10765 Nichols Road new

Holton,MI 49425

$ 1449000

- Bed

1 Bath

3282 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,282 sqft

Price per Sqft $441

Municipality Blue Lake Twp

MLS Listing ID 25038296

Full Baths 1

Year Built 1977

Annual Tax Amount $7,028

Tax Year 2024

Lot Size 0.860 Acres

Acres 0.86

Lot Dimensions 85x378x106x439

Property Sub-Type Business

Property Description

Big Blue Cottages: Your Lakeside Legacy Awaits on Big Blue Lake-Escape to your paradise at beautiful Big Blue Lake in Michigan. This exceptional property invites you to own a thriving vacation rental business while fully embracing the idyllic lake life. Imagine waking up to serene lake views and ending your days with breathtaking sunsets that paint the sky.
The Best of Both Worlds: Live on Site:
Reside in a lovely 2-bedroom, 2-bathroom home, which includes a garage and extra storage sheds for your convenience.
Thriving Vacation Rental Business:
Manage five charming knotty pine cottages, each offering comfortable accommodations and stunning views of the lake.
Flexible Income Potential:
Rent out the owner's home for additional income or enjoy it as your personal retreat. **Excellent Investment Opportunity**
1. **Established Rental Business:** This property is currently operating as a successful short-term rental, providing immediate income potential.
2. **High Demand for Lakefront Properties:** There is a strong demand for vacation rentals in popular West Michigan areas, such as Big Blue Lake, especially for properties with direct lake access.
3. **Diverse Income Streams:** With five individual cottages, you have the flexibility to accommodate various group sizes and generate income from multiple sources.
4. **Positive Market Trends:** West Michigan's tourism industry is thriving, attracting visitors from across the country, particularly those seeking lakefront experiences.
5. **Potential for Appreciation:** Well-maintained lakefront properties in desirable areas tend to appreciate in value over time, offering long-term investment benefits.
**Lifestyle and Personal Enjoyment**
1. **Lakeshore Living:** Enjoy the tranquility and beauty of Big Blue Lake, known for its breathtaking sunsets and recreational opportunities.
2. **Access to Amenities:** Indulge in water sports, fishing, yard games, bonfires, and more, all right at your doorstep.
3. **Ideal for Personal Use:** Use the cottages for personal getaways to create cherished memories with family and friends.
4. **Flexibility and Freedom:** Choose to rent out the cottages when you're not using them, allowing you to generate income while still enjoying the benefits of lakefront ownership.
5. **Community and Relaxation:** Experience the friendly and relaxed atmosphere of Holton, Michigan, surrounded by nature's beauty. **Excellent Investment Opportunity**
1. **Established Rental Business:** This property is currently operating as a successful short-term rental, providing immediate income potential.
2. **High Demand for Lakefront Properties:** There is a strong demand for vacation rentals in popular West Michigan areas, such as Big Blue Lake, especially for properties with direct lake access.
3. **Diverse Income Streams:** With five individual cottages, you have the flexibility to accommodate various group sizes and generate income from multiple sources.
4. **Positive Market Trends:** West Michigan's tourism industry is thriving, attracting visitors from across the country, particularly those seeking lakefront experiences.
5. **Potential for Appreciation:** Well-maintained lakefront properties in desirable areas tend to appreciate in value over time, offering long-term investment benefits.
**Lifestyle and Personal Enjoyment**
1. **Lakeshore Living:** Enjoy the tranquility and beauty of Big Blue Lake, known for its breathtaking sunsets and recreational opportunities.
2. **Access to Amenities:** Indulge in water sports, fishing, yard games, bonfires, and more, all right at your doorstep.
3. **Ideal for Personal Use:** Use the cottages for personal getaways to create cherished memories with family and friends.
4. **Flexibility and Freedom:** Choose to rent out the cottages when you're not using them, allowing you to generate income while still enjoying the benefits of lakefront ownership.
5. **Community and Relaxation:** Experience the friendly and relaxed atmosphere of Holton, Michigan, surrounded by nature's beauty.

Location

State MI

County Muskegon

Area Muskegon County - M

Direction 31 N to Russell Rd to Owasippe Rd to Nichols Rd

Body of Water Big Blue Lake

Interior

Interior Features Broadband

Heating Forced Air,Radiant

Inclusions Inventory, Furniture, Equipment

Exterior

Utilities Available Electricity Connected,Propane

Waterfront Description Lake

View Y/N No

Roof Type Composition

Street Surface Paved

Building

Water Private Water,Well

Structure Type Vinyl Siding,Wood Siding,Other,Brick

New Construction No

Schools

School District Holton

Others

Tax ID 04-775-000-0025-00

Ownership LLC

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/25038296

View More
Favorite Go Tour