPPORTUNITY! This Revitalization Ready $264,000

Lake Commercial Off Market

MICHIGAN REAL ESTATE OPPORTUNITY! This Revitalization Ready Property is located in L'Anse, Michigan. L'Anse is a Michigan Lake Superior waterfront Village located at the southeastern shore of the Keweenaw Bay in northern Baraga County - a very popular tourist and retirement area! - This area is rich in history, and was settled first by Native Americans, and later French explorers, trappers, loggers, and missionaries. It is a great area, with a cultural mingling of people of many nationalities who were drawn to the areas mining, lumbering, and agricultural opportunities. Beautiful at any time of the year, there is something to do year round - Today tourism is key - with many tourist attractions that bring people into the area in every season. - The property offered for sale is a 14,000+ Square Foot, Single Story Masonry structure. Originally built in 1962, this structure previously served as the Winkler Home, a Convalescent Home with Continuous Care. Two additions, in Front and Back, were added in 1979. - The Entry Area of the building includes a Vestibule, Lobby with two Single Stall Restrooms, three Offices, and a Utility Room. - The Central Area of the building includes a Large Kitchen, two Dining Areas, Laundry, Furnace/Boiler Room, Emergency Generator Room, Maintenance Room, Maintenance Storage Room, Maintenance Office, and Kitchen Storage Room. - The North Wing of the building is composed of Twelve Semi-Private Suites, One Private Suite, One Multi-Purpose Room, a Utility Room, a Storage Room, and Restroom. - - At the North end of the building is an Exterior Entrance to small Basement, that opens to a Tunnel Area, that runs along the eastern wall for the full length of the structure. - The South end of the building is composed of Twelve Semi-Private Suites, Three Private Suites, Two Multi-Purpose Rooms, a Utility Room, Janitor Closet, and Restroom. - The Interior Walls are constructed of concrete block. The Roof was replaced in 2003. Utilities are in place, and Fiber Internet connection is available. - There is On-Site Parking for 15-20 Vehicles. - A Phase I Environmental Site Assessment was conducted, and removal of all identified hazardous materials was completed. There is no Lead Paint, and Asbestos abatement was completed in 2002. - Contact Us For Your Private Tour Today! - FINANCIAL INCENTIVES POSSIBLE: The property is zoned as Mixed-Residential land so Rezoning would not be required for rejuvenation into Apartments or Condominiums. Brownfield Grant and Loans, Opportunity Zone, Housing and Urban Development Subsidies, Michigan State Housing Development Authority Tax Credits may be available. Information about these programs can be obtained from the Baraga County Chamber of Commerce, baragacountychamber or 1-.