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    204 Water St East Jordan, MI 49727

    For Sale
    $4,999,000

    Office Building,Retail Store,Marina - East Jordan, MI

    Property size:
    19,845 SF
    Lot size:
    3.40 Acres
    Days on Market:
    501
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 204 Water St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    19,845 SF
    Lot size
    3.40 Acres

    Utilities

    Heating system
    Forced Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2000
    Roof type
    Asphalt, Metal
    Architectural style
    Other

    Pat O'Brien & Associates (231) 547-7701 [email protected]

    Listing agent Mark Snyder (231) 547-7701

    Listing date Jul 23, 2024

    MLS# 1925101 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Multi-Use Investment Opportunity

    This multi-use property offers a rare opportunity, comprising 8 unique parcels totaling 3.4 acres with 360 feet of Lake Charlevoix waterfront. Located within walking distance of Downtown East Jordan, the property includes The Boathouse, a wedding and special event venue with lake views. Additionally, there is an expansive boat restoration warehouse, two short term rentals, and an office or retail building. The total living area of all buildings is 19845 square feet. The parcels are located within the Michigan Opportunity Zones, which are intended to encourage investments in housing, small businesses, mixed-use projects, infrastructure, community resources, and job creation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Boathouse on Lake Charlevoix Wedding Venue

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Jordan
    County
    Charlevoix
    State
    Michigan
    Longitude
    -85.133686
    Latitude
    45.15416

    Nearby Similar for Sale

    • $359,900

      East Jordan Commercial Building Opportunity

      Commercial building with retail space and storage in East Jordan.
      105 2Nd St East Jordan, East Jordan, MI 49727
      View Details
    • $4,999,000
      19,845 SF

      Waterfront Multi-Use Property Opportunity

      Prime commercial property with waterfront, venue, warehouse, rentals, and retail.
      204 Water St, East Jordan, MI 49727
      View Details

    FAQs

    What type of property is this?
    Wedding venue - 3.4 acres with waterfront, venue, warehouse, rentals, and retail.
    Where is this wedding venue located?
    The property is located at 204 Water St East Jordan, MI.
    What is the asking price?
    The asking price for this property is $4,999,000.
    What are key features of this property?
    This property features: - 360' of waterfront on Lake Charlevoix with a total land area of 3.4 acres.; - Prime multi-use property including 8 unique parcels.; - Located within Michigan Opportunity Zones offering potential investment and development advantages.
    (231) 547-7701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Water St East Jordan, MI 49727
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