Holton, MI 49425,10765 Nichols RD
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$ 1,375,000
Est. payment /mo
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Pending

10765 Nichols RD Holton, MI 49425

1 Bath

3,282 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 3,282 sqft

Price per Sqft $418

MLS Listing ID 71025038296

Year Built 1977

Property Description

Big Blue Lake 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

Location

State MI

County Muskegon

Area Area61041Bluelaketwp

Interior

Heating ForcedAir, NaturalGas, Propane, Radiant

Exterior

Parking Features Paved

Utilities Available ElectricityConnected, Propane

Waterfront Description AllSportsLake, DockFacilities, LakeFront, PrivateWaterFrontage, PublicLake, WaterAccessRights

View Y/N Yes

View Water

Roof Type Composition

Building

Sewer PrivateSewer

Water Private, Well

Schools

School District Holton

Others

Ownership LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Realcomp MLS
Listed by Buffy Schichtel of Coldwell Banker Woodland Schmidt Grand Haven
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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10765 Nichols RD