Property summary
A historic, turn-of-the-century multi-unit building located in downtown Onekama, rebuilt from the foundation in 2023 and featuring new plumbing, electrical systems, HVAC, insulation, drywall, windows, roof, porches, and decks. The building contains five units: one two-bedroom, two-bath unit (Suite #1) and four one-bedroom, one-bath units. Each unit has its own heating and cooling and on-demand hot water, and the building includes a water softening system. Several second-story decks provide views of Portage Lake. The property is situated on a 0.26-acre lot and includes approximately 4,400 square feet of building area. It is zoned Com/Res and is positioned about one block from Portage Lake, with nearby access to a public park and beach, as well as nearby retail and dining; the immediate area supports recreation such as hiking, fishing, biking, boating, and access to nearby golf and marinas.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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