For sale
  • $974,900

    15279 Us Highway 23 S, Presque Isle, MI 49777

    0beds
    3,879sqft
    : 
    Single Family Residence
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $251/sqft
    $-- HOA

    What's special

    Waterfront propertySizable shopMarina store
    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 also entertain 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.
    46 days
    on Zillow
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    727
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