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10765 Nichols Road Blue Lake Twp, MI 49425
3,282 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 3,282 sqft
Price per Sqft $441
MLS Listing ID 71025038296
Year Built 1977
Annual Tax Amount $7,028
Lot Size 0.860 Acres
Acres 0.86
Lot Dimensions 85x378x106x439
Property Sub-Type Business Opportunity
Source West Michigan Lakeshore Association of REALTORS®
Property Description
1. **Established Rental Business:** This property is currently operating as a successful short-term rental, providing immediate income potential.
2. **High Demand for Lakefront Properties:** There is a strong demand for vacation rentals in popular West Michigan areas, such as Big Blue Lake, especially for properties with direct lake access.
3. **Diverse Income Streams:** With five individual cottages, you have the flexibility to accommodate various group sizes and generate income from multiple sources.
4. **Positive Market Trends:** West Michigan's tourism industry is thriving, attracting visitors from across the country, particularly those seeking lakefront experiences.
5. **Potential for Appreciation:** Well-maintained lakefront properties in desirable areas tend to appreciate in value over time, offering long-term investment benefits.
**Lifestyle and Personal Enjoyment**
1. **Lakeshore Living:** Enjoy the tranquility and beauty of Big Blue Lake, known for its breathtaking sunsets and recreational opportunities.
2. **Access to Amenities:** Indulge in water sports, fishing, yard games, bonfires, and more, all right at your doorstep.
3. **Ideal for Personal Use:** Use the cottages for personal getaways to create cheri
Location
State MI
County Muskegon
Area Blue Lake Twp
Zoning Residential
Direction 31 N to Russell Rd to Owasippe Rd to Nichols Rd
Body of Water Big Blue Lake
Interior
Heating Forced Air, Radiant
Heat Source Natural Gas, Propane
Exterior
Utilities Available Carbon Monoxide Alarm(s)
Waterfront Description Lake Front,Private Water Frontage,Lake/River Priv
Roof Type Composition
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Other, Well (Existing)
Structure Type Block,Brick,Frame,Other,Vinyl,Wood
Schools
School District Holton
Others
Tax ID 04775000002500
Ownership Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2025
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
Virtual Tour https://grand-media.aryeo.com/videos/0198593a-fac7-70a7-a4d2-545556f67c83
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