Resort Property with Water
For Sale
$1,300,000
16339 Cone Road, Milan, MI 48160
A spring-fed lake, rental lodging, glamping, and a water park support multiple recreational revenue streams.
Property Size1,400 SF
Price / SF$928.57
Days on Market8
Property Features for 16339 Cone Road
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Commercial
Building Details
Building Size
1,400 SF
Year Built
1960
Listing Agency:
Synergy Realty Group
Listed By:
Jordan J Bobbitt · License #6502425704
(734) 301-8667
Source:
Buskardgroup
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 26 at 3:48AM
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 Synergy Realty Group
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Investment Insights
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This 37-acre resort property includes a 6-acre spring-fed lake, a three-bedroom house with a two-car garage, a 40-by-40-foot boathouse pole barn, and a 40-by-15-foot store. A 30-by-15-foot public restroom building is gutted and ready for renovation. Other components include a renovated short-term rental, one active glamping site, and water park infrastructure with equipment.
Located 17 miles south of Ann Arbor and 30 miles north of Toledo, the property has operated as a public beach and recreation destination for more than 65 years. Revenue sources include daily admissions, concessions, short-term rentals, and event space.
Located 17 miles south of Ann Arbor and 30 miles north of Toledo, the property has operated as a public beach and recreation destination for more than 65 years. Revenue sources include daily admissions, concessions, short-term rentals, and event space.
Key Highlights
- 37‑acre resort property with a 6‑acre spring‑fed lake
- Water park with infrastructure and equipment included
- Three‑bedroom house with a two‑car garage
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
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Business Placement
Demographics for 48160, MI
14,097
Population
5,224
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
77.9 sq mi
ZIP Area
181
Density / Sq Mi
$99,383
Median Household Income
$40,170
Median Earnings
$1,097
Median Rent
$251,800
Median Home Value
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Resort - A spring-fed lake, rental lodging, glamping, and a water park support multiple recreational revenue streams.
Where is this resort located?
The property is located at 16339 Cone Road Milan, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 37‑acre resort property with a 6‑acre spring‑fed lake; Water park with infrastructure and equipment included; Three‑bedroom house with a two‑car garage
