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Listed price in listed location currency (USD).
$974,900

010

MLS® 25030441

Overview

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $999
Days Active 309
Lot Size 
Approx. Age 1960
MLS® Number 25030441

Property Address: 15279 Us Highway 23 S, Presque Isle, MI, 49777-9012

Average square foot calculated using Size range provided by listing agent.

Description

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 provide 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® Number25030441
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 24, 2025List Date
$974,900List Price

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