4998 N Main Street, Long Lake, Michigan

$650,000

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11

Beds

8

Baths

3,516

Square feet

0.68

Acres

About 4998 N Main Street

Long Lake Lodge is a fully renovated 8-unit lakefront motel on the shores of Long Lake in Northern Michigan, offering approximately. 125 ft of frontage, a 90-ft private sandy beach, two docks, fire pits, BBQ grills, and five guest-use kayaks. This turnkey property includes six rentable units, one community gathering space, and one employee unit. Four units offer direct lake views. Units 1, 2, and 3 are 2-bed, 1 bath suites with kitchenettes and lakefront views. Unit 4 is a 1-bed, 1-bath with a kitchenette and lake views. Street-side units include Unit 5 (1 bed, 1 bath, kitchenette) and Unit 7 (2 bed, 1 bath, kitchenette). Unit 6 is a newly constructed community room featuring a full kitchen, dining space, Smart TV, and full bath - ideal for retreats, group bookings, or family events. Unit 8 is designated for employee use and includes a laundry area (2 washers, 2 dryers), a full bath, and storage. Boat rental business, including two pontoons docked on-site and 5 kayaks with oars and life vests etc, is available for separate purchase and can significantly enhance income potential. The property is fully furnished and operating with modern systems in place. Seller is motivated and has priced the property below the total investment cost. Excellent opportunity to own a commercial lakefront asset with multiple revenue streams and upside potential in a peaceful, natural setting.

Features of 4998 N Main Street

MLS® # 60931318
Price $650,000
Bedrooms 11
Bathrooms 8.00
Full Baths 8
Square Footage 3,516
Acres 0.68
Year Built 1975
Type Residential
Sub-Type Residential
Style Ranch
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 4998 N Main Street
Area Plainfield Twp
Subdivision Suprvr's Plat Of Long Lake Village
City Long Lake
County Iosco
State Michigan
Zip Code 48743

Amenities

Is Waterfront Yes
Waterfront Waterfront, Beach Front
Has Pool No

Interior

Heating Baseboard
Fireplace No
Structure Style 1 Story

Exterior

Exterior Features Porch
Foundation Crawl

School Information

District Hale Area Schools

Additional Information

Foreclosure No
Short Sale Yes
RE / Bank Owned No

Listing Details

OfficeReal Broker LLC

Listing Map

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