404 E State Street Fife Lake, MI 49633

$400,000
404 E State Street, Fife Lake, MI 49633
Call 1-800-839-1363
1783168

Commercial Property for sale in Fife Lake, MI

for $400,000. This 3,000 square foot building was built in 1954.

Property Information

  • $400,000
  • Commercial
  • 3,000 Square Feet
  • Retail
  • Active
  • Built in 1954
  • Fife Lake, MI
  • Grand Traverse County
  • MLS/Web ID is 1783168

Description

Beautiful Fife Lake, this business has 16- 24 boat slips that are rented by the season for $550./season. Completely remodeled, lower level not quite finished, should be completed very soon, all updated electrical and heating. This area has been used successfully as a "bait shop" but could be easily changed to another type of business.Currently has two completely furnished apartments on upper level: one 3br weekly rental $750.-$1, 000. (10-14 wks.) Off season rent $700.( 9 mo.s/year) & one 2br weekly rental $650.-$900. (10-14 wks). Off season rent $600.(9mo.s/year.) This is a rare opportunity for the right person.

Interior 6

Basement

  • Daylight Basement
  • Egress Window
  • Full
  • Outside Entrance to Basement
  • Walkout Stairs

Heating Source

  • Natural Gas
  • Wood

Heating System

  • Baseboard
  • Hot Water
  • Other

Interior

  • Furniture Included in Sale

Sewer

  • Municipal

Water Source

  • Private Well

Exterior 9

Construction

  • Block
  • Frame
  • Timber Frame

Exterior

  • Low Energy Windows

Foundation

  • Block
  • Slab

Parking

  • Assigned Parking
  • Common Parking

Road Frontage

  • Blacktop
  • Public Maintained Road

Roof

  • Asphalt Roof
  • Metal

Siding

  • Log Exterior
  • Wood Exterior

Waterfront Description

  • Deed Access

Zoning

  • Commercial
  • Multi-Family
  • Retail

Miscellaneous 1

Location

  • Freestanding

† Excluded Feature

Neighborhood & Schools

Community: metes and bounds

 See complete school information

Listed By

Broker: COLDWELL BANKER SCHMIDT-522
Phone: (231) 590-3729

404 E State Street , Fife Lake, MI, 49633 is a Commercial Property for sale at $400,000 with 3,000 sqft. 404 E State Street was built in 1954. The property's zip code is 49633 which is in Fife Lake, MI

Get More Info – Our Customer Service Center will contact you between 9:00 AM - 9:00 PM EST

Pricing History

Date Price Price Change Description
9/23/2014 $400,000 23.08 % Price Change
4/29/2014 $325,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Fife Lake $226,586 43 % below $214,650 46 % below
Commerical listings in Fife Lake $321,100 20 % below $274,900 31 % below

Get the facts about Fife Lake, MI!

Population 422
Population Growth (since 2000) 50 %
Median Income $49,177
Median Age 40.25
Households w/ Children 23 %

Residential Dwellings

  • Owned 128
  • Vacant 58
  • Rented 35

Similar Listings

Get More Info – Our Customer Service Center will contact you between 9:00 AM - 9:00 PM EST