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395 S Peninsula Road East Jordan, MI 49727
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Key Details
Sold Price $5,000,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $416
MLS Listing ID 1328121
Sold Date 11/12/21
Year Built 1947
Lot Size 50.000 Acres
Acres 50.0
Lot Dimensions 1556x1348x1661x1319
Property Sub-Type Commercial/Industrial
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.
Location
State MI
County Charlevoix
Area South Arm Twp (15013)
Zoning Agricultural,Commercial
Interior
Heating Forced Air
Exterior
Roof Type Other-See Remarks
Building
Water Private Well
Structure Type Other
Others
Ownership Private
Energy Description LP/Propane Gas
Acceptable Financing Seller
Listing Terms Seller
Financing Cash,Commercial Loan,Conventional,Exchange/Trade
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Pat O'Brien & Associates
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