$1,356,800
Whitehall, MI 49461
MLS# 20012802
Status: Sold
22531 sqft
1 / 52
Property Description
Opportunity to own or invest in the iconic Lakeside Inn resort on beautiful White Lake in Whitehall, Michigan. Established in 1913 the resort offers a full-service bar and restaurant, 36 guest rooms, tennis courts, heated pool, and floating docks. The resort is a prime setting for weddings, reunions, retreats or any other special occasion. The owner is seeking new owners or qualified investors/developers to take the resort to the next level, while retaining its current character. The restaurant and bar operation (business only) is also available for the right operator.
Details
Location & Property Info
Cross Streets: South Shore and cul-de-sac
Property Sub-Type: Business Opportunity
Area: Muskegon County - M
Municipality: Fruitland Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 86.55
Prop Avail for Lease?: No
Current Bldg Use: Buzz's Lakeside Inn
General Property Info
New Construction: No
Lot Dimensions: irregular
Road Frontage: 989
Mineral Rights: Unknown
Waterfront: Yes
Body of Water: White Lake
Total # Units: 36
Total # Bldgs: 7
# Fin Bldg Lvls: 3
Total SqFt: 22531
Property Use Type: Business
School District: Whitehall
Lot Measurement: Acres
Lot Acres: 3.95
Lot Square Footage: 172062
Year Built: 1913
Full Baths: 20
Tax Info
Taxable Value: 821629
SEV: 911200
For Tax Year: 2018
Seller's Annual Property Tax: 40067
Tax Year: 2018
Homestead %: 0
Spec Assessment & Type: none known
Non-Conforming Use: No
Zoning: MHDR
Tax ID #: 6106012300001800
Remarks & Misc
Legal: FRUITLAND TOWNSHIP SEC 12 T11N R18W BEG 1552.47 FT N OF SW COR GOV'T LOT 3 TH N 522.58 FT TH S 75 DEG 07' E 261.4 FT TH
Status Change Info
Sold Price/SqFt: 60.22
Under Contract Date: 2020-05-05
Sold Date: 2020-06-26
Sold Price: $1,356,800
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 360
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Dock: 1
Private Frontage: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Propane: 1
Sewer
Septic Tank: 1
Water
Well: 1
Uses
Bar/Tavern/Lounge: 1
Recreation: 1
Restaurant: 1
Construction Type
Frame/Wood: 1
Heat Source
Electric: 1
Natural Gas: 1
Propane: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Heat Type
Baseboard: 1
Forced Air: 1
Air Conditioning
Central Air: 1
Window Unit(s): 1
Docs at List Office
Survey: 1
Business Includes
Non-Applicable: 1
Util Avail at St
None: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Muskegon
Street #: 5700
Street Direction: N
Street Name: Scenic
Suffix: Drive
State: MI
Zip Code: 49461
OfficeContract Info
Status: Sold
Current Price: $1,356,800
List Price: $1,950,000
Listing Date: 2020-04-15
Remarks Misc
Directions: South Shore to Scenic, right on Scenic to property
Property Features
Water Type: Lake
Uses: Bar/Tavern/Lounge; Recreation; Restaurant
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Frame/Wood
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected; Natural Gas Connected; Propane
Util Avail at St: None
Heat Source: Electric; Natural Gas; Propane
Heat Type: Baseboard; Forced Air
Air Conditioning: Central Air; Window Unit(s)
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Survey
Sale Conditions: None
Listing Office: Core Realty Partners LLC
Listing Agent: Bryan D Bench
Last Updated: December - 07 - 2022
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