97
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$1,350,000
Est. payment /mo
5,550 SqFt
Price Dropped by $150K
16930 W Manilak Drive Mcmillan, MI 49853
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,550 sqft
Price per Sqft $243
MLS Listing ID 50190612
Year Built 1983
Annual Tax Amount $10,216
Tax Year 2024
Lot Size 15.700 Acres
Acres 15.7
Lot Dimensions Irregular
Property Sub-Type Commercial/Industrial
Property Description
Rare Investment Opportunity – Turnkey Lakefront Portfolio Discover an exceptional investor package featuring five fully furnished cabins with 637 feet of shared frontage on Big Manistique Lake—an all-sports lake known for boating, fishing, and recreation. There are two additional parcels included that total about 15 acres. This offering includes developer rights, giving you control over the existing Homeowners Association, plus Condo Units 2, 3, 10, 11, and 12, totaling approximately 5,500 square feet of living space. Also included are buildable Lots 15 and 16 and two larger adjoining parcels, providing room for future expansion or additional development. Big Manistique Lake is one of the Upper Peninsula's most sought-after destinations for outdoor living, offering year-round income potential and endless recreation. Financial statements are available with a signed NDA.
Location
State MI
County Mackinac
Area Portage Twp (49010)
Interior
Cooling None, Wall/Window A/C
Building
Water Private Well
Others
Ownership Private
SqFt Source Builder
Assessment Amount $460
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by GROVER REAL ESTATE-NEWBERRY
NEARBY SCHOOL & BUSINESS
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