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$499,900
5122 Main Street
Onekama, MI 49675
MLS# 24013430
5668 sqft


5122 Main Street, Onekama, MI 49675
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Property Description
Fantastic investment opportunity in the heart of Onekama! Currently used as an approved STR (2 - 2 bed, 2 bath units) and commercial space, with potential to add 2 additional units to the space. Building has been updated over the last few years, with new roof, furnaces, Ac units, windows and more. Exterior was recently updated and freshly painted. Property includes 2 outbuildings, with Portage lake views and creek running right through the property. An incredible setup for income for years to come. Call to schedule a walkthrough today.

Details
Maps
Location & Property Info
County: Manistee
Street #: 5122
Street Name: Main
Suffix: Street
State: MI
Zip Code: 49675
Zip (4): 9701
Cross Streets: Baker & 5th
Property Sub-Type: Retail/Commercial
Area: MasonOceanaManistee - O
Municipality: Onekama Vlg
Office/Contract Info
Status: Active
Current Price: $499,900
List Price: $499,900
Auction or For Sale: For Sale
List Price/SqFt: 88.2
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 2.5
Buyer Agency Type: %
Trans Coord: 1
Trans Coord Type: %
Listing Date: 2024-03-20
Current Bldg Use: Airbnb / Retail
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.24
Lot Square Footage: 10454
Lot Dimensions: 85x152
Year Built: 1911
Road Frontage: 85
Year Remodeled: 2022
Total # Units: 3
# Fin Bldg Lvls: 2
Total # Bldgs: 3
Total SqFt: 5668
Property Use Type: Business
Full Baths: 3
Waterfront: Yes
Body of Water: No Name Creek
School District: Onekama
Statewide Lakes & Rivers: No Name Creek
Tax Info
Tax ID #: 41-150-010-00
Taxable Value: 59535
SEV: 175100
For Tax Year: 2023
Annual Property Tax: 5247
Tax Year: 2023
Spec Assessment & Type: NA
Remarks & Misc
Legal: VILLAGE OF ONEKAMA EAST ADD LOTS 10, 11 & 12, EXC E 40 FT OF LOT 12; ALSO PT GOVT LOT 1, COM AT NE COR OF LOT 11, EAST
Directions: Us 31 North From Manistee, Turn On M-22, Go Eight Miles To Onekama
Waterfront Options
Water Frontage: 132
Property Features
Property Use: Business; Vacant/Owner-User
Water Type: Stream Creek
Water Fea. Amenities: View
Uses: Bar/Tavern/Lounge; Professional/Office; Recreation; Restaurant; Retail; Other
Ownership: LLC
Business Includes: Inventory; Real Estate; Other
Construction Type: Block; Concrete; Frame/Wood
Roofing: Composition
Sewer: Public
Water: Public
Utilities Attached: Natural Gas
Util Avail at St: Cable; Electric; Natural Gas; Public Sewer; Public Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Purchase Terms Avail: Cash; Conventional; Land Contract
Sale Conditions: None

Listing Office: Reeds Realty

Listing Agent: Nathan Harr

Last Updated: March - 20 - 2024

5122 Main Street, Onekama, MI 49675 - MLS# 24013430
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