Milan Twp, MI 48160,16339 Cone Road
Milan Twp, MI 48160,16339 Cone Road
Milan Twp, MI 48160,16339 Cone Road
Milan Twp, MI 48160,16339 Cone Road
Milan Twp, MI 48160,16339 Cone Road
Milan Twp, MI 48160,16339 Cone Road
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$ 899,900
Est. payment | /mo

1,400 SqFt


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$ 899,900
Est. payment | /mo
Save

1,400 SqFt

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $642

MLS Listing ID 57050169525

Originating Board Southeastern Border Association of REALTORS®

Year Built 1960

Annual Tax Amount $10,347

Lot Size 36.900 Acres

Acres 36.9

Lot Dimensions 577x2045

Property Sub-Type Business And Real Estate

Property Description

Incredible opportunity to own a 37-acre income-producing property with a 6-acre spring-fed lake, located just 17 miles south of Ann Arbor and 30 miles north of Toledo. Known as GetAway Bay, formerly known as Heath Beach, Clearwater Beach, and Milan Beach, this property has operated as a public beach and recreational destination for over 65 years. Under new ownership, it has been significantly improved and revitalized, earning outstanding reviews and strong community support. The property includes a 3-bedroom home with a 2-car garage, a 40x40 boathouse pole barn, a newly built 40x15 store, and a 30x15 public restroom building (currently gutted and ready for renovation). Features include a renovated short-term rental, one active glamping site, and a water park that generates additional revenue. With current income from daily admissions, concessions, short-term rentals, and event space (and expansion potential through glamping, special events, food service, and more) this property is ideal for investors, entrepreneurs, or anyone looking to grow a thriving destination. Includes equipment and water park infrastructure. Business is priced at approximately 40% below valuation based on a 10% cap rate. BATVAI

Location

State MI

County Monroe

Area Milan Twp

Exterior

Exterior Feature Fenced

Waterfront Description Lake/River Priv

Building

Sewer Septic Tank (Existing)

Water Well (Existing)

Additional Building Barn(s), Other

Schools

School District Milan

Others

Tax ID 1102301300

Ownership Corporate/Relocation,Short Sale - No

Acceptable Financing Cash, Contract, Conventional, Other

Listing Terms Cash, Contract, Conventional, Other

Financing Cash,Contract,Conventional,Other

Special Listing Condition Full Service

Realcomp MLS
Listed by Jordan J Bobbitt of Synergy Realty Group

GET MORE INFORMATION

agent
JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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16339 Cone Road