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Waterfront Multi-Use Investment Opportunity
For Sale
$4,999,000

204 Water St, East Jordan, MI 49727

3.4 acres with 360' Lake Charlevoix waterfront, prime location.

Lot Size3.40 Acres
Days on Market97

Property Features for 204 Water St

General Information

Standard status Active
Lot size 3.40 Acres
Property subtype Commercial

Building Details

Year Built 2000
Listing Agency: Pat O'Brien & Associates-Charlevoix
Listed By: Mark Snyder · License #10401234418
Source: Elliman
Added: Apr 26 Changed: Jul 10 Last Checked: Jul 20 at 4:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pat O'Brien & Associates-Charlevoix

Investment Insights

Based on property information with market context.

This multi-use property offers a rare opportunity, including 8 unique parcels totaling 3.4 acres with 360 feet of waterfront on Lake Charlevoix. Centrally located within walking distance of Downtown East Jordan, this Northern Michigan commercial property package includes The Boathouse, a wedding and special event venue with lake views. Also included is an expansive boat restoration warehouse, two short term rentals, plus an office or retail building, all renovated with modern appeal. The parcels are within the Michigan Opportunity Zones, which aim to improve housing, launch small businesses, develop mixed-use projects and infrastructure, and create jobs. The property has a bike score of 48, indicating it is somewhat bikeable, and a walk score of 50, indicating it is somewhat walkable.

Key Highlights

  • 360' of waterfront on Lake Charlevoix with a total land area of 3.4 acres.
  • Prime multi‑use property including 8 unique parcels.
  • Includes The Boathouse, a sought‑after wedding and special event venue with stunning lake views.

Property Analytics

Current Use

The Boathouse on Lake Charlevoix Wedding Service

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Big Box & Wholesale Store Building Supply Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby

Demographics for 49727, MI

6,887
Population
4,075
Households
1.7
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
120.0 sq mi
ZIP Area
57
Density / Sq Mi
$70,288
Median Household Income
$42,500
Median Earnings
$821
Median Rent
$187,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Wedding venue - 3.4 acres with 360' Lake Charlevoix waterfront, prime location.
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.; Includes The Boathouse, a sought‑after wedding and special event venue with stunning lake views.
More about this property
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