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$ 1,449,000
Est. payment /mo
New
10765 Nichols Road Holton, MI 49425
1 Bath
3,282 SqFt
UPDATED:
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.
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
Listed by Coldwell Banker Woodland Schmidt Grand Haven