7861 Mystic Lake Road Lake, MI $ 487,999
7861 Mystic Lake Road
$ 487,999
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7861 Mystic Lake Road

Lake, MI, 48632
$ 487,999
Baths0.0 Sq 4,546

Monthly Estimate*

$ 3,409

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Studio

Commercial Property for sale in Lake, MI

for $487,999. This 4,546 square foot building was built in 1960 on a lot size of 0.46.

Turn Key Hardware Store awaiting new owner. Potential is limitless with this investment into your future. Tools for success already in place, including a state-of-the-art computerized paint mixing system, pipe cutting and threading machine, glass cutting to exact fit and screen repair. Keys cut while you wait too! All your land and lake needs will be met with a fully stocked 7-foot shelving throughout the store along with an array of fishing and tackling gear. Full basement for hardware expansion or additional inventory storage. Large overhead door for deliveries along with a forklift. Electrical service has been updated, on demand water heater and generator to power the entire store. Two oversized lots providing plenty of customer parking. Conveniently located in downtown Lake. Servicing multiple surrounding lake communities. Your chance to own a landmark business and a staple in the beautiful Central Michigan area. 2.5 hours from Detroit and 1.5 hours from Grand Rapids. Whether you're a pro of DIY enthusiast, this is your one stop shop.

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Commercial Active

Price

$ 487,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,901

Style

Business

Lot Size

0.46

Year Built

1960

Town/City

Lake

County/Region

Clare

MLS | Web ID

50136951

Features
General
Heating Forced Air
Cooling Central A/C
Water Private Well
Status Active Active
Year Built 1960
Parking Off Street
Water Heater Gas
County Clare
Class COM/IND/BUS OPP
Type Business
Percent Ownership Private
Municipality Garfield Twp
Zoning 1-2 Multi Commercial
Subdivision MI
Commercial Features 110 Volt Power 2 Phase Power ADA Accessible Bath Billboard Cable Internet Installed Cable TV Available Concrete Floor Delivery Area Delivery Door Fixtures Floor Drain Furniture Gas Available Occupied
Area Garfield Twp (18005)
Primary City Lake
Location Corner Lot Main Street
Directions 61 West to 127 South. Follow 127 S and US 10 W to Gibson Ave. Gibson to Mystic Lake.
City Lake
Street Name Mystic Lake
Financial Terms Cash Conventional
Legal Description T17N R6W SEC 23 . 7861 MYSTIC LAKE DR LOTS 15 AND 16 VILLAGE OF CROOKED LAKE 2000 COMBINE FROM 014-50 & 015-01
DOM 27
Postal Code 48632
Price Per Sq Ft 107.35
Coming Soon Turn Key Hardware Store awaiting new owner. Potential is limitless with this investment into your future. Tools for success already in place
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Exterior
Exterior Block
Frontage 203
Lot Size Area 0.46
Lot Dimensions 203x89x146x102
Lot Description Cleared
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Johnny White

Listing Agent

Century 21 Northland

Broker

Johnywhite53@gmail.com

Email

Affordability Calculator

$3,651
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,409
Monthly Property Taxes
$242
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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$487,999 Listed Price

Map


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7861 Mystic Lake Road, Lake, MI, 48632 is a Commercial Property for sale at $487,999 with 4,546 sqft and a lot size of 0.46. 7861 Mystic Lake Road is a studio with 0.0 baths and was built in 1960. The property's zip code is 48632 which is in Lake, MI