Listing provided courtesy of Keller Williams GR East- MLS# 26027903
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Vicksburg, MI 49097
Multi-Family · 5.28 Acres$3,100,000
Active
Overview
- Time on Site:
- 21 days
- Visits:
- 0
A rare opportunity to own a piece of Michigan history. Nestled along approximately 774 feet of private, all-sports Indian Lake frontage, Lemon Park Resort has been part of the same legacy for generations, with roots tracing back to the mid-1800s. Originally developed from the historic Lemon family homestead, the property was once a thriving lakeside destination featuring a hotel, dance hall, baseball fields, picnic grounds, and more. Today, the 5.277-acre property offers 15 lakefront cottages, a 1,000-square-foot storage barn, and endless possibilities for investors, developers, or those seeking to create a one-of-a-kind waterfront retreat. Currently, 7 cottages are occupied, generating $4,920 per month in gross rental income, while leaving significant upside through additional rentals, redevelopment, renovation, or expansion opportunities. Tenants pay their own gas and electric utilities. Whether you envision preserving the property's rich history, expanding its income potential, creating a private compound, or exploring future development opportunities, properties with this amount of private lake frontage, history, and flexibility rarely become available.
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Facts & Features
- Type Multi-Family
- Lot 5.28 Acres
Details
General
School Information
- Elementary School: Tobey Elementary School
- Middle Or Junior School: Vicksburg Middle School
- High School: Vicksburg High School
Building Information
- New Construction: No
- Year Built: 0
Location/Region
- County Or Parish: Kalamazoo
Rent/Lease Information
- Tenant Pays: Electric,Gas
Tax Information
- Tax Annual Amount: 7668.61
General Information
- Property Sub Type: 5+ Units
- Property Type: Multi Family
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Laundry Features: Other
Exterior
Parking Information
- Parking Features: Driveway,Gravel,Unpaved
Lot Information
- Lot Size Acres: 5.28
- Lot Size Area: 5.28
- Lot Size Dimensions: 821 x 280 (Irregular)
- Lot Size Square Feet: 229866.0
- Lot Size Units: Acres
- Water Source: Well
Waterfront/View
- Water Body Name: Indian Lake
- Waterfront: Yes
Building Exterior/Construction
- Attached Garage: No
- Construction Materials: Aluminum Siding,Vinyl Siding
- Roof: Composition
General Information
- Number Of Units Total: 12
- Sewer: Septic Tank
- Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected
Neighborhood
Community
49097 (Vicksburg) Demographics
42
Median Age
148
Population Density (per sq. mile)
42%
College Educated
$67,219
Estimated Median Income
4,000
Estimated Total Home Owners
579
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.Monthly Cost
Market Data
Based on the last 30 days in this zip code
$395,476
Average List Price
$203
Average Price per Square Foot
17
Properties Sold
77
Average Days on Market
113
Properties for Sale
History
| Date | Value | Agent |
|---|---|---|
| 6/8/2026Source: MichRIC MLS | June 08, 2026 |