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31
Photos
11425 W Ludington Drive, Lake, MI 48632
$650,000 Asking Price
$---/mo Est. Payment Get Prequalified »
8
beds
1
bath
1,508
sqft
Built in
1940
If you are looking for a property that will generate income where you can live as well, then the possibilities are ENDLESS with this turn key home/business. High visibility with great location just west of Farwell on US 10/Ludington drive in western Clare County. For more information on this property, and to view additional photos, please refer to commercial listing MLS 1910141, 11425 W Ludington Drive, Lake MI. The Rails to Trails runs through the property, so there is all kinds of foot/biking traffic as well. This 44 acre property is currently used as a campground, with 84 total camp sites; 66 of the sites have access to utilities. There is a total gross building area of 13,104 SF, with 2,704 sq ft of that designated to the Pavilion which includes bathrooms and a kitchen area. Also included in the gross building area is a 1508 sq ft home/bunk house that could service grounds keeper or owners. There is an additional 2200 sq ft storage barn, as well as several other smaller buildings, totaling 5 in all. Also on the property is a large 30x60 3ft to 9ft deep inground heated pool with updates done in 2022 with new cover. Think Big! Other possible uses for this property could be an Event Venue, some type of outdoor restaurant-BBQ, or Food Truck site. Additional rustic camping sites or Yurts could possibly be added.
Features & Amenities
Interior
- Appliances:
- Range/Oven,Refrigerator
- Basement:
- MI Basement,Unfinished
- Heating:
- LP/Propane Gas, Forced Air,Wall Heat
Exterior
- General:
- Aluminum,Wood, Inground Pool,Porch,Sidewalks
- Other Structures:
- Shed
- Parking:
- Garage
Construction
- General:
- 2 Story, Michigan Basement
Location
- Originating MLS:
- Central Michigan Association of REALTORS
- School District:
- Farwell Area Schools
- County:
- Clare
Lot
- Zoning:
- See attached legal description in Associated Documents, 18-013-007-200-05
Utilities
- Water:
- Private Well
- Sewer:
- Septic
Financial
- Source:
- Central Michigan Association of REALTORS
This listing courtesy of:
CENTURY 21 SIGNATURE REALTY - CLARE, Lori Gamble
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lake, MI
Housing
- Number of Units
- 5,005
- Median Home Value
- $99,191
- Median Rent
- $556
9.60% of housing units are renter occupied.
44.62% are vacant.
Commute
- Car
-
87.48%
- Public Transportation
-
1.34%
- Walk to Work
-
0.91%
- Work from Home
-
9.28%
- Other
-
0.77%
The median travel time to work is 30 minutes.
People
- Population
- 6,240
- Median Age
- 49.50
- Median Household Size
- 2.36
Education
- High School
-
38.84%
- Associate’s Degree
-
8.18%
- Bachelor’s Degree
-
9.13%
- Graduate Degree
-
3.07%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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