Lake Odessa MI Commercial for Sale

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Type:
Industrial
Sq.Ft.:
2,481
Status:
Active
Beds:
n/a
Lot size:
2,481 Acres
Year built:
1900
Baths:
MLS#:
70441338

ADDITIONAL INFORMATION

Welcome to 1002 4th Avenue. This is your turnkey Airbnb, cafe, bar, and ice cream shop--all under one roof. The sale includes a 2 bedroom 1 bathroom furnished Airbnb. Enjoy a wrap-around deck ideal for outdoor seating, a spacious basement for storage, and kitchen with appliances included. Located in the heart of downtown Lake Odessa, this is a perfect blend of comfort, convenience, and charm for those looking for a unique stay or business opportunity.

Type:
Industrial
Sq.Ft.:
2,310
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1900
Baths:
MLS#:
70422421

ADDITIONAL INFORMATION

Discover an exceptional business investment and management opportunity in the heart of Lake Odessa, MI.C&R's Homestyle Restaurant, in business for over a decade, is one of ''Lake O's'' most popular dining destinations, boasting a current EBITDA of over $150K, with an average 3-year EBITDA of over $130K, and an annual revenue growth of 5-10% - bringing its 2023 revenue total to over $600K.Run by a single owner-operator, plenty of expansion opportunities are available, along with a second-story unfinished apartment that is ready to renovate and lease.Extremely popular with locals, sold at a 1.75 EBITDA multiple, and with real estate listed at just $125K, this business is priced to sell to its next owner.

Type:
Industrial
Sq.Ft.:
3,600
Status:
Active
Beds:
n/a
Lot size:
1.74 Acres
Year built:
1950
Baths:
MLS#:
70301019

ADDITIONAL INFORMATION

Amazing business opportunity in Woodbury, Michigan. Located just East of Lake Odessa at the intersection of M43/M66 & M50 this sport shop & small engine repair has existed for nearly 50 years. It's time for the current owner to retire, this profitable business has served the them well. You could make your small business owning dreams come true now. Complete financials are available to qualified buyer with bank pre-approval or proof of funds. See attached documents for a list of current vendors. Real Estate & Business success is all about location, location, location & it doesn't get better than this! See Video. Decades worth of current customers will be yours. Top notch service has always been a priority for this small business. Price includes: Real Estate, Inventory, Fixtures & Goodwill.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Lake Odessa Real Estate

The median home value in Lake Odessa, MI is $217,500. This is higher than the county median home value of $202,800. The national median home value is $338,100. The average price of homes sold in Lake Odessa, MI is $217,500. Approximately 71.11% of Lake Odessa homes are owned, compared to 19.87% rented, while 9.03% are vacant. Lake Odessa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Odessa real estate agent to arrange a tour today!

Lake Odessa, Michigan has a population of 2,079. Lake Odessa is more family-centric than the surrounding county with 41.77% of the households containing married families with children. The county average for households married with children is 31.12%.

The median household income in Lake Odessa, Michigan is $44,844. The median household income for the surrounding county is $64,436 compared to the national median of $69,021. The median age of people living in Lake Odessa is 36.3 years.

Lake Odessa Weather

The average high temperature in July is 82 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 35.7 inches per year, with 52.5 inches of snow per year.

Lake Odessa Real Estate Market Conditions

  • Median sales price

    $217,500
    12.2% change since last quarter
  • # Active listings

    14
    30-day change

Lake Odessa Schools and Demographics

Education near Lake Odessa, MI

Metric City County
High School Graduates 87.36 91.52
College Degree - 2 year 7.26 10.49
College Degree - 4 year 15.01 16.07
Graduate Degree 5.45 3.71
Expenditures per Student 13,719 13,719
Students per Teacher 17.8 17.8

Elementary Schools near Lake Odessa, MI

School Grades Students P/T Ratio ZIP
Clarksville School KG - 05 114 15.7 48815
Saranac Elementary School PK - 06 535 15.9 48881
Sunfield Elementary School KG - 05 155 17.1 48890
West Elementary School PK - 05 498 19.1 48849
Woodland Elementary School KG - 05 111 13 48897

Middle Schools near Lake Odessa, MI

School Grades Students P/T Ratio ZIP
Lakewood Middle School 06 - 08 423 18.5 48897

High Schools near Lake Odessa, MI

School Grades Students P/T Ratio ZIP
Lakewood High School 09 - 12 630 20 48849
Saranac Junior/Senior High School 07 - 12 479 20.4 48881

Ungraded Schools near Lake Odessa, MI

School Grades Students P/T Ratio ZIP
Lakewood Early Childhood Center UG - UG 0 48897

Demographics near Lake Odessa, MI

Metric City County
Neighborhood Type Small town
Population 2,079 66,564
Population Density 2,336 117
Median Age 36.3 39
People per Household 2.6 2.8
Median Household Income 44,844 64,436
Average Income per Capita 27,279 27,317