$699,900
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6727 Sherman Drive, Otter Lake, MI 48464

0 Beds
14 Baths
30,000 Sq Ft

42.14 Acres Lake Front on 500 Acres of All Sports Otter Lake! The Value is in the land with possible tear down structures. This Commercial Property that was previously a rehabilitation center has 8 Buildings on it! Building are in need of Extreme repair if that is your intention to keep them. The property has been vacant for over 12 years. It has been Vandalized and building have not been maintained. The History of what the building were - 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; Burnt Down in late October (arson). Building 7; Large Chapel/Meeting Room & Bedroom's. Building 8; 6 Bay Garage. Natural Gas and Electricity Service the Site. City Water & Sewer Connected to property. Water Tower on Site is currently being Leased (Cell Tower) with a income of $325.00 Month. 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. Also includes parcel number # 04763600100 & 01300601000.

  • MLS# 2220005995
  • Date Listed02/14/2022
  • Bedrooms 0
  • Bathrooms 14 Full baths
  • Lot Size 42.14 acres (1,835,618 sq. ft)
  • Sewer Public Sewer (Sewer-Sanitary)
  • Subdivision VILLAGE OF OTTER LAKE
  • Property Type Farm
  • County Lapeer
  • Year Built 1934
  • Water Public (Municipal)
  • Square Feet 30,000 sq. ft
  • Price Per Sq. Ft $23.33

Interior Features

  • Cooling Central Air, Ceiling Fan(s)
  • Heating Gas Heat, Electric Heating, Steam

Exterior / Lot Features

  • Exterior Club House, Awning/ Overhang(s)
  • Roof -
  • Lot Size Acres 42.14
  • Lot Size SQFT 1,835,618.37
  • Lot Features -

Financial Considerations

  • Tax Amount $9,670
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MI / 48464

Source: Walkscore

2/100

Car-Dependent

Walk Score ®

46/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 23/100.

Points of Interest near 6727 SHERMAN Drive, Otter Lake, MI 48464

Frequently Asked Questions for 6727 SHERMAN Drive

Source: Realty.com

6727 SHERMAN Drive, Otter Lake, MI 48464 is a Farm, Residential property listed for $699,900 The property is 30000 sq. ft with 0 bedrooms and 14 bathrooms

Realty.com has 51 photos of 6727 SHERMAN Drive.

Our records indicate that 6727 SHERMAN Drive was built in 1934.

The full address for this home is 6727 SHERMAN Drive, Otter Lake, MI 48464.

6727 SHERMAN Drive has been listed on Realty.com since Mon February 14, 2022

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 23/100.

Listing provided courtesy of: Wilhelm & Associates (tel: 248-625-9500)
Listing agent: Thomas Wilhelm (tel: 248-625-9500) (#196948)

This content last refreshed on 2025-11-30 21:46:13. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 6727 SHERMAN Drive, Otter Lake, MI 48464 : MLS# 2220005995