Browse Condos in Mackinac Island, Michigan or list your own. Advertise, sell your property, list it for letMackinac Island ( MAK-in-aw) is an island and resort area, covering 4.35 square miles (11.3 km2) in land area, in the U.S. state of Michigan. It is located in Lake Huron, at the eastern end of the Straits of Mackinac, between the state's Upper and Lower Peninsulas. The island was long home to an Odawa settlement and previous indigenous cultures before European colonization began in the 17th century. It was a strategic center of the fur trade around the Great Lakes. Based on a former trading post, Fort Mackinac was constructed on the island by the British during the American Revolutionary War. It was the site of two battles during the War of 1812 before the northern border was settled and the US gained this island in its territory.In the late 19th century, Mackinac Island became a popular tourist attraction and summer colony. Many of the structures on the island have undergone extensive historical preservation and restoration. Because of its historic significance, the entire island is listed as a National Historic Landmark. It is well known for numerous cultural events; a wide variety of architectural styles, including the Victorian Grand Hotel, and its ban on almost all motor vehicles. More than 80 percent of the island is preserved as Mackinac Island State Park.A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned.
Residential condominiums are frequently constructed as apartment buildings, but there has been an increase in the number of "detached condominiums", which look like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association.
Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.Source: https://en.wikipedia.org/