2928 Middle Lake Road, Twin Lake, MI 49457 (MLS# 22015390)

2928 Middle Lake Road, Twin Lake, MI 49457

$1,449,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/22015390

Property Type: Commercial Sale Square Footage: 9,104 Lot Size (sq. ft.): 109,771 Status: Sold

Current Price: $1,449,000 List Date: 4/30/2022 Last Modified: 1/13/2023

Overview

Description

South Shore Lodge has 100 ft sandy beach on all sports Twin Lake. Sleeping accommodations total 54 with the main lodge having 7 bedrooms and 4 other cabins each having 2+ bedrooms. Guests enjoy the separate game building and the separate kitchen building. Built in 1909 and fully updated, this facility is booked just six days a week from Memorial Day to Labor Day. This could be a year round destination spot (Christmas, snowmobiling, Valentine's Day, etc.) and the kitchen building could be a year round restaurant, either owner operated or leased out. This is the perfect spot for Airbnb as well as destination vacation. Included is all inventory (furniture, appliances, pontoon, kayaks, row boat, bbq grills, linens, dishes, you name it!).

Listing Details MLS# 22015390

Location Property Info

County: Muskegon
Street #: 2928
Street Name: Middle Lake
Suffix: Road
State: MI
Zip Code: 49457

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 2.52
Lot Square Footage: 109771
Lot Dimensions: 264x86x217x297 and 1114 x 605
Year Built: 1909
Road Frontage: 1378
Year Remodeled: 2021
Total # Units: 9
# Fin Bldg Lvls: 8000
Total # Bldgs: 9
Total SqFt: 9104
Property Use Type: Business
Full Baths: 12
Waterfront: Yes
Body of Water: Twin Lake
School District: Reeths-Puffer

Tax Info

Tax ID #: 6107012100003100
Taxable Value: 233237
SEV: 248900
For Tax Year: 2021
Seller's Annual Property Tax: 8749
Tax Year: 2021
Homestead %: 67
Spec Assessment & Type: none known

Remarks Misc

Directions: M-120 to Twin Lake, West on Blue Lake Rd to Middle Lake Rd

Status Change Info

Under Contract Date: 2022-05-15
Sold Date: 2022-08-12
Sold Price/SqFt: 159.16

More Information

Income and Expenses

Total Actual Rent: 10

Waterfront Options

Water Frontage: 100

Property Features

Property Use: Business Water Type: Lake Uses: Recreation; Restaurant Ownership: Proprietorship Business Includes: Equipment; Furniture; Inventory; Real Estate Construction Type: Frame/Wood Exterior Material: Vinyl Siding; Wood Siding Roofing: Composition Sewer: Septic Tank Water: Well Utilities Attached: None Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Baseboard; Forced Air Air Conditioning: Window Unit(s) Driveway: Gravel; Unpaved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs Req Conf Agrmnt: Financials Sale Conditions: None

Listing Office: Tucker Benner Realty LLC

Listing Agent: Marilyn K Tucker

Last Updated: January - 13 - 2023

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