8474 Island Lake Rd - Specialty FOR SALE


Dexter, MI 48130
$3,300,000 USD
734-747-7888
8474 Island Lake Rd, Dexter, MI for Sale
$3,300,000 USD
Specialty - FOR SALE
1/2
null | Request Cap Rate

8474 Island Lake Rd
Dexter, MI 48130


HIGHLIGHTS

  • Encompasses 27.61 acres featuring a fully renovated 1834 farmhouse and a restored 1894 red barn event center.
  • Positioned in Dexter Township within Washtenaw County, benefiting from proximity to Ann Arbor and metro Detroit markets for strong regional reach.
  • Offered as a turnkey operation including liquor license, special-use permit, and essential operational assets for a seamless ownership transition.

OVERVIEW

Situated on 27.61 acres, Zingerman's Cornman Farms is a renowned hospitality & event venue w/ roots dating to the 1830s. The property features a fully renovated 1834 farmhouse, a restored 1894 red barn event center, & supporting structures that combine historic charm with modern functionality. Offered as a turn-key operation, the sale includes a liquor license, special use permit, & key operational assets. Seller will continue operations through Fall 2026 to ensure a seamless transition. Highlights include a commercial-grade kitchen, 1888 stone smokehouse, backup generator, rolling pastures, & event infrastructure w/ gas & electric hookups for tents up to 60'x120'. Well positioned for weddings, corporate retreats, private events, agritourism ventures, farm-to-table dining, hospitality uses, boutique lodging, & other commercial applications, Cornman Farms represents a rare opportunity to acquire a renowned destination venue w/ an established reputation & significant growth potential.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zingerman's Cornman Farms

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1834

SPRINKLERS

-

PARKING SPACES

136

LAND DETAILS

LAND ACRES

15.3 AC

LAND SF

666,468 SF

ZONING

FI

APN/PARCEL ID

03-31-300-011,03-31-300-018

ASK ABOUT THIS PROPERTY

Brent FlewellingCharles Reinhart CompanyMore Info
734-747-7888

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Brent FlewellingCharles Reinhart CompanyMore Info
734-747-7888

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