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    395 S Peninsula Road

    East Jordan, MI 49727
    • $5,995,000
    • STATUS: Active
    • ON SITE: 98 days
    • MLS #: 1876106
    UPDATED: 81 min ago
    $5,995,000
    • 0
      BEDS
    • 50
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $500
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Description

    COMMERCIAL ZONING on Lake Charlevoix. RARE opportunity -- this 50 acre parcel with 1350 feet of frontage on Lake Charlevoix is a rare, rare opportunity. It could be any number of things -- a marina, a resort, condos. Currently a classic old resort with 12 cabins and a main house that generates enough $$ to pay holding costs while you plan for future development. $6 million appraisal on file. Motivated Seller.

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-09-26T15:51:56.1.
    www.boermarealty.com/homes/107018176
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    395 S Peninsula Road East Jordan, MI 49727

    • Price: $5,995,000
    • Status: Active
    • Updated: 81 min ago
    • MLS #: 1876106
    0
    Beds
    0
    Baths
    0
    ½ Baths
    50
    Acres
    12,000
    SQFT
    $500
    $/SQFT
    1947
    Built
    Neighborhood:
    Cedar Rest Resort
    County:
    Charlevoix
    Area:
    Charlevoix
    Property Description
    COMMERCIAL ZONING on Lake Charlevoix. RARE opportunity -- this 50 acre parcel with 1350 feet of frontage on Lake Charlevoix is a rare, rare opportunity. It could be any number of things -- a marina, a resort, condos. Currently a classic old resort with 12 cabins and a main house that generates enough $$ to pay holding costs while you plan for future development. $6 million appraisal on file. Motivated Seller.
    Exterior Features

    Body Of Water Lake Charlevoix Construction Other Exterior Features Other Foundation Other Lake Size Huge Lot Dimensions 1556X1348x1661x1319 Parking Other Road Public Maintained Roof Other Water Front Footage 1348

    Interior Features

    Heating Cooling Type Forced Air

    Property Features

    Business Incl Yes Business Name Cedar Rest Resort Deeded Waterfront Yes Documents On File Legal DescriptionSurveyAgency DisclosureOther Eco Features No Energy Efficient Not Applicable Extras Additional BuildingsOverhead Door(S)Reinforced Concrete Floor Heating Cooling Source Propane Gas Included In Lease None Inventory Incl Yes Licenses None Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession Negotiable Present Use Recreational/Resort Private Shared Private Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 3 Sewer Private Septic Terms 1031 ExchangeCashCommercial LoanConventional Mortgage Township South Arm Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Private Well Water Conservation Not Applicable Zoning AgriculturalCommercial



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-09-26T15:51:56.1.
     
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    Boerma Realty, LLC
    524 E Mosher St., Suite 200
    Mt. Pleasant MI, 48858