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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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10300 W Howard City-edmore , Lakeview, MI 48850
$475,000
Est. Payment: $2,446.01/mo
0 Bed
3 Bath
6068 Sqft
Status: active | Days on site: 27
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

In today's economy choose the wise investment of land - supply and demand- it is the one thing no one can make more of! With an annual Net operating income of nearly $30k and a guaranteed ROI over 6% for the next 5 years- this property leased until 12/31/31, by the State of Michigan, with expanding opportunities as urban sprawl continues and the village of Lakeview (less than 2 miles away) begins to outgrow its borders. Zoned R-R with commercial approval who is to say how high the generated income on this property could go? Take consideration and do not let these dollars pass you by. Square Footage: 6,068 sq ft Valuation calculated by historical purchase price x inflation and investment alongside the current SEV and current lease rents totaling $203,884.80 All information believed to be accurate however, not guaranteed. Buyer and Buyer's agent responsible to verify.

Highlights

Listed by Tenneil Lemmen , 616-648-6803 and Shane H Vansyckle , 616-824-2240 Keller Williams GR North , 616-447-9100. MichRIC

Property Type

Commercial Sale

Lot/Acreage
2.56

Year Built

1975

County

Montcalm

School District

Lakeview

Listing ID

26037049

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Air Cond:Central Air
Fireplaces:
Other:Broadband
Other:Well

Exterior Features

Garage Capacity:34
Roof:Metal
Sewer:Septic Tank
Principal Interest
$2,446
Taxes
$5,292

Home Price

$475,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$95,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,446.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,446.01 $5,291.83 $0.00 $7,737.84
Yearly $29,352.12 $63,502.00 $0.00 $92,854.12
Total $880,563.56 $1,905,060.00 $0.00 $2,785,623.56
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Lakeview, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC