214 Main Street Lake City, MI 49651

Discover the perfect investment opportunity with the Lake View Motel & Gift Shop, family owned and operated for 40 years and situated on the picturesque shores of Lake Missaukee. The only resort remaining on Lake Missaukee, along with the only gas on the lake with easy access via the fuel dock. This property offers 178.5 feet of prime lakefront, complete with a paved boat ramp and gas pump, making it an ideal spot for water enthusiasts and vacationers alike. The property offers 11 immaculate units, each beautifully maintained and thoughtfully decorated, offering guests a comfortable and stylish stay with breathtaking lake views. The charming gift shop is perfect for showcasing local crafts, souvenirs, and essentials. This well-positioned shop complements the motel, creating additional revenue streams and enhancing guest experience. The owner/manager's apartment is a two bedroom, two bath comfortable residence, providing convenience and privacy while overseeing the operations. Lake View Motel sits immediately adjacent Miltner Park and Public Beach with 100's of feet of beautiful sandy beach. Additional recreational amenities offered directly across the street include Veterans Memorial Park, the public library, tennis, pickleball and basketball courts. This is a unique opportunity to own a well-positioned motel that offers both a serene lakeside setting and proximity to community facilities. Enjoy the lifestyle of lakefront living while managing a profitable business with three revenue streams generated by the motel, gift shop and boat fueling station. Perfect for investors, those looking to expand their real estate portfolio or those simply looking for a lifestyle change. ** The two story motel with seven units was built in 2011; four units attached to the main building were built in 2009; the owners/manager's living area was built in 1987 and the store was updated in appx 2014. All in excellent condition and perfectly maintained.

• General Features
  • Licenses Other
  • Included In Lease None
  • Business Incl Yes
  • Business Name LakeView Motel &Gift Shop
  • Type of Ownership Corporate Owned
  • Approx Year Built 1965
  • Type Retail/Commercial
  • Town T 22N
  • Township Lake
  • Private Shared Private
  • Present Use Retail Store,Recreational/Resort,Other
• Building Features
  • Extras Furniture/Fixtures
  • Foundation Partial, Crawl Space, Slab
  • Heating Cooling Source Natural Gas, Electric
  • Roof Asphalt
  • Heating Cooling Type Forced Air
  • Apx Total Fin SQFT 6,554
• Property Features
  • Water Municipal Water
  • Vacant Land No
  • Univs Design/Barrier Free None
  • Road Public Maintained, Blacktop
  • Body of Water Lake Missaukee
  • Water Front Footage 178
  • Sewer Municipal
  • Parking Parking Lot, Street Parking
  • Exterior Features Vinyl
  • Construction Frame
  • Lot Dimensions 179x122x172x148
  • Location Freestanding