5700 N Scenic Drive, Whitehall, MI 49461

$1,356,800
Property Type: Commercial Sale Square Footage: 22,531 Lot Size (sq. ft.): 172,062 Status: Sold
Current Price: $1,950,000 List Date: 4/15/2020 Last Modified: 12/07/2022

Description

Opportunity to own or invest in the iconic Lakeside Inn resort on beautiful White Lake in Whitehall, Michigan. Established in 1913 the resort offers a full-service bar and restaurant, 36 guest rooms, tennis courts, heated pool, and floating docks. The resort is a prime setting for weddings, reunions, retreats or any other special occasion. The owner is seeking new owners or qualified investors/developers to take the resort to the next level, while retaining its current character. The restaurant and bar operation (business only) is also available for the right operator.

More Information MLS# 20012802

Location & Property Info

Cross Streets: South Shore and cul-de-sac Property Sub-Type: Business Opportunity Municipality: Fruitland Twp

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 86.55 Prop Avail for Lease?: No Current Bldg Use: Buzz's Lakeside Inn

General Property Info

New Construction: No Lot Dimensions: irregular Road Frontage: 989 Mineral Rights: Unknown Waterfront: Yes Body of Water: White Lake Total # Units: 36 Total # Bldgs: 7 # Fin Bldg Lvls: 3 Total SqFt: 22531 Property Use Type: Business School District: Whitehall Lot Measurement: Acres Lot Acres: 3.95 Lot Square Footage: 172062 Year Built: 1913 Full Baths: 20

Tax Info

Taxable Value: 821629 SEV: 911200 For Tax Year: 2018 Seller's Annual Property Tax: 40067 Tax Year: 2018 Homestead %: 0 Spec Assessment & Type: none known Non-Conforming Use: No Zoning: MHDR Tax ID #: 6106012300001800

Remarks & Misc

Legal: FRUITLAND TOWNSHIP SEC 12 T11N R18W BEG 1552.47 FT N OF SW COR GOV'T LOT 3 TH N 522.58 FT TH S 75 DEG 07' E 261.4 FT TH

Status Change Info

Sold Price/SqFt: 60.22 Under Contract Date: 2020-05-05 Sold Date: 2020-06-26 Sold Price: $1,356,800

Waterfront Options

Water Access Y/N: Yes Water Frontage: 360

Water Type

Lake: 1

Water Fea. Amenities

All Sports: 1 Dock: 1 Private Frontage: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1 Propane: 1

Sewer

Septic Tank: 1

Water

Well: 1

Uses

Bar/Tavern/Lounge: 1 Recreation: 1 Restaurant: 1

Construction Type

Frame/Wood: 1

Heat Source

Electric: 1 Natural Gas: 1 Propane: 1

Sale Conditions

None: 1

Ownership

LLC: 1

Heat Type

Baseboard: 1 Forced Air: 1

Air Conditioning

Central Air: 1 Window Unit(s): 1

Docs at List Office

Survey: 1

Business Includes

Non-Applicable: 1

Util Avail at St

None: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Location Property Info

County: Muskegon Street #: 5700 Street Direction: N Street Name: Scenic Suffix: Drive State: MI Zip Code: 49461 Area: Muskegon County - M

OfficeContract Info

Status: Sold Current Price: $1,356,800 List Price: $1,950,000 Listing Date: 2020-04-15

Remarks Misc

Directions: South Shore to Scenic, right on Scenic to property

Property Features

Water Type: Lake Uses: Bar/Tavern/Lounge; Recreation; Restaurant Ownership: LLC Business Includes: Non-Applicable Construction Type: Frame/Wood Sewer: Septic Tank Water: Well Utilities Attached: Electricity Connected; Natural Gas Connected; Propane Util Avail at St: None Heat Source: Electric; Natural Gas; Propane Heat Type: Baseboard; Forced Air Air Conditioning: Central Air; Window Unit(s) Purchase Terms Avail: Cash; Conventional Docs at List Office: Survey Sale Conditions: None
Listing Office: Core Realty Partners LLC
Listing Agent: Bryan D Bench
IDX
Last Updated: December - 07 - 2022
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