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38741 N Jacobs St
Lake Linden, Michigan MI 49945
$550,000 Price
6,150 SqFt
1126776 Listing ID
Opportunity of a lifetime to own and operate a Lighthouse Bed and Breakfast on 369' of sparkling waterfront on Lake Superior in the UP of Michigan. Which is what the current owners ran for 15 years. The historic Jacobsville Lighthouse has 180 degree panoramic views of the Huron Mountains and Keweenaw Bay. Sit back and relax on the back porch and enjoy the views and sounds of the water. It truly is a tranquil experience! The original structure built in 1869 with the addition built in 1962 and a separate 3 unit rental in 2007. The lighthouse portion can have up to 5 bedrooms and the adjacent 1,176 sf. building constructed in 2007 can have 3 separate 1 bedroom rental units overlooking Lake Superior (each with it's own bath and kitchenette)! One unit is finished, one is partially completed, and the upstairs unit needs to be built out. The one finished unit would also make a great mother in law suite. A 50k steel roof was put on in 2018. The newer detached garage/workshop with sauna is 28x36, the original carriage house is 21x30. All furnishings and appliances are included in a sale. Please visit Jacobsville Lighthouse online and you will see additional pictures and video. 10 mbs internet is available on Verizon air card for $10 a month with unlimited usage.
Schedule Showing Virtual Tour
Status Active
County Houghton
Year Built 1869
Property Type Commercial
Commercial
Property Sub Type Comm Bldg/No Business
Dick Walrath
Title: Associate Broker
Email: dick@swoh.us
Office Phone: (906) 482-6955
Office Fax: (906) 482-7699
Cell Phone: (906) 370-8621

Primary Features

County: Houghton
Price Before Reduction: 950000
Price Reduction Date: 2021-08-30T13:57:44+00:00
Price/SqFt: 89.43
Property Sub Type: Comm Bldg/No Business
Property Type: Commercial
Year Built: 1869

Interior

Air Conditioning: None
Basement: Partial
Cable: Not Available
Electric: Yes
Heat: Propane Forced Air, Space Heat
Number of Levels: 2
Supplemental Heat: None

External

Construction: Conventional Frame, Masonry
Exterior: Brick, Hardboard, Stone
Foundation: Crawl Space, Slab, Stone
Outbuildings: Barn, Garage, Workshop
Road Access: Year Round
Road Type: Public
Sewer: Septic
Total Number of Buildings: 5
Trailside: no
Water: Drilled Well
Water View: Great Lake
Waterfront: Great Lake
Wooded: Yes

Location

Area: Torch Lake T
At Ski Resort: No
Body of Water: LAKE SUPERIOR
City/Township/Village: Torch Lake T
Shoreline: Bluff, Flat Rock, Vegetation

Additional

Amenities: Ceiling Fans, Garbage Disposal
Business Type: B & B
Miscellaneous Commercial: Fireplace, Furniture, Lighting, Living Space, Onsite Parking, Restroom(s), Sauna-Interior
Natural Gas: Not Available
Negotiable Items: None
Possession: At Closing
Status Category: Active
Telephone: Yes
Unbranded Visual Link: https://www.youtube.com/watch?v=GwH9Bt4FR10

Financial

Association Fee: NONE
Financing Options: None
Rental Options: No Rental Available
Tax ID: 14-019-002-00 & 14-682-001-00

Zoning Info


© 2021 Upper Peninsula Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of UPMLS. Real estate listings held by IDX Brokerage firms other than State Wide Real Estate of Houghton are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Data last updated: Thursday, December 2nd, 2021 11:46:30 PM. Listing courtesy of DICK WALRATH with STATE WIDE OF HOUGHTON.

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State Wide Real Estate of Houghton (SWOH) is a Michigan real estate firm that works with property owners and buyers to sell and buy property in Michigan's Upper Peninsula. Based in downtown Houghton, the firm's dozen licensed brokers/agents focus on …

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