12 days on rocket

1263 S Lakeshore Dr, Lake City, MI, 49651

$589,900

Home List Price

$7,005*

Closing Credit

3 Bedrooms
1 Full Bath, 3 Partial
5,820 SqFt
$101/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1263 S Lakeshore Dr, Lake City$589,900

Buyer Closing Credits

$7,005*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, None
Year Built1975
HeatingNatural Gas, Forced Air, Baseboard, Central
CoolingNatural Gas, Central Air
WaterfrontWaterfront
FireplaceNone
MLS #1921533
Lot Size0.37 Acres
StatusActive

About 1263 S Lakeshore Dr

Business is Relocating. Building for sale only. Not business. Where can you find a mixed-use (Commerical/Residential) building for under $100 a sq ft (5820 total sq ft)? This huge income-producing opportunity is the perfect location for a medical building, restaurant, party store, office space, apartments, church, daycare center, five plus AirBNB, etc. Located in the heart of Lake City and across the road from beautiful Lake Missaukee. There is a public beach right across the street. The front of the building has 3/4 large private office spaces (3180 Sq ft).All with their own 1/2 baths. There are 4 bedrooms, 2 baths (2640 sq ft) living quarters in the back. The living quarter features a 1st-floor laundry, a large living room, a huge kitchen, and a family room. There is a fenced-in backyard for kids/pets or additional parking. This property is connected to city water and sewer. Which includes garbage, recycling, and yard waste pickup. The building is currently connected to Spectrum high-speed internet. There is a nice lite sign by the road for advertising your business/businesses. The new roof was put on in the summer of 2021. The parking lot was also resealed/stripped in the summer of 2021. Take advantage of this opportunity. Seller is a licensed Real Estate Broker in the State of Michigan. Shed and Fridge are not included.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1975
  • Living Area: 5,820 SqFt

Listing Office:

  • Office Name: EXIT Realty Land and Lakes
  • Listing Agent: Sara Crawford Martinez

Interior Features

Interior Information:

  • Appliances: Oven/Range, Dishwasher, Ceiling Fan(s)
  • Interior: Bay Window(s), Foyer Entrance, Great Room, Den/Study, Game Room, Drywall
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Patio, Fenced Yard, Aluminum, Vinyl

Parking Information:

  • Attached Garage: No
  • Parking: Blacktop, None

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Baseboard, Central
  • Cooling: Natural Gas, Central Air

School Info

Assigned Schools Information:

  • Lake City High School, Public District Grades 9-12
  • Lake City Middle School, Public District Grades 6-8
  • Lake City Upper Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Lake City, Coner of M-66/Lakeshore Dr. & Kalkaska St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,900
  • Price Per SqFt: $101/SqFt

Tax Information:

  • Annual Amount: $3,795
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1921533

Listing Office:

  • Office Name: EXIT Realty Land and Lakes
  • Listing Agent: Sara Crawford Martinez

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 7:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,795$108,000
2020$3,795$124,000
2019$3,795$121,400
2018$3,795$121,100
2017$5,536$107,400

History based on county public records data.

Payment Calculator

$3,012

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7786068
6
/10
  • Lake City Upper Elementary School

  • 251 Russell St

  • 1.39 miles

  • Public District Grades 3-5

Middle School

school-card-donut-7786069
4
/10
  • Lake City Middle School

  • 5534 W Davis Rd

  • 1.12 miles

  • Public District Grades 6-8

High School

school-card-donut-7786070
5
/10
  • Lake City High School

  • 251 Russell St

  • 1.39 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,190. The majority of Missaukee County, MI residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1263 S Lakeshore Dr

What is the listing price of this property?

The listing price of 1263 S Lakeshore Dr property is $589,900.

What type of property is this?

The property 1263 S Lakeshore Dr is a house located in Lake City, Michigan, 49651.

Is this property for sale now?

Active Listing: 1263 S Lakeshore Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1263 S Lakeshore Dr are:
Lake City Upper Elementary School: GreatSchools Rating 6/10
Lake City Middle School: GreatSchools Rating 4/10
Lake City High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,795 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1263 S Lakeshore Dr has 3 bedrooms and 1 full and 3 half bathrooms.

What is the square footage of this property?

The property 1263 S Lakeshore Dr is 5,820 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1263 S Lakeshore Dr is 1975.

Rocket HomesMichiganMissaukee CountyLake City496511263 S Lakeshore Dr

This home is located at 1263 S Lakeshore Dr in Lake City, MI and zip code 49651. This 5,820 square foot home, which was built in 1975, sits on a 0.37 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $589,900.

In April 2024, from all listings sold in Missaukee County, MI there were more than 3 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. In April 2024 in Missaukee County, MI there were 21.2% more homes for sale than in March 2024. Listings spent 73 days on the market in April 2024, and had a median list price of $215,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources