This commercial dwelling, designed for functionality and comfort, features a spacious sitting area, two large offices, and an additional gathering space complete with a cozy fireplace. The property is move-in ready for use as a commercial office, but could be returned to a home by adding a kitchen area and shower as previously existed. Additional features include a two-car garage, a welcoming front porch, and a patio for outdoor relaxation. Its strategic location, just 1/2 mile south of the Inland Lakes Schools, offers excellent Class A highway exposure. The property is ideally situated near popular recreational attractions in the Indian River area, including Burt Lake, groomed snowmobile trails, the Sturgeon River, the North Central Trail system, and state land.
For sale
$199,900
4878 S Straits Hwy, Indian River, MI 49749
2beds
1,048sqft
:
Get pre-qualified$1,316/mo
Single Family Residence
Built in ----
0.65 Acres Lot
$195,700 Zestimate®
$191/sqft
$-- HOA
What's special
Cozy fireplaceTwo-car garageWelcoming front porchSpacious sitting areaTwo large officesPatio for outdoor relaxation
- 109 days |
- 712 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Billy Andrew 231-420-9231,
COLDWELL BANKER SCHMIDT INDIAN RIVER 231-238-9336
Source: WWMLS,MLS#: 201839327
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: None
Interior area
- Total structure area: 1,048
- Total interior livable area: 1,048 sqft
- Finished area above ground: 1,048
Property
Parking
- Parking features: Driveway
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio/Porch
- Frontage type: None
Lot
- Size: 0.65 Acres
- Dimensions: 75 x 375
- Features: Landscaped
Details
- Parcel number: 16102640002200
- Zoning: Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl, Slab
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: T35N R3W
Location
- Region: Indian River
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $208,200
- Annual tax amount: $1,837
- Date on market: 4/10/2026
- Listing terms: Cash,Conventional Mortgage
- Ownership type: LLC
- Road surface type: Paved
Estimated market value
$195,700
$186,000 - $205,000
$1,291/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $199,900-11.2%$191/sqft |
Source:  WWMLS #201839327 Report a problem | ||
| 4/10/2026 | Listed for sale | $225,000$215/sqft |
Source: WWMLS #201839327 Report a problem | ||
| 9/13/2025 | Listing removed | $225,000$215/sqft |
Source: WWMLS #201833218 Report a problem | ||
| 7/14/2025 | Price change | $225,000-4.3%$215/sqft |
Source: WWMLS #201833218 Report a problem | ||
| 1/29/2025 | Listed for sale | $235,000+343.4%$224/sqft |
Source: WWMLS #201833218 Report a problem | ||
| 3/30/2012 | Sold | $53,000$51/sqft |
Source: WWMLS #276206 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,837 +6.2% | $104,100 +56.5% |
| 2024 | $1,729 +4.2% | $66,500 +7.1% |
| 2023 | $1,660 +1.8% | $62,100 +11.5% |
| 2022 | $1,631 | $55,700 +6.7% |
| 2021 | -- | $52,200 +12.5% |
| 2020 | -- | $46,400 +4.5% |
| 2019 | -- | $44,400 +8% |
| 2018 | -- | $41,100 -15.6% |
| 2017 | -- | $48,700 +39.5% |
| 2016 | -- | $34,900 +1.2% |
| 2015 | -- | $34,500 -12.4% |
| 2014 | -- | $39,400 +20.5% |
| 2012 | -- | $32,700 -1.8% |
| 2011 | -- | $33,300 +2.1% |
| 2010 | -- | $32,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49749
Nearby schools
GreatSchools rating
- 3/10Inland Lakes Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Inland Lakes High SchoolGrades: 6-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Inland Lakes
- High: Inland Lakes
Source: WWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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