Michigamme, MI 49861,27795 US HIGHWAY 41
Michigamme, MI 49861,27795 US HIGHWAY 41
Michigamme, MI 49861,27795 US HIGHWAY 41
Michigamme, MI 49861,27795 US HIGHWAY 41
Michigamme, MI 49861,27795 US HIGHWAY 41
Michigamme, MI 49861,27795 US HIGHWAY 41
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$450,000

$450,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,200 SqFt


SOLD DATE : 07/30/2022

Key Details

Sold Price $450,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $375

Subdivision Mi

MLS Listing ID 40223532

Sold Date 07/30/22

Annual Tax Amount $810

Lot Size 1.250 Acres

Acres 1.25

Lot Dimensions 360 X 360 X 152 X 152

Property Description

ROI over 20 %! LAKE RUTH MARINE an ESSENTIAL BUSINESS and UP's most renown, time honored 50 year old family Marine Business in the same location on US 41 directly across the street from and beautiful views of Lake George. Sale is inclusive of Land; Buildings; Inventory and Vehicles (totaling over $375,000); Exclusive Dealerships with Largest Boat,Docking and Engine Manufacturers covering the UP.All inventory,including but not limited to Boats,Docking,Paddle Boats,Engines/Props,Trailers,Vehicles (including 2 Trucks),New and Used Boats,Docking and thousands of retail parts,ancillary marine and fishing products,etc.Operation May to October is turn key,non owner operated and staffed by long term employees and the original family owners.Sales and income increasing year over year.Business Operations:Sales and Servicing of boats,docks, engines,retail sales of all marine parts and fishing apparatus.Boat and engine winterizing, shrink wrap and boat storage,dock install/pull outs.Immed Income

Location

State MI

County Baraga

Area Spurr Twp (07010)

Zoning Commercial

Interior

Heating Wall Heat

Exterior

Roof Type Asphalt

Building

Foundation Slab

Water Private Well

Structure Type Block

Others

Ownership Private

Energy Description Electric

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Howe Team, Inc
Bought with Howe Team, Inc
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+1(888) 897-9667

support@houstir.com

1300 Eastman Ave, Ventura, California, 93003

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