Lemon, Vicksburg, MI, 49097
Basics
- Date added: Added 2 weeks ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 15
- Lot size: 5.28 sq ft
- Year built: 0
- Bathrooms Full: 15
- Lot Size Acres: 5.28 acres
- Business Type: Other
- County: Kalamazoo
- MLS ID: 26026759
Description
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Description:
A rare opportunity to own a piece of Michigan history. Nestled along approximately 774 feet of private, all-sports Indian Lake frontage, Lemon Park Resort has been part of the same family legacy for generations, with roots tracing back to the mid-1800s. Originally developed from the historic Lemon family homestead, the property was once a thriving lakeside destination featuring a hotel, dance hall, baseball fields, picnic grounds, and more.
Show all description
Today, the 5.277-acre property offers 15 lakefront cottages, a 1,000-square-foot storage barn, and endless possibilities for investors, developers, or those seeking to create a one-of-a-kind waterfront retreat. Currently, 7 cottages are occupied, generating $4,920 per month in gross rental income, while leaving significant upside through additional rentals, redevelopment, renovation, or expansion opportunities. Tenants pay their own gas and electric utilities.
Whether you envision preserving the property's rich history, expanding its income potential, creating a private family compound, or exploring future development opportunities, properties with this amount of private lake frontage, history, and flexibility rarely become available.
Location
- Directions: Tu Rd etween S 26th St and S 27th St, turn on Lemon Park
Building Details
- Building Area Total: 0 sq ft
- Number Of Units Total: 15
- Construction Materials: Vinyl Siding, Metal Siding
- Sewer: Septic Tank
- Heating: Forced Air, Heat Pump
- StoriesTotal: 15
- Roof: Composition
- Foundation Details: Slab
- Number Of Buildings: 15
Amenities & Features
- Inclusions: Non-Applicable
- Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
- Waterfront Features: Lake
- WaterSource: Well
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $155,344
- Tax Year: 2026
- Tax Annual Amount: $7,668.61
School Information
- High School District: Vicksburg
- HighSchool: Vicksburg High School
- Middle Or Junior School: Vicksburg Middle School
- Elementary School: Tobey Elementary School
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: E TU Ave
- Listing Terms: Conventional, Cash
- Tenant Pays: Electric, Gas