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Onekama,MI 49675
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Onekama Vlg
MLS Listing ID 25035709
Year Built 1900
Annual Tax Amount $16,152
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 128 x 55 x126 x 83
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Beautifully Renovated Historic 5-Plex in the Heart of Onekama. This is a rare opportunity to own a completely rebuilt, turn-of-the-century landmark right in the heart of downtown Onekama. The historic Onekama Hotel was rebuilt from the foundation in 2023 with all-new plumbing, electrical, HVAC, insulation, drywall, windows, roof, porches, and decks. Each unit has its own heating and cooling, on-demand hot water, and the building features a water softening system. All five units are fully furnished with high-quality pieces from West Elm and Pottery Barn, and the property is being sold fully furnished. Suite #1 is a spacious two-bedroom, two-bathroom unit that would be ideal for an on-site owner or private getaway. The remaining four units are one-bedroom, one-bathroom All five are currently operating as successful short-term rentals. Located just one block from Portage Lake and steps from the public park and beach, this walkable location is surrounded by everything Onekama has to offeran ice cream shop, coffee shop, restaurants, and boutique shopping. A couple of the second-story decks even offer views of the lake. Love the outdoors? Whether it's hiking, fishing, biking, or boating, there's something here for everyone. Boaters will appreciate the four marinas on Portage Lake and the direct channel to Lake Michigan, making this a true boater's and fisherman's paradise. Golfers will love being just minutes from Arcadia Bluffs and other top-rated golf courses located north along scenic M-22. And for entertainment, Little River Casino is just a quick seven-minute drive away. Whether you're an investor, a vacation property buyer, or someone looking to live in a vibrant lakeside town, this fully renovated, income-generating property checks every box. All five are currently operating as successful short-term rentals. Located just one block from Portage Lake and steps from the public park and beach, this walkable location is surrounded by everything Onekama has to offeran ice cream shop, coffee shop, restaurants, and boutique shopping. A couple of the second-story decks even offer views of the lake. Love the outdoors? Whether it's hiking, fishing, biking, or boating, there's something here for everyone. Boaters will appreciate the four marinas on Portage Lake and the direct channel to Lake Michigan, making this a true boater's and fisherman's paradise. Golfers will love being just minutes from Arcadia Bluffs and other top-rated golf courses located north along scenic M-22. And for entertainment, Little River Casino is just a quick seven-minute drive away. Whether you're an investor, a vacation property buyer, or someone looking to live in a vibrant lakeside town, this fully renovated, income-generating property checks every box.
Location
State MI
County Manistee
Area Masonoceanamanistee - O
Direction M-22 to Main Street in Onekama. Dala house is on the NORTH side of the street.
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Laundry Electric Dryer Hookup,Laundry Room,Main Level,Sink,Washer Hookup
Exterior
Utilities Available Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Composition,Metal
Street Surface Paved
Total Parking Spaces 9
Building
Lot Description Level,Sidewalk,Corner Lot
Sewer Public Sewer
Water Well
Structure Type Vinyl Siding
New Construction No
Schools
School District Onekama
Others
Tax ID 41-050-019-05
Acceptable Financing VA Loan,Cash,Conventional
Listing Terms VA Loan,Cash,Conventional