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$1,375,000
New Listing

4880 Main Street
Onekama Village, MI 49675

For Sale|Business|Active
0
Beds
6
Total Baths
4,400
SqFt
$313
/SqFt
2023
Built
County:
Manistee
4880 Main Street4880 Main Street4880 Main Street4880 Main Street
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Mortgage Calculator

Monthly Payment (Est.)

$6,273
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Beautifully Renovated Historic 5-Plex in the Heart of Onekama. This is a rare opportunity to own a completely rebuilt, turn-of-the-century landmark right in the heart of downtown Onekama. The historic Onekama Hotel was rebuilt from the foundation in 2023 with all-new plumbing, electrical, HVAC, insulation, drywall, windows, roof, porches, and decks. Each unit has its own heating and cooling, on-demand hot water, and the building features a water softening system. All five units are fully furnished with high-quality pieces from West Elm and Pottery Barn, and the property is being sold fully furnished. Suite #1 is a spacious two-bedroom, two-bathroom unit that would be ideal for an on-site owner or private getaway. The remaining four units are one-bedroom, one-bathroomAll five are currently operating as successful short-term rentals. Located just one block from Portage Lake and steps from the public park and beach, this walkable location is surrounded by everything Onekama has to offeran ice cream shop, coffee shop, restaurants, and boutique shopping. A couple of the second-story decks even offer views of the lake. Love the outdoors? Whether it's hiking, fishing, biking, or boating, there's something here for everyone. Boaters will appreciate the four marinas on Portage Lake and the direct channel to Lake Michigan, making this a true boater's and fisherman's paradise. Golfers will love being just minutes from Arcadia Bluffs and other top-rated golf courses located north along scenic M-22. And for entertainment, Little River Casino is just a quick seven-minute drive away. Whether you're an investor, a vacation property buyer, or someone looking to live in a vibrant lakeside town, this fully renovated, income-generating property checks every box.

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Listing Snapshot
Price 
$1,375,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,400 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
2023
MLS® Number 
65025043810
Status 
Active
Property Tax 
$16,152
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.26
Building Features 
Furniture
Cross Street 
Mill St and Main
Disclosures 
Inventory Included
Property Sub Type 
Business
Sewer 
Public Sewer
SqFt Total 
4400
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas Connected
Water Source 
PrivateWell
Zoning 
Other
Interior Features
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
FrameWood Siding
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area51052OnekamaVlg
School District 
Onekama
Schools
School District
Onekama
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Five Star Real Estate (Onekama): [email protected]



IDX provided courtesy of Realcomp II Ltd. via GreaterRegionalAllianceofREALTORS. Copyright © 2025 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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