404 E State Street
Fife Lake, MI 49633
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270' of private water frontage on beautiful Fife Lake. Three completely remodeled, including upgraded heat and electrical, furnished apts. with all utilities included. Two upper level apts: One 3 bdr/1 ba rents for $1,000/Mo and one 2 bdr/1 ba rents for $800/Mo. On the lower level: 1 bdr/1 1/2 ba rents for $750/Mo. Off season rental rates slightly less. All three apts. could be used for Airbnb's or short-term weekly rentals. Additional income generated by rental of 16-24 boat slips at $650 ea/season. The unfinished area on the lower level was previously used successfully as a "bait shop", and could be used as another type of business/store/office. This is a rare opportunity for the right person!!

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Phone: 800-871-9992
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Customer Care
Property Details
Status: Active
Listing Date 04/28/2014
County: Grand Traverse
Acreage: 0.29
Lot Dimensions: irregular
Price/SqFt: $133
Zoning: Commercial, Multi-Family, Retail
Current Use: Retail Store,Recreational/Resort,Marina
Water: Private Well
Features: Furniture/Fixtures
Sub Property Type: Retail/Commercial
Possession: At Closing
Total Finished SqFt: 3,000
Waterfrontage: 270.0
Year Built: 1954
Parking: Assigned, Common
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
Listing Office: Coldwell Banker Schmidt-522
Office Address: 522 E Front St
Listing Number: 1783168
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