Address unavailable., Lake, MI 48632

$200,000 Asking Price

2 beds
1 bath
1,000  sqft
Built in 1940

Location location! This commercial/residential combo is set up on the busiest corner in the area, and it's expansive lot and great potential for many uses makes it attractive to investors, flippers, or the aspiring business owner! Most recently used to house a family and a busy restaurant, much of the equipment still remains and is included in the sale. Come and take a look today!

Features & Amenities

Interior

Heating:
Natural Gas, Forced Air

Exterior

General:
Vinyl Siding
Style:
Ranch

Construction

General:
1 Story, Slab

Location

Road/Access:
City/County,Paved Street
Originating MLS:
West Central Association of REALTORS
School District:
Farwell Area Schools
County:
Clare

Lot

Zoning:
T17N R6W SEC 15 8200 W LUDINGTON DR BEG N89 DEG 30'00''E ALG S SEC L 1321.84 FT & N00 DEG 30'14''E ALG E 1/8 L 523.30 FT FROM S 1/4 SEC COR TH N00 DEG 30'14''E 173.00 FT TH N89 DEG 45'45''E 157.35 FT TH S00 DEG 30'14''W 210.61 FT TO N'LY R/W OF US-10 TH ALG R/W LC N76 DEG 45'15''W 161.31 FT TO POB., 013-015-400-04

Financial

Source:
West Central Association of REALTORS

This listing courtesy of:
RE/MAX TOGETHER, Joseph McNally

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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