7861 Mystic Lake Road $487,999

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    7861 Mystic Lake Road Lake, MI 48632

    • 4,546 sq. ft.
    • 0.46 Acres
    • Commercial
    • MLS# 50136951
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    Views: 3 Days On Site: 32

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    Property Details

    Description Tours

    Turn Key Hardware Store awaiting new owner. Potential is limitless with this investment into your future. Tools for success already in place, including a state-of-the-art computerized paint mixing system, pipe cutting and threading machine, glass cutting to exact fit and screen repair. Keys cut while you wait too! All your land and lake needs will be met with a fully stocked 7-foot shelving throughout the store along with an array of fishing and tackling gear. Full basement for hardware expansion or additional inventory storage. Large overhead door for deliveries along with a forklift. Electrical service has been updated, on demand water heater and generator to power the entire store. Two oversized lots providing plenty of customer parking. Conveniently located in downtown Lake. Servicing multiple surrounding lake communities. Your chance to own a landmark business and a staple in the beautiful Central Michigan area. 2.5 hours from Detroit and 1.5 hours from Grand Rapids. Whether you're a pro of DIY enthusiast, this is your one stop shop.

    • General Features
      • Acreage 0.46
      • Area Municipality Garfield Twp (18005)
      • County Clare
      • Originating MLS Clare Gladwin Board of REALTORS
      • Ownership Private
      • Total SqFt Finished 4546
      • Waterfront Y/N No
      • Year Built 1960
      • ZONING 1-2 Multi,Commercial
    • Building Features
      • Cooling System Central A/C
      • Exterior Construction Block
      • Foundation Type Basement
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Private Well
      • LOT DESCRIPTION Cleared
      • PARKING Off Street
      • Lot Size 203x89x146x102
      • Roads City/County, Paved Street
      • Sewer Septic Septic

    Contact

    David Taljonick

    David Taljonick

    Broker/Owner

    RE/MAX Right Choice

    Direct: 810-845-8833

    Neighborhood

    48632 (Lake) Demographics

    51 Median Age
    38 Population Density (per sq. mile)
    21% College Educated
    $38,594 Estimated Median Income
    1,940 Estimated Total Home Owners
    211 Estimated Total Renters
    90% / 10% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    5,043 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $140,000 Median Sales Price
    7 Homes Sold
    18 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: $487,999
        3/27/2024 11:37:00 AM New in Database Source: Multiple Listing Service New Value: $487,999

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        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.