$ 974,900
-
$974,900
Price -
0.8
Acre
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About the Listing 650001916079 - 65140003723980
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 willalso provide training and guidance to help with a successful start-up to continue the success of the Marina. The property could be an owner-occupied property with a few upgrades to the current structure or host a temporary structure for housing.
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Baseboard,Central Air,Propane
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3879
- Basement:
- Other: Baseboard,Central Air
- Water: Well (Existing)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: Irregular
- Roof: Composition
- Others: Frame,Metal Siding,Steel,Wood,Paved
- Sewer: Septic Tank (Existing)
Financial Details
- Tax Amount: $999
- Taxes w/Assessments: N/A
- Tax/Property ID: 06102700000900
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
15279 Us-23 S Krakow Twp, MI 49777
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