15412 Red Arrow Lakeside, MI $ 629,000
15412 Red Arrow
$ 629,000
Recently Listed

15412 Red Arrow Lakeside, MI, 49116

$ 629,000
Bedrooms Baths12.0 Sq 4,199

Monthly Estimate*

$ 2,439

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15412 Red Arrow, Lakeside, MI 49116 - Image 1
15412 Red Arrow, Lakeside, MI 49116 - Image 2
15412 Red Arrow, Lakeside, MI 49116 - Image 3
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Commercial Property for sale in Lakeside, MI

for $629,000 with 12 full baths. This 4,199 square foot building was built in 1950 on a lot size of 0.3903 Acre(s).

PLEASE TAKE MATTERPORT WALK THROUGH COTTAGE IN VIRTUAL TOUR IN PHOTOS. See Residential listing for cottage information. It is a true investment property opportunity with the bounty of allowing you to use the property up to 15 days a year for yourself and other days for making repairs, cleaning, etc. The commercial building is rented out year round to two tenants. The cottage has a very strong short term rental history and is rented pretty much all the time from June through earlySeptember. Both buildings generate close to $40, 000 per year after all expenses based on all the information I have been able to collect records including management fee of 23% for short term rentals.The vacancy on the Commercial Building has been ''nada'' for several years. The rentals of the Cottage has been very strong for several years. Total square footage includes cottage and one room apartment. Revenues and Expense summary available by contacting Dan Coffey.

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Commercial Active


$ 629,000

Full Bath


Property Type



$ 7,318



Lot Size

0.3903 Acre(s)

Year Built






MLS | Web ID


Cooling System Central Air
Heating Source Natural Gas
Heating System Forced Air
Sewer Public Sewer
Water Source Lake Other Public Water
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Construction Wood Frame
Parking 1-20 Parking Spaces
Road Frontage Paved
Roof Composition
Siding Wood Exterior
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Acceptable Finance Cash
Utilities Broadband Internet Available Cable Electric Natural Gas Phone
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* Excluded Features
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Listing Agent

Re/Max Harbor Country @ Union Pier



$ 3,049 per month
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Monthly Principal & Interest
Monthly Property Taxes
Monthly Home Insurance

Default based on a 30-year fixed rate of 4.125% 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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River Valley School District


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15412 Red Arrow , Lakeside, MI, 49116 is a Commercial Property for sale at $629,000 with 4,199 sqft and a lot size of 0.3903 Acre(s). 15412 Red Arrow has 12.0 baths and was built in 1950. The property's zip code is 49116 which is in Lakeside, MI