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214 Main Street

Lake Twp, MI 49651
  • $1,100,000
  • STATUS: Active
  • ON SITE: 242 Days
  • ID#: 77080050056
UPDATED: 20 min ago
$1,100,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,554
    SQFT
  • $168
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
179x122x172x148

School Ratings & Info

School District:

Description

Discover the perfect investment opportunity with the Lake View Motel & Gift Shop, family owned and operated for 40 years and situated on the picturesque shores of Lake Missaukee. The only resort remaining on Lake Missaukee, along with the only gas on the lake with easy access via the fuel dock. This property offers 178.5 feet of prime lakefront, complete with a paved boat ramp and gas pump, making it an ideal spot for water enthusiasts and vacationers alike. The property offers 11 immaculate units, each beautifully maintained and thoughtfully decorated, offering guests a comfortable and stylish stay with breathtaking lake views. The charming gift shop is perfect for showcasing local crafts, souvenirs, and essentials. This well-positioned shop complements the motel, creating additional revenue streams and enhancing guest experience. The owner/managers apartment is a two bedroom, two bath comfortable residence, providing convenience and privacy while overseeing the operations. Lake View Motel sits immediately adjacent Miltner Park and Public Beach with 100s of feet of beautiful sandy beach. Additional recreational amenities offered directly across the street include Veterans Memorial Park, the public library, tennis, pickleball and basketball courts. This is a unique opportunity to own a well-positioned motel that offers both a serene lakeside setting and proximity to community facilities. Enjoy the lifestyle of lakefront living while managing a profitable business with three revenue streams generated by the motel, gift shop and boat fueling station. Perfect for investors, those looking to expand their real estate portfolio or those simply looking for a lifestyle change. ** The two story motel with seven units was built in 2011; four units attached to the main building were built in 2009; the owners/manager's living area was built in 1987 and the store was updated in appx 2014. All in excellent condition and perfectly maintained.

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-29T10:59:16.597.
www.prettyhomerealty.com/homes/154331725
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214 Main Street Lake Twp, MI 49651

  • Price: $1,100,000
  • Status: Active
  • On Site: 242 Days
  • Updated: 20 min ago
  • ID#: 77080050056
0
Beds
0
Baths
0
½ Baths
0.5
Acres
6,554
SQFT
$168
$/SQFT
1965
Built
Neighborhood:
None
County:
Missaukee
Area:
Lake Twp
School District:
LAKE CITY
Property Description
Discover the perfect investment opportunity with the Lake View Motel & Gift Shop, family owned and operated for 40 years and situated on the picturesque shores of Lake Missaukee. The only resort remaining on Lake Missaukee, along with the only gas on the lake with easy access via the fuel dock. This property offers 178.5 feet of prime lakefront, complete with a paved boat ramp and gas pump, making it an ideal spot for water enthusiasts and vacationers alike. The property offers 11 immaculate units, each beautifully maintained and thoughtfully decorated, offering guests a comfortable and stylish stay with breathtaking lake views. The charming gift shop is perfect for showcasing local crafts, souvenirs, and essentials. This well-positioned shop complements the motel, creating additional revenue streams and enhancing guest experience. The owner/managers apartment is a two bedroom, two bath comfortable residence, providing convenience and privacy while overseeing the operations. Lake View Motel sits immediately adjacent Miltner Park and Public Beach with 100s of feet of beautiful sandy beach. Additional recreational amenities offered directly across the street include Veterans Memorial Park, the public library, tennis, pickleball and basketball courts. This is a unique opportunity to own a well-positioned motel that offers both a serene lakeside setting and proximity to community facilities. Enjoy the lifestyle of lakefront living while managing a profitable business with three revenue streams generated by the motel, gift shop and boat fueling station. Perfect for investors, those looking to expand their real estate portfolio or those simply looking for a lifestyle change. ** The two story motel with seven units was built in 2011; four units attached to the main building were built in 2009; the owners/manager's living area was built in 1987 and the store was updated in appx 2014. All in excellent condition and perfectly maintained.
Exterior Features

Construction Materials FrameVinyl Foundation Details CrawlSlabBasement Lot Size Dimensions 179x122x172x148 Roof Material Asphalt Waterfront Description Water Front Waterfront Name Lake Missaukee

Interior Features

Heating Cooling Forced Air Heating Fuel ElectricNatural Gas Room Count 0

Property Features

Business Licenses Other Business Type RecreationalRetail Current Use RecreationRetail Land Contract YN No Listing Financing CashOtherOwner May Carry(Purchase Money Mortgage) Ownership Status Corporate/Relocation Possession Negotiable Postal City Lake City Settlement Township Sewer Public Sewer (Sewer-Sanitary) Short Sale Unknown Title Corporate/Relocation Unparsed Address 214 Main Street Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via COLDWELL BANKER SCHMIDT REALTORS-HL: (989) 366-5522 and Northeastern Michigan Board of R, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-29T10:59:16.597.
 
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The Calhoun Team of Pretty Home Realty
261 E Maple
Birmingham MI, 48009