$2,900,000
$3,750,000
22.7%For more information regarding the value of a property, please contact us for a free consultation.
27,206 SqFt
SOLD DATE : 01/29/2021
Key Details
Sold Price $2,900,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 27,206 sqft
Price per Sqft $106
MLS Listing ID 78001328194
Sold Date 01/29/21
Originating Board Aspire North REALTORS®
Year Built 1970
Lot Size 8.300 Acres
Acres 8.3
Lot Dimensions 405 X 459
Property Description
This is an excellent opportunity to purchase a long standing business and waterfront real estate in the beautiful northwest corner of northern Michigan. This full service Marina sits on the river between East Grand Traverse Bay and Elk Lake with access to Elk Lake, Skegemog Lake and Torch Lake. The 4.2 Acre property consists of 49 covered boat slips, 62 uncovered boat slips water front fueling station, 4,300 SF showroom/office/mechanic shop, a restroom facility, and a 12,000 onsite storage building. The sale also comes with an offsite 4.0 Acre storage complex consisting of 3 additional cold storage buildings for a total of 27,000 SF of building. In addition to the marina, boat storage, shrink wrapping, and boat maintenance services, Elk River Marina is also the nations leading sales company for Shoreline boat hoists. Continue this successful business venture and add your new ideas for extra upside potential.
Location
State MI
County Antrim
Area Elk Rapids Twp
Zoning Commercial
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Waterfront Description Water Front
Roof Type Metal
Accessibility Disabled Access
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Steel
Others
Tax ID 054302109000
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings
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Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States