Improved Mixed-Use Land for Sale in Lake City, Michigan

1991 S Morey Rd Lake City, MI 49651

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$299,900
0.36 acres
Active sale$5k dropEst $1,778/mo

The iconic "Cobblestone Station" that welcomes you to the south end of Lake City offers a buyer many options. It has been used as a single family home for the last several years. The home has been completely renovated, keeping the charm of the local field stone in place. The property would make a great office space with full living facilities on the second floor, or used as more office space. Situated on a main corner with a traffic light, and a traffic count of over 10,000 cars a day, the possibilities are endless for what you could do. The main floor offers one large bedroom, bathroom, kitchen, and the living room area which showcases the old stone pillars and stone wall of the home. That area has been office and retail in prior uses. As you enter the upstairs through the arched entryway, you will find another fully finished living space. With an open floor concept there is a full kitchen, bathroom, living room, and bedroom. The architecture of the large dormers allow for plenty of floor space and natural light. Outside you will discover a small guest house, complete with a shower, toilet, and sink area. There is a fenced yard offering privacy and plenty of room to play or park your toys. With no zoning for this township, this property offers many possibilities, and would make a great two unit apartment, office or retail space with living upstairs. It would make a great short term rental investment, with the ability to have 3 separate rentable spaces plus room for RV parking. Downtown Lake City is just a bike ride away where you can enjoy the beaches of Lake Missaukee, the "Greatest Fourth in the North" celebration, and hit all of the eateries and pubs available. Come be a part of this great piece of history and see all of the charm that this property brings. With a large down payment, there could be possibilities for seller assisted financing.

2,151
Sq feet
1930
Built

Directions

Corner of M-66 and Jennings Rd

Location

Street Address
1991 S Morey Rd
Elevation
1,240 feet
Coordinates
44.3098, -85.2145

Property details

MLS Number
TAAR 1922309
Date Posted

Property taxes

Recent
$2,572

This 0.36-acre property is located at 1991 S Morey Rd in Lake City, MI 49651 with latitude 44.3098 and longitude -85.2145. The property is currently available for sale for $299,900. It has a 2,151 sq ft structure built in 1930. Listing data is sourced from Northern Great Lakes Realtors MLS # 1922309.

Verify sale details at the property source or contact Five Star Real Estate at (616) 791-1500.

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Copyright (C) 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.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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