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$ 974,900
Est. payment | /mo
3,879 SqFt
$ 974,900
Est. payment | /mo
3,879 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,879 sqft
Price per Sqft $251
Subdivision Mi
MLS Listing ID 70477105
Year Built 1960
Annual Tax Amount $999
Tax Year 2024
Lot Size 0.800 Acres
Acres 0.8
Lot Dimensions Irregular
Property Sub-Type Business
Property Description
This rare waterfront property on Grand Lake in Presque Isle, Michigan, offers a unique opportunity to acquire a well-established marina with a strong reputation for boat rentals, shrink wrapping, and dock sales, along with a transferable dock distributorship (upon approval). The property boasts 198 feet of lake frontage, a sizable shop, and a marina store ideally positioned next to a large public park, providing potential for expansion into additional income streams like ice cream or coffee. Currently operated as a sole proprietorship, the business already generates attractive income with a solid CAP rate, and with the right vision and team, there's significant potential for growth and increased profitability. Seller will welcome seller financing with a substantial down payment and will
Location
State MI
County Presque Isle
Area Krakow Twp (71006)
Interior
Heating Baseboard
Exterior
Roof Type Composite
Building
Structure Type Frame,Metal,Steel,Wood
Others
Energy Description LP/Propane Gas
Financing Cash,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty LLC
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