Commercial SaleBusiness4880 Main Street, Onekama, MI 49675

Basics

  • Date added: Added 1 week ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 6
  • Lot size: 0.26 sq ft
  • Year built: 2023
  • Bathrooms Full: 6
  • Lot Size Acres: 0.26 acres
  • Business Type: Other
  • County: Manistee
  • MLS ID: 25043810

Description

  • Description:

    Beautifully Renovated Historic 5-Plex in the Heart of Onekama. This is a rare opportunity to own a completely rebuilt, turn-of-the-century landmark right in the heart of downtown Onekama. The historic Onekama Hotel was rebuilt from the foundation in 2023 with all-new plumbing, electrical, HVAC, insulation, drywall, windows, roof, porches, and decks. Each unit has its own heating and cooling, on-demand hot water, and the building features a water softening system. All five units are fully furnished with high-quality pieces from West Elm and Pottery Barn, and the property is being sold fully furnished. Suite #1 is a spacious two-bedroom, two-bathroom unit that would be ideal for an on-site owner or private getaway. The remaining four units are one-bedroom, one-bathroom All five are currently operating as successful short-term rentals. Located just one block from Portage Lake and steps from the public park and beach, this walkable location is surrounded by everything Onekama has to offeran ice cream shop, coffee shop, restaurants, and boutique shopping. A couple of the second-story decks even offer views of the lake. Love the outdoors? Whether it's hiking, fishing, biking, or boating, there's something here for everyone. Boaters will appreciate the four marinas on Portage Lake and the direct channel to Lake Michigan, making this a true boater's and fisherman's paradise. Golfers will love being just minutes from Arcadia Bluffs and other top-rated golf courses located north along scenic M-22. And for entertainment, Little River Casino is just a quick seven-minute drive away. Whether you're an investor, a vacation property buyer, or someone looking to live in a vibrant lakeside town, this fully renovated, income-generating property checks every box.

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Location

Building Details

  • Building Area Total: 4400 sq ft
  • Number Of Units Total: 5
  • Heating: Forced Air
  • StoriesTotal: 2
  • Number Of Buildings: 2

Amenities & Features

  • Inclusions: Real Estate, Inventory, Furniture
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Extra Well
  • WaterSource: Well
  • Cooling: Central Air

Fees & Taxes

  • Tax Assessed Value: $300,948
  • Tax Year: 2024
  • Tax Annual Amount: $16,152

School Information

  • High School District: Onekama

Miscellaneous

  • CrossStreet: Mill St and Main
  • Listing Terms: Conventional, Cash

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $1,375,000. It has bedrooms, 6 baths bathrooms, and is . The property was built in 2023 year.

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