Glen Arbor Twp, MI 49630,7194 S Dune

$658,176

$795,000

17.2%
Est.Price: ?

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Est. payment /mo

4,430 SqFt


SOLD DATE : 04/19/2024

Key Details

Sold Price $658,176

Property Type Commercial

Sub Type Business Opportunity

Listing Status Sold

Purchase Type For Sale

Square Footage 4,430 sqft

Price per Sqft $148

Subdivision Na

MLS Listing ID 78080016737

Sold Date 04/19/24

Originating Board Aspire North REALTORS®

Year Built 1956

Lot Size 4.950 Acres

Acres 4.95

Lot Dimensions 414 x 750

Property Description

Located in the heart of Sleeping Bear Dunes National Lakeshore Park between Stocking Drive and the Dune Climb, backing up to the park, on the Sleeping Heritage Bike/Hike trail this resort motel has been enjoyed by generations of guests for its extraordinarily beautiful location. Open all year, Duneswood Resort rests on almost 5 acres at the foot of giant sand dunes between Empire and Glen Arbor. 12 turnkey guest rental units, some with dune views, offer the cabin ambiance of simpler times. They feature TVs, air conditioning, highspeed internet, Michigan-made beds and tongue-and-groove wood walls. Two units include full kitchens and offer year-round income potential. A large Community Room with an extra bathroom, WiFi, a gas fireplace, sofas, games, full kitchen, and dining area has a back door which leads to picnic tables, BBQ grills, a fire circle, yard games and a path to the Nature Tail. Occupancy is virtually 100% in July and August, presenting an opportunity for income growth the rest of the year. An onsite store, closed since COVID, offers potential for merch sales plus existing bicycle rentals. A 300-sq-ft onsite laundry building offers convenient workspace and linen storage. A 500+ sq-ft timber frame barn used for storage has water and electricity. During rare power outages, a back-up generator helps keep water running in all units and electricity in the main units #6 & #7. The resort received a Trip Advisor Silver Level Green Award for thoughtful recycling, composting and use of biodegradable soaps. Area recreation abounds at the nearby Dune Climb, Little Glen Lake public access, Lake Michigan and Pierce Stocking Scenic Drive. Hikers, cyclists and skiers can hop right on the Sleeping Bear Heritage Trail which lies just beyond the motel’s tree-lined front yard. Named the “Most Beautiful Place In America† by Good Morning America viewers, park visitation has exploded.

Location

State MI

County Leelanau

Area Glen Arbor Twp

Zoning Residential

Interior

Heating Forced Air, Wall/Floor Furnace

Heat Source Electric, LP Gas/Propane

Exterior

Waterfront no

Roof Type Asphalt

Building

Foundation Slab

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Frame,Wood

Others

Tax ID 4500613103300

Ownership Private Owned

Acceptable Financing Cash, Conventional, Owner May Carry(Purchase Money Mortgage)

Listing Terms Cash, Conventional, Owner May Carry(Purchase Money Mortgage)

Financing Cash,Conventional,Owner May Carry(Purchase Money Mortgage)

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Christine D Stapleton of Stapleton Realty
Bought with Stapleton Realty

GET MORE INFORMATION

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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