Lakefront Marina with
For Sale
$974,900
15279 US-23 S, Presque Isle, MI 49777
Commercial Sale, Presque Isle, MI
Property Size3,879 SF
Lot Size0.80 Acres
Price / SF$251.33
Days on Market425
Property Features for 15279 US-23 S
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Presque Isle
Middle school district
Presque Isle
High school district
Presque Isle
Directions
US 23
Subdivision
Outside MichRIC Area - Z
Standard status
Active
APN
061-027-000-009-00
Size
3,879 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
T 34 N R 7 E SEC 27 PARC IN GOVT LOT 3, COM AT NW COR OF GOVT LOT 2, N 89DEG
Tax Annual Amount
999
Legal Description
T 34 N R 7 E SEC 27 PARC IN GOVT LOT 3, COM AT NW COR OF GOVT LOT 2, N 89DEG
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Baseboard
Cooling system
Central Air, Window Unit(s)
Water source
Well
Water front features
Lake
Water front
1
Building Details
Year built
1960
Floors in Building
1
Number of units
2
Building materials
Wood Siding, Metal Siding
Roof type
Composition
Listing Agency:
EXP Realty LLC
(269) 600-4397
Listed By:
Thomas A Rumble · License #6501299700
(616) 250-6751
Added: Jun 23, 2025
Changed: Aug 19
Last Checked: Aug 21 at 5:06PM
MLS# 25030441
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This waterfront commercial property on Grand Lake in Presque Isle, Michigan, is currently operated as a marina. The business includes boat rentals, shrink wrapping, and dock sales, supported by a sizable shop and a marina store. A dock distributorship is also described as transferable, subject to approval.
The property offers 198 feet of lake frontage on approximately 0.8 acres. The marina store is positioned next to a large public park.
The listing is offered for sale with seller financing terms described as available with a substantial down payment, along with training and guidance to support continued operations. The seller also notes the property could be used as an owner-occupied setup with some upgrades to the existing structure.
The property offers 198 feet of lake frontage on approximately 0.8 acres. The marina store is positioned next to a large public park.
The listing is offered for sale with seller financing terms described as available with a substantial down payment, along with training and guidance to support continued operations. The seller also notes the property could be used as an owner-occupied setup with some upgrades to the existing structure.
Key Highlights
- Rare waterfront marina property on Grand Lake with 198 feet of lake frontage.
- Established business with attractive income, solid CAP rate, and potential for growth.
- Transferable dock distributorship (upon approval) included.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 49777, MI
1,672
Population
1,815
Households
0.9
Avg Household Size
61
Median Age
34%
College-Educated
98%
High-School Grad
53.8 sq mi
ZIP Area
31
Density / Sq Mi
$85,781
Median Household Income
$46,731
Median Earnings
$867
Median Rent
$220,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Marina - Waterfront marina property on Grand Lake featuring dock sales, rentals, shrink wrapping, and a marina store.
Where is this marina located?
The property is located at 15279 US-23 S Presque Isle, MI.
What is the asking price?
The asking price for this property is $974,900.
What are key features of this property?
This property features: Rare waterfront marina property on Grand Lake with **198 feet of lake frontage.**; Established business with attractive income, solid CAP rate, and potential for growth.; Transferable dock distributorship (upon approval) included.
