7332 S M-37 - Hospitality FOR SALE


Baldwin, MI 49304
$1,175,000 USD
517-242-2000
7332 S M-37, Baldwin, MI for Sale
$1,175,000 USD
Hospitality - FOR SALE
1/43
null | Request Cap Rate

7332 S M-37
Baldwin, MI 49304


HIGHLIGHTS

  • Large Group Accommodations - " Blessing of the Bikes" - Troutarama
  • Beautiful On Site Home
  • Extensive Park Upgrades
  • Updated bathrooms and Bathhouse
  • Activities - Playground - Gateway to Trail System
  • Stunning Cabins

OVERVIEW

Welcome to the Beautiful and Meticulously Maintained Ivan's Campground and Cabins! Set on 14 level, shaded acres, this rare turn-key outdoor hospitality opportunity is located just minutes from the Pere Marquette, Pine, and Baldwin Rivers—bordering the stunning Manistee National Forest. The property includes: 7 cozy rental cabins 60 well-spaced camping sites (both electric and Rustic) Plenty of room for future expansion to grow your vision This thriving campground has benefited from numerous recent capital improvements.Agent to provide complete and extensive list over and above the items listed. An upgraded bathhouse with on-demand hot water New playground Asphalt entrance and driveway Updated office and general store Pole barn for storage and maintenance Covered pavilion for guests Beautiful landscaping throughout Also included is a spacious 4-bedroom, 3-bath home with 2,848 finished square feet of living space. The expansive primary suite features a walk-in closet and a private 12' x 30' deck overlooking the campground and vibrant flower gardensperfect for on-site living or management. This is a truly special, well-loved property with room to grow. Don't miss this rare opportunity to own and operate a turnkey campground in the heart of Michigan's outdoor paradise!

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$334 USD /SF

# OF ROOMS

8

PRICE/ROOM

$146,875 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ivan's Campground & Cabins

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13.26 AC

LAND SF

577,606 SF

ZONING

Commercial

APN/PARCEL ID

14-010-018-00

ASK ABOUT THIS PROPERTY

Kenneth BurtonKeller WilliamsMore Info
517-242-2000

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Kenneth BurtonKeller WilliamsMore Info
517-242-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.