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15279 Us 23 S, Presque Isle, MI 49777

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For Sale

$974,900

1 baths • 3,879 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $251.33
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 11523699

Courtesy Of eXp Realty
39555 Orchard Hill Place, Suite 600, Novi, MI
(616) 250-6751

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Water Front
  • Architecture Style
    Cottage
  • Exterior Type
    Wood Siding
  • Roof Type
    Asphalt
  • View Type
    Lake

Map and Directions

Directions to 15279 Us 23 S, Presque Isle, MI 49777

Home seller CENTURY 21 Northland

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northland

(989) 356-2181
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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