504 W Lakeshore Drive Kelleys Island, OH $ 1,697,500
504 W Lakeshore Drive
$ 1,697,500
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504 W Lakeshore Drive

Kelleys Island, OH, 43438
$ 1,697,500
Baths0.0

Monthly Estimate*

$ 11,858

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Studio

Commercial Property for sale in Kelleys Island, OH

for $1,697,500. This building was built in 1955 on a lot size of 1.448.

Once In A Lifetime Kelleys Island Lakefront Commercial Opportunity. Multiple Commercial and Residential Buildings on Two Parcel Lakefront Property. Included Are Four Income Producing Rental Units, One Single Family Residential Four Bedroom Ranch, Brewery/Restaurant Building and An Additional Efficiency w/ Garage. All Commercial Contents Are Negotiable To Make Transition For New Owners Simple. Most Of the Buildings On The Property Have Views Of Lake Erie. Lakefront Cottage Has 1130 Sq. Ft., Restaurant/Bar Is 3056 Sq. Ft., Main House 1670 Sq. Ft., Up & Down Apartment 800 Sq. Ft., Apartment With Garage 450 Sq. Ft. Call Today For Your Private Showing!

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Commercial Contingent

Price

$ 1,697,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,827

Style

Lot Size

1.448

Year Built

1955

Town/City

Kelleys Island

County/Region

Erie

MLS | Web ID

5010126

Features
General
Sewer SepticTank
Heating Electric
Cooling Electric WallUnits
Possession Negotiable
Roof Asphalt Fiberglass
Year Built 1955
Stories 1
Township Kelleys Island Village
Levels One
Property SubType MixedUse
Tax Year 2023
Business Type Restaurant Rental Residential Retail
Community Features Lake
Additional Parcels Description 54-01811-000
County Erie
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Status Contingent
Directions Left Out of Ferry - Take Lakeshore Road to 504 W. Lakeshore
City Kelleys Island
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
High School District Kelleys Island LSD - 2203
Waterfront Y/N Y
Carport Y/N N
Street Name Lakeshore
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6827.0
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 45
Standard Status ActiveUnderContract
Middle/Junior School District Kelleys Island LSD - 2203
Elementary School District Kelleys Island LSD - 2203
Year Built Source PublicRecords
Property Sub Type Additional MixedUse
Buyer Agent Compensation Type Item1
Legal Description 1 & 3 CARPENTER RD &ETC 1.0341A
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Interior
Basement None
Furnished Y/N Partially
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Parking Features Garage
Water Source Public
Lot Size Area 1.448
Spa N
Lot Size Acres 1.448
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 504
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* Excluded Features
List By
Jason A Smith

Listing Agent

Re/Max Above & Beyond

Broker

jasononki@gmail.com

Email

Affordability Calculator

$12,426
Per Month
95%
5%
0%
Monthly Principal & Interest
$11,858
Monthly Property Taxes
$569
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4458994 Elementary School
4458870 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2024$1,697,500 Listed Price

Map


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504 W Lakeshore Drive, Kelleys Island, OH, 43438 is a Commercial Property for sale at $1,697,500 with a lot size of 1.448. 504 W Lakeshore Drive is a studio with 0.0 baths and was built in 1955. The property's zip code is 43438 which is in Kelleys Island, OH