5122 Main Street Onekama, MI $ 499,900
5122 Main Street
$ 499,900
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5122 Main Street

Onekama, MI, 49675
$ 499,900
Baths3.0

Monthly Estimate*

$ 3,492

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Studio

Commercial Property for sale in Onekama, MI

for $499,900 with 3 full baths. This building was built in 1911 on a lot size of 0.24.

Fantastic investment opportunity in the heart of Onekama! Currently used as an approved STR (2 - 2 bed, 2 bath units) and commercial space, with potential to add 2 additional units to the space. Building has been updated over the last few years, with new roof, furnaces, Ac units, windows and more. Exterior was recently updated and freshly painted. Property includes 2 outbuildings, with Portage lake views and creek running right through the property. An incredible setup for income for years to come. Call to schedule a walkthrough today.

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Commercial Active

Price

$ 499,900

Bedrooms

Studio

Full Bath

3

Property Type

Commercial

Taxes

$ 5,247

Style

Retail/Commercial

Lot Size

0.24

Year Built

1911

Town/City

Onekama

County/Region

Manistee

MLS | Web ID

24013430

Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Natural Gas Connected
Possession Close Of Escrow
Roof Composition Concrete
Year Built 1911
Property SubType Retail/Commercial
Tax Year 2023
Business Type Other Professional/Office Restaurant Bar/Tavern/Lounge Retail Recreation
Waterfront Features Stream
County Manistee
New Construction N
Property Type Commercial Sale
Status Active
Directions Us 31 North From Manistee Turn On M-22 Go Eight Miles To Onekama
City Onekama
Body of Water No Name Creek
High School District Onekama
Total Units 3
MLS Area MasonOceanaManistee - O
Lot Size Square Feet 10454.0
Waterfront Y/N Y
Street Name Main
Land Lease Y/N N
Tax Annual Amount 5247.0
Lease Renewal Y/N N
MLS Area Minor MasonOceanaManistee - O
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 33
Standard Status Active
Tax Assessed Value 59535
Ownership Type LLC
Legal Description VILLAGE OF ONEKAMA EAST ADD LOTS 10 11 & 12 EXC E 40 FT OF LOT 12; ALSO PT GOVT LOT 1 COM AT NE COR OF LOT 11 EAST
Senior Community None
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Interior
Total Fireplaces 3
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 3
Street Suffix Street
Electric On Property Y/N N
Total Baths 3
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Exterior
Water Source Public
Inclusions {u'Inventory': True u'Real Estate': True}
Lot Size Area 0.24
Number of Buildings 3
Spa N
Building Area Total 5668.0
Lot Dimensions 85x152
Lot Size Acres 0.24
Lot Size Units Acres
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 5122
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* Excluded Features
List By
Reeds Realty

Broker

nharr.realty@gmail.com

Email

Affordability Calculator

$3,929
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,492
Monthly Property Taxes
$437
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
250741 Elementary School
250868 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$499,900 Listed Price

Map


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5122 Main Street, Onekama, MI, 49675 is a Commercial Property for sale at $499,900 with a lot size of 0.24. 5122 Main Street is a studio with 3.0 baths and was built in 1911. The property's zip code is 49675 which is in Onekama, MI