$650,000 for Sale
4998 n main street, long lake, MI 48743
Beds 11 | Baths 8 | 3,516 Sqft | 0.68 Acres |
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Property Description
Long Lake Lodge is a fully renovated 8-unit lakefront motel on the shores of Long Lake in Northern Michigan, offering approximately. 125 ft of frontage, a 90-ft private sandy beach, two docks, fire pits, BBQ grills, and five guest-use kayaks. This turnkey property includes six rentable units, one community gathering space, and one employee unit. Four units offer direct lake views. Units 1, 2, and 3 are 2-bed, 1 bath suites with kitchenettes and lakefront views. Unit 4 is a 1-bed, 1-bath with a kitchenette and lake views. Street-side units include Unit 5 (1 bed, 1 bath, kitchenette) and Unit 7 (2 bed, 1 bath, kitchenette). Unit 6 is a newly constructed community room featuring a full kitchen, dining space, Smart TV, and full bath—ideal for retreats, group bookings, or family events. Unit 8 is designated for employee use and includes a laundry area (2 washers, 2 dryers), a full bath, and storage. 2024 lodge income totaled $60,428.43; 2025 YTD is $40,661.40. Also operating from the property is Long Lake Pontoon Rentals, a seasonal business generating $7,218.31 in 2024 and $6,197.20 YTD in 2025. This business, including two pontoons docked on-site, is available for separate purchase and can significantly enhance income potential. The property is fully furnished and operating with modern systems in place. Seller is motivated and has priced the property below the total investment cost. Excellent opportunity to own a commercial lakefront asset with multiple revenue streams and upside potential in a peaceful, natural setting.
Waterfront
Water Name: long lake
Water Description: Beach Front,Water Front
General Information
Sale Price: $650,000
Price/SqFt: $185
Status: Active
MLS#: rcomi20250020990
City: plainfield twp
Post Office: long lake
Schools: hale
County: Iosco
Subdivision: suprvr's plat of long lake village
Acres: 0.68
Lot Dimensions: 120 x 246
Bedrooms:11
Bathrooms:8 (8 full, 0 half)
House Size: 3,516 sq.ft.
Acreage: 0.68 est.
Year Built: 1975
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Wood
Exterior: Wood
Basement: No
Foundation : Crawl
Heating: Baseboard
Fuel: Electric
Waste: Septic Tank (Existing)
Watersource: Well (Existing)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,973
Est. Winter Taxes: $643
Legal Description: SUPERVISORS PLAT OF LONG LAKE VILLAGE LOTS 1 & 2 BLK 2

IDX provided courtesy of Realcomp II Ltd. via Prestige Real Estate Group and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Nicholas Bastianelli of EXP Realty Main, Phone: (888) 501-7085