2928 Middle Lake Road, Twin Lake, MI 49457 (MLS# 22015390)

2928 Middle Lake Road, Twin Lake, MI 49457

$1,449,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/22015390

Property Type: Commercial Sale Square Footage: 9,104 Lot Size (sq. ft.): 109,771 Status: Sold

Current Price: $1,449,000 List Date: 4/30/2022 Last Modified: 1/13/2023

Overview

Description

South Shore Lodge has 100 ft sandy beach on all sports Twin Lake. Sleeping accommodations total 54 with the main lodge having 7 bedrooms and 4 other cabins each having 2+ bedrooms. Guests enjoy the separate game building and the separate kitchen building. Built in 1909 and fully updated, this facility is booked just six days a week from Memorial Day to Labor Day. This could be a year round destination spot (Christmas, snowmobiling, Valentine's Day, etc.) and the kitchen building could be a year round restaurant, either owner operated or leased out. This is the perfect spot for Airbnb as well as destination vacation. Included is all inventory (furniture, appliances, pontoon, kayaks, row boat, bbq grills, linens, dishes, you name it!).

Listing Details MLS# 22015390

Location Property Info

County: Muskegon
Street #: 2928
Street Name: Middle Lake
Suffix: Road
State: MI
Zip Code: 49457

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 2.52
Lot Square Footage: 109771
Lot Dimensions: 264x86x217x297 and 1114 x 605
Year Built: 1909
Road Frontage: 1378
Year Remodeled: 2021
Total # Units: 9
# Fin Bldg Lvls: 8000
Total # Bldgs: 9
Total SqFt: 9104
Property Use Type: Business
Full Baths: 12
Waterfront: Yes
Body of Water: Twin Lake
School District: Reeths-Puffer

Tax Info

Tax ID #: 6107012100003100
Taxable Value: 233237
SEV: 248900
For Tax Year: 2021
Seller's Annual Property Tax: 8749
Tax Year: 2021
Homestead %: 67
Spec Assessment & Type: none known

Remarks Misc

Directions: M-120 to Twin Lake, West on Blue Lake Rd to Middle Lake Rd

Status Change Info

Under Contract Date: 2022-05-15
Sold Date: 2022-08-12
Sold Price/SqFt: 159.16

More Information

Income and Expenses

Total Actual Rent: 10

Waterfront Options

Water Frontage: 100

Location & Property Info

Cross Streets: Blue Lake and Fowler
Property Sub-Type: Business Opportunity
Area: Muskegon County - M
Municipality: Dalton Twp

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 164.65
Prop Avail for Lease?: No
Current Bldg Use: Resort

Remarks & Misc

Legal: DALTON TOWNSHIP D-0160 SEC 12 T11N R16W PAR IN GOVT LOT 2 SD SEC 12 DESC AS FOL: COM AT THE CENTER OF SD SEC TH N ALG...

Water Type

Lake: Yes

Water Fea. Amenities

All Sports: Yes
Dock: Yes
Private Frontage: Yes

Street Type

Paved: Yes
Public: Yes

Property Use

Business: Yes

Utilities Attached

None: Yes

Sewer

Septic Tank: Yes

Water

Well: Yes

Uses

Recreation: Yes
Restaurant: Yes

Construction Type

Frame/Wood: Yes

Exterior Material

Vinyl Siding: Yes
Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

Proprietorship: Yes

Heat Type

Baseboard: Yes
Forced Air: Yes

Air Conditioning

Window Unit(s): Yes

Business Includes

Equipment: Yes
Furniture: Yes
Inventory: Yes
Real Estate: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes

Driveway

Gravel: Yes
Unpaved: Yes

Docs Req Conf Agrmnt

Financials: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Property Features

Property Use: Business Water Type: Lake Uses: Recreation; Restaurant Ownership: Proprietorship Business Includes: Equipment; Furniture; Inventory; Real Estate Construction Type: Frame/Wood Exterior Material: Vinyl Siding; Wood Siding Roofing: Composition Sewer: Septic Tank Water: Well Utilities Attached: None Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Baseboard; Forced Air Air Conditioning: Window Unit(s) Driveway: Gravel; Unpaved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs Req Conf Agrmnt: Financials Sale Conditions: None

Listing Office: Tucker Benner Realty LLC

Listing Agent: Marilyn K Tucker

Last Updated: January - 13 - 2023

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