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6727 Sherman Drive

Otter Lake Vlg, MI 48464
  • $1,100,000
  • STATUS: Active
  • ON SITE: 137 Days
  • ID#: 2220005995
UPDATED: 34 min ago
$1,100,000
  • 0
    BEDS
  • 40
    ACRES
  • 14
    BATHS
  • 2
    1/2 BATHS
  • 30,000
    SQFT
  • $37
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1934
County:
Zoning:
Commercial
Lot Size Dimensions:
575X261x717x216

School Ratings & Info

School District:

Description

40 Acres Lake Front on 500 Acres of All Sports Otter Lake! This Commercial Property that was previously a rehabilitation center has 8 Buildings on it! Building 1; Open Plan was previously used as a gymnasium, 5 offices, 3 bathrooms. Building 2; Two Story block building w/walkout was laundry area for complex. Building 3; Two Story Residential Building Multi Family House. Building 4; 4 Bedroom House. Building 5; Three Story Apartment Building. Building 6; 30 Bedroom, 3 Floors. Building 7; Large Chapel/Meeting Room & Bedroom's. Building 8; 6 Bay Garage. Natural Gas and Electricity Service the Site. 3000 FT of Water Frontage on Otter, Powder Horn and Mud Lakes. Possible Uses: RV Park, Profit or Non-Profit Origination Camp, Educational Institution, Religious Group, Medical Recovery Rehabilitation, Conference Site, Training Center, Retreat Center, Convalescent Home. Land Contract Terms Available. Also includes parcel number 013-006-009-00.

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp, © 2022 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: 2022-07-02T18:58:10.003.
www.prettyhomerealty.com/homes/125798570
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6727 Sherman Drive Otter Lake Vlg, MI 48464

  • Price: $1,100,000
  • Status: Active
  • On Site: 137 Days
  • Updated: 34 min ago
  • ID#: 2220005995
0
Beds
14
Baths
2
½ Baths
40
Acres
30,000
SQFT
$37
$/SQFT
1934
Built
Neighborhood:
Village Of Otter Lake
County:
Lapeer
Area:
Otter Lake Vlg
School District:
LAKEVILLE
Property Description
40 Acres Lake Front on 500 Acres of All Sports Otter Lake! This Commercial Property that was previously a rehabilitation center has 8 Buildings on it! Building 1; Open Plan was previously used as a gymnasium, 5 offices, 3 bathrooms. Building 2; Two Story block building w/walkout was laundry area for complex. Building 3; Two Story Residential Building Multi Family House. Building 4; 4 Bedroom House. Building 5; Three Story Apartment Building. Building 6; 30 Bedroom, 3 Floors. Building 7; Large Chapel/Meeting Room & Bedroom's. Building 8; 6 Bay Garage. Natural Gas and Electricity Service the Site. 3000 FT of Water Frontage on Otter, Powder Horn and Mud Lakes. Possible Uses: RV Park, Profit or Non-Profit Origination Camp, Educational Institution, Religious Group, Medical Recovery Rehabilitation, Conference Site, Training Center, Retreat Center, Convalescent Home. Land Contract Terms Available. Also includes parcel number 013-006-009-00.
Exterior Features

Architecture Level 2 Story Architecture Style Carriage HouseFarmhouseHistoricTudorBrownstoneWilliamsburg Construction Materials AluminumBlock/Concrete/MasonryBrickStoneStuccoWood Exterior Features Club HouseAwning/Overhang(S) Foundation Details Basement Foundation Features Drainage System Foundation Materials BlockBrick/MortarStonePoured Garage YN Yes Lot Size Dimensions 575X261x717x216 Multifamily Parking Garages Pool YN No Porch Type BalconyPorch - CoveredDeckPorchBreezeway Road Frontage Feet 575 Road Frontage Type Paved Roof Material AsphaltMetalRubber Water Frontage Feet 3000.00 Waterfront Description Lake FrontWater Front Waterfront Features All Sports Lake Waterfront Name Otter Lake Waterfront YN Yes

Interior Features

Basement Type DaylightWalkout AccessCommon Basement YN Yes Baths Total 14.20 Cooling Ceiling Fan(S)Central Air Fireplace YN No Heating BaseboardForced AirSteam Heating Fuel Natural Gas Interior Features Cable Available Living Area Source Other Sq Ft Combined 30000 Sq Ft Total Basement 5000 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel ElectricNatural Gas

Property Features

Assessment 0 Deposit Amount 300000.00 Down Payment Resource YN No Encroachment YN No Existing Lease YN No Gross Scheduled Income 0.00 Homestead YN No Income Projection Actual Land Contract YN Yes Land Interest Rate 5 Land Payment 5000 Land Terms 60 Listing Financing CashContractConventional Monthly Rental Income 0 Net Operating Income 0.00 Number Of Units Leased 0 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Yes Postal City Otter Lake Protection Period 365 Restrictions YN No Settlement Village Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 9275.0000 Tax Amount Winter 395.0000 Title Standard (Private) Total Tax 9670.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 6727 Sherman Drive Water Source Public (Municipal) Year Remodeled 1978 Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Wilhelm & Assoc Inc, Realtorã‚®: (248) 625-9500 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp, © 2022 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: 2022-07-02T18:58:10.003.
 
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