404 E State Street, Fife Lake 49633

$400,000

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MLS#: 1783168
• For Sale
 
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800-871-9992

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

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Beautiful Fife Lake, this business has 16- 24 boat slips that are rented by the season for $550./season. Completely remodeled, lower level not quite finished, should be completed very soon, all updated electrical and heating. This area has been used successfully as a "bait shop" but could be easily changed to another type of business.Currently has two completely furnished apartments on upper level: one 3br weekly rental $750.-$1,000. (10-14 wks.) Off season rent $700.( 9 mo.s/year) & one 2br weekly rental $650.-$900. (10-14 wks). Off season rent $600.(9mo.s/year.) This is a rare opportunity for the right person.

Property Information    

Status
Active 
Address
404 E State Street 
City
Fife Lake 
Zip
49633 
Year Built
1954 
Listing Date
04/28/2014 
County
Grand Traverse 
Waterfrontage
270.0 
Possession
At Closing 
Parking
Assigned,Common 
Price/SqFt
133.33 

Features

Current Use
Retail Store,Recreational/Resort,Marina 
Features
Furniture/Fixtures 
Zoning
Commercial, Multi-Family, Retail 
Water
Private Well 
Sub Property Type
Retail/Commercial 
Licenses
None 
Exterior Features
Log Siding, Wood 
Cooling
Baseboard, External Wood Burner, Hot Water, Natural Gas, Wood 
Heating
Baseboard, External Wood Burner, Hot Water, Natural Gas, Wood 

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Listing Broker

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Listing Courtesy of Coldwell Banker Schmidt-522
Office Address 522 E Front St