15412 Red Arrow $629,000


    15412 Red Arrow Lakeside, MI 49116

    • 4,199 sq.ft.
    • 0.39 Acres
    • Commercial-Industrial
    MLS# 19001371 | Active


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    Days On Market: 103 9 Views
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    Property Details

    PLEASE TAKE MATTERPORT WALK THROUGH COTTAGE IN VIRTUAL TOUR IN PHOTOS. See Residential listing for information on cottage. True investment property opportunity with the bounty of allowing you to use the property up to 15 days a year for yourself and other days for making repairs, cleaning, etc. The commercial building is rented out year round to two tenants. The cottage has a very strong short term rental history and is rented pretty much all the time from June through early September. Both buildings generate close to $40,000 per year after all expenses based on all the information I have including management fee of 23% for short term rentals. The vacancy on the Commercial Building has been ''nada'' for several years. The rentals of the Cottage has been very stron

    • General Features
      • Area Southwestern Michigan - S
      • Property Sub Type Retail/Commercial
      • Business Includes Non-Applicable
      • SubArea S02 - River Valley School
      • Uses Recreation, Retail
      • Municipality Chikaming Twp
      • New Construction No
      • Construction Type Frame/Wood
      • County Berrien
      • Year Built 1950
      • Annual Property Tax 7317.95
      • Tax Year 2018
    • Building Features
      • Air Conditioning Central
      • Additional Details: Total Parking Spaces 10
      • Water Fea Amenities All Sports, Deeded Access
      • Total SqFt 4199.00
      • Total Number Bldgs 2.00
      • Heat Source Natural Gas
      • Heat Type Forced Air
      • Number Fin Bldg Levels 12.00
    • Property Features
      • Waterfront Y/N No
      • Water Access Y/N Yes
      • Water Type Lake
      • Water Public
      • Utilities Attached Electric, Natural Gas
      • Street Type Paved
      • Util Avail at St Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Telephone
      • Road Frontage 322.00
      • Sewer Public
      • Lot Square Footage 17000.00
      • Lot Measurement Square Feet
      • Lot Dimensions 322 x 238 x 143 Triangle
      • Lot Acres 0.39
    • Schools
      • School District River Valley


    Marshall Dines

    Realtor/Real Estate Consultant


    Direct: 231-487-2552


    49116 (Lakeside) Demographics

    69Median Age
    128Population Density (per sq. mile)
    59%College Educated
    $65,294 Estimated Median Income
    138Estimated Total Home Owners
    10Estimated Total Renters
    93% / 7%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    269Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $1,073,000 Median Sales Price
    2 Homes Sold
    3 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $629,000
        1/10/2019 4:37:00 PM New in Database Source

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