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    9164 Wahl R.55 Ave Gladstone, MI 49837

    Sponsored
    For Sale
    $899,000

    Six Cabins, 0.98 Acres, Investment Opportunity

    Property size:
    3,128 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a well-established waterfront cabin resort situated on a 0.98-acre lot in Gladstone, MI. The property boasts six cabins of varying sizes, all fully furnished and equipped for year-round operation, though currently operating seasonally. Built in the 1940s and originally used as a POW camp, these charming cabins have a rich history and have been under the same family ownership since their relocation to the current location. The current owner has cultivated a loyal clientele, evidenced by years of repeat business, and will provide the new owner with a comprehensive guest list and transfer existing reservations for 2025. Amenities include a convenient fish cleaning station, readily available boats and boating equipment for guest use, a communal fire pit, and a private sandy beach perfect for swimming. The property's 3,128 square feet of cabin space offers significant potential for expansion and increased revenue generation through year-round operation. All furniture and furnishings are included in the sale price of $899,000. This turnkey operation presents a rare chance to acquire a profitable and established business with a strong foundation for future growth.

    Property Features for 9164 Wahl R.55 Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    3,128 SF
    Lot Size
    42,689 SF

    Building Details

    Year Built
    1944
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Hotel & Motel Bar & Pub Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Gladstone
    County
    Delta
    State
    Michigan
    Longitude
    -87.00391
    Latitude
    45.87887

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    FAQs

    What type of property is this?
    Industrial property - Six Cabins, 0.98 Acres, Investment Opportunity
    Where is this industrial property located?
    The property is located at 9164 Wahl R.55 Ave Gladstone, MI.
    What is the asking price?
    The asking price for this property is $899,000.
    (906) 786-5972
    Request Owner's contact information
    9164 Wahl R.55 Ave Gladstone, MI 49837
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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
    9164 Wahl R.55 Ave Gladstone, MI 49837
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