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Off Market
1/35

118 Bridge St
Elk Rapids, MI 49629


HIGHLIGHTS

  • Long Standing Business Opportunity
  • Beautiful Water Frontage
  • Multiple Revenue Streams

OVERVIEW

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.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

27206

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

8.3 AC AC

LAND SF

361,548 SF

ZONING

-

APN/PARCEL ID

05-43-021-090-00