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$650,000
Est. payment /mo
11 Beds
8 Baths
3,516 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,516 sqft
Price per Sqft $184
Subdivision Suprvr'S Plat Of Long Lake Village
MLS Listing ID 60382161
Style 1 Story
Bedrooms 11
Full Baths 8
Abv Grd Liv Area 3,516
Year Built 1975
Annual Tax Amount $2,616
Lot Size 0.680 Acres
Acres 0.68
Lot Dimensions 120 x 246
Property Sub-Type Single Family
Property Description
Long Lake Lodge is a fully renovated 8-unit lakefront motel on the shores of Long Lake in Northern Michigan, offering approximately. 125 ft of frontage, a 90-ft private sandy beach, two docks, fire pits, BBQ grills, and five guest-use kayaks. This turnkey property includes six rentable units, one community gathering space, and one employee unit. Four units offer direct lake views. Units 1, 2, and 3 are 2-bed, 1 bath suites with kitchenettes and lakefront views. Unit 4 is a 1-bed, 1-bath with a kitchenette and lake views. Street-side units include Unit 5 (1 bed, 1 bath, kitchenette) and Unit 7 (2 bed, 1 bath, kitchenette). Unit 6 is a newly constructed community room featuring a full kitchen, dining space, Smart TV, and full bath - ideal for retreats, group bookings, or family events. Unit 8 is designated for employee use and includes a laundry area (2 washers, 2 dryers), a full bath, and storage. 2024 lodge income totaled $60,428.43; 2025 YTD is $40,661.40. Also operating from the property is Long Lake Pontoon Rentals, a seasonal business generating $7,218.31 in 2024 and $6,197.20 YTD in 2025. This business, including two pontoons docked on-site, is available for separate purchase and can significantly enhance income potential. The property is fully furnished and operating with modern systems in place. Seller is motivated and has priced the property below the total investment cost. Excellent opportunity to own a commercial lakefront asset with multiple revenue streams and upside potential in a peaceful, natural setting.
Location
State MI
County Iosco
Area Plainfield Twp (35007)
Interior
Heating Baseboard
Exterior
Garage No
Building
Story 1 Story
Foundation Crawl
Water Private Well
Architectural Style Ranch
Structure Type Wood
Schools
School District Hale Area Schools
Others
Energy Description Electric
Financing Cash,Conventional
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Listed by EXP Realty Main