$650,000 Price Analysis    ♡   Lake, MI 48632 8 bed 1 bath 1,508 SqFt ($431/SqFt) 44.0 acre lot. Built 1940 Listed 2024-03-26 | ✓ USDA Eligible near Lake, MI |
If you are looking for a property that will generate income where you can live as well
Then the possibilities are ENDLESS with this turn key home/business. High visibility with tremendous location west of Farwell on US 10/Ludington drive in western Clare County. For more information on this property and to view additional photos, please refer to commercial listing MLS 1910141, 11425 W Ludington Drive, Lake MI. The Rails to Trails runs through the property, so there is all kinds of foot/biking traffic as well. This 44 acre property is currently used as a campground, with 84 total camp sites; 66 of the sites have access to utilities. There is a total gross building area of 13, 104 SF, with 2, 704 sq ft of that designated to the Pavilion which includes bathrooms and a kitchen area. Also included in the gross building area is a 1508 sq ft home/bunk house that could service grounds keeper or owners. There is an additional 2200 sq ft storage barn, as well as several other smaller buildings, totaling 5 in all. Also on the property is a large 30x60 3ft to 9ft deep inground heated pool with updates done in 2022 with new cover. Think Big!
Other possible uses for this property could be an Event Venue, some type of outdoor restaurant-BBQ or Food Truck site. Additionl rustic camping sites or Yurts could possibly be added.
Presented by Lori Gamble at
CENTURY 21 SIGNATURE REALTY.
Property MLS #1920525 from NGLRMLS
Bedroom 1 Dimensions: 10 x 11.6
Full Bathrooms: 1
Bathrooms On Main Level: 1
Paneling
Oven/Range
Forced Air
Wall
Sidewalk
Countryside View
Porch
Roads: Public Maintained, Blacktop
Some Lowland Areas
Level
Lot Description: Metes and Bounds
Lot Size Acres: 44.0
Lot Size Dimensions: see attached survey
Lot Size Square Feet: 1916640
Garage Description: Detached
Calculated Total Monthly Association Fees: 0
Map directions Map directionsCounty: Clare
Directions: Heading west through Lake on Ludington Drive, property located on the south side of road past west of Partridge Avenue.
Ownership: Corporate Owned
Source Property Type: Residential
Township: Garfield
Zoning: Residential, Multi-Family
Property Subtype: Single Family
Source System Name: C2C
$650,000
NGLRMLS
Year Built: 1940
Above Grade Finished Area: 1508
Below Grade Unfinished Area: 1508
Building Exterior Type: Aluminum, Wood
Other Buildings: Garden/Storage Shed
Construction Materials: Frame
Foundation Details: Michigan Basement, Unfinished
Property Age: 84
Roof: Asphalt
House Style: 2 Story
Water Source: Private Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.