6727 Sherman Dr

Multi-Family: Mixed Use

6727 Sherman Dr, Otter LakeMI 48464

Property Details

Location

Address
6727 Sherman Dr, Otter LakeMI 48464
County
Lapeer
Submarket

Building Size

Building Size
Rentable Space
30,000 SF

Building Details

Type
 Multi-Family: Mixed Use
Number of Buildings
8
Number of Units
8
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
3
Year Built
1934
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
40 Acres
Land (SF)
1,742,400 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

40 Acres Lakefront

30,000 SF$1,200,000

40 Acres Lake Front on 500 Acres of All Sports Otter Lake! This Commercial Property that was previously a rehabilitation center has 8 Buildings on it! Building 1; Open Plan was previously used as a gymnasium, 5 offices, 3 bathrooms. Building 2; Two Story block building w/walkout was laundry area for complex. Building 3; Two Story Residential Building Multi Family House. Building 4; 4 Bedroom House. Building 5; Three Story Apartment Building. Building 6; 30 Bedroom, 3 Floors. Building 7; Large Chapel/Meeting Room & Bedroom's. Building 8; 6 Bay Garage. Natural Gas and Electricity Service the Site. 3000 FT of Water Frontage on Otter, Powder Horn and Mud Lakes. Possible Uses: RV Park, Profit or Non-Profit Origination Camp, Educational Institution, Religious Group, Medical Recovery Rehabilitation, Conference Site, Training Center, Retreat Center, Convalescent Home. Land Contract Terms Available.

This property was occupied until 2011 / Rehabilitation Group. Please be very careful during showing of the property, Property need a lot of TLC, in rough condition. Tons of Potential!! Bring Flashlight. Water & Sewer is connected. Natural Gas, Mechanicals of the buildings are there! Seller willing to negotiate if other terms are needed. BATVAI. Not all information in listing may be accurate. Land Contract Terms Available.

40 Acres Lake Front on 500 Acres of All Sports Otter Lake! This Commercial Property that was previously a rehabilitation center has 8 Buildings on it! Building 1; Open Plan was previously used as a gymnasium, 5 offices, 3 bathrooms. Building 2; Two Story block building w/walkout was laundry area for complex. Building 3; Two Story Residential Building Multi Family House. Building 4; 4 Bedroom House. Building 5; Three Story Apartment Building. Building 6; 30 Bedroom, 3 Floors. Building 7; Large Chapel/Meeting Room & Bedroom's. Building 8; 6 Bay Garage. Natural Gas and Electricity Service the Site. 3000 FT of Water Frontage on Otter, Powder Horn and Mud Lakes. Possible Uses: RV Park, Profit or Non-Profit Origination Camp, Educational Institution, Religious Group, Medical Recovery Rehabilitation, Conference Site, Training Center, Retreat Center, Convalescent Home. Land Contract Terms Available.

This property was occupied until 2011 / Rehabilitation Group. Please be very careful during showing of the property, Property need a lot of TLC, in rough condition. Tons of Potential!! Bring Flashlight. Water & Sewer is connected. Natural Gas, Mechanicals of the buildings are there! Seller willing to negotiate if other terms are needed. BATVAI. Not all information in listing may be accurate. Land Contract Terms Available.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CPIX

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