6400 DETROIT ST $149,900

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    6400 DETROIT ST Otter Lake, MI 48464

    • 2,500 sq. ft.
    • 0.29 Acres
    • Commercial
    • MLS# 40163755
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    Views: 61 Days On Site: 157

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    Property Details

    Working Diner and Ice Cream Shop. Dine in with many tables or Dine out in the picnic area. Great local gathering place to have car shows with a large Village Lot next door for tons of free parking! Located in the Village of Otter Lake, perfect for Summer Campers in nearby Village Campground and Visitors from the busy Southern Lakes Trail way! Great Business opportunity! Very Profitable with low overhead. FAST response to all offers.

    • General Features
      • Acreage 0.29
      • Area Municipality Otter Lake (44030)
      • County Lapeer
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision VILLAGE OF OTTER LAKE W C CUMING'S ADD
      • Waterfront Y/N No
      • Year Built 9999
      • ZONING Commercial
    • Building Features
      • Exterior Construction Aluminum, Brick, Wood
      • Foundation Type Basement, Slab
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
      • Roofing Rubber
    • Property Features
      • Lot Size 129x112x136x84
      • Sewer Septic Public Sanitary

    Contact

    Gary Hobson

    Gary Hobson

    Sales Associate

    RE/MAX EDGE

    Direct: 810-250-8347

    Neighborhood

    48464 (Otter Lake) Demographics

    42 Median Age
    115 Population Density (per sq. mile)
    21% College Educated
    $55,227 Estimated Median Income
    674 Estimated Total Home Owners
    96 Estimated Total Renters
    88% / 12% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    2,128 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $132,700 Median Sales Price
    4 Homes Sold
    7 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $149,900
        9/14/2021 6:20:43 PM Price Reduced Source: Multiple Listing Service New Value: $149,900 -16.68%
        8/31/2021 10:50:23 AM Price Reduced Source: Multiple Listing Service New Value: $179,900 -5.27%
        5/24/2021 2:51:03 PM Price Reduced Source: Multiple Listing Service New Value: $189,900 -5%
        4/15/2021 6:09:00 PM New in Database Source: Multiple Listing Service New Value: $199,900

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.