, Vicksburg, MI 49097 (MLS# 26027903)

Vicksburg, MI 49097

$2,500,000

Property Type: Multi Family Lot Size (sq. ft.): 229,866 Status: Active

Current Price: $2,500,000 List Date: 6/08/2026 Last Modified: 9/03/2026

Overview

Description

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

Supplements: potential, creating a private compound, or exploring future development opportunities, properties with this amount of private lake frontage, history, and flexibility rarely become available.

Listing Details MLS# 26027903

Location Property Info

County: Kalamazoo
State: MI
Zip Code: 49097

General Property Info

Lot Measurement: Acres
Lot Square Footage: 229866
Lot Acres: 5.28
Lot Dimensions: 821 x 280 (Irregular)
New Construction: No
Cert of Compliance: No
Road Frontage: 691
Total # Units: 12
Total # Bldgs: 12
Waterfront: Yes
Body of Water: Indian Lake
Statewide Lakes & Rivers: Indian Lake
School District: Vicksburg
Elementary School: Tobey Elementary School
Middle School: Vicksburg Middle School
High School: Vicksburg High School

Tax Info

Taxable Value: 155344
SEV: 359000
For Tax Year: 2026
Seller's Annual Property Tax: 7668.61
Tax Year: 2026
Spec Assessment & Ty: None Known
Zoning: R-2

Remarks Misc

Directions: Tu Rd etween S 26th St and S 27th St, turn on Lemon Park

Waterfront Options

Water Access Y/N: Yes
Water Frontage: 775

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit Description: 6570 E Tu
Occupied: Yes
Monthly Rent: 625
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: 6560 E Tu
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: 134 Lemon
Occupied: No
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes

Unit 4

Unit Description: 128 Lemon
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit Description: 126 Lemon
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit Description: 124 Lemon
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit Description: 151 Lemon
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 8

Unit Description: 154 Lemon - Studio
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 9

Unit Description: 111 Lemon
Occupied: Yes
Monthly Rent: 625
Bathrooms: Yes
Full Baths: Yes

Unit 10

Unit Description: 159 Lemon
Occupied: Yes
Monthly Rent: 1200
Bathrooms: Yes
Full Baths: Yes

Unit 11

Unit Description: 150 Lemon
Occupied: Yes
Monthly Rent: 1200
Bathrooms: Yes
Full Baths: Yes

Unit 12

Unit Description: 122 Lemon
Occupied: Yes
Monthly Rent: 900
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: Other Water Type: Lake Exterior Material: Aluminum Siding; Vinyl Siding Roofing: Composition Substructure: Partial; Other Sewer: Private Sewer; Septic Tank Water: Well Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available Owner Pays: None Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air; Heat Pump Air Conditioning: Central Air Driveway: Gravel; Unpaved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Negotiable Sale Conditions: None

Listing Office: Keller Williams GR East

Listing Agent: Lucas Howard

Last Updated: September - 03 - 2026

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