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18-Hole Golf Course with Clubhouse
For Sale
$650,000

4849 N Black River Rd, Cheboygan, MI 49721

Golf property with an on-site restaurant, bar, event space, and dedicated equipment storage facilities.

Property Size2,500 SF
Lot Size85.00 Acres
Price / SF$260
Days on Market48

Property Features for 4849 N Black River Rd

General Information

Standard status Active
Size 2,500 SF
Lot size 85.00 Acres
Listing Agency: COLDWELL BANKER SCHMIDT INDIAN RIVER
Listed By: Billy Andrew · License #6506045131
Source: Genodangelo
Added: Aug 8 Changed: Sep 8 Last Checked: Sep 22 at 6:26PM

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 COLDWELL BANKER SCHMIDT INDIAN RIVER

Investment Insights

Based on property information with market context.

This golf-oriented recreational property encompasses approximately 85 acres and includes an 18-hole course with maintained playing areas. The clubhouse adds a full-service restaurant and bar serving breakfast, lunch, dinner, and drinks, along with space for private events, tournaments, and other gatherings.

A separate maintenance barn provides storage for golf course equipment and golf carts during the off-season. The property is located at 4849 N Black River Road in Cheboygan, Michigan, within Northern Michigan.

Key Highlights

  • Approximately 85 acres with an 18‑hole golf course
  • Clubhouse includes a full‑service restaurant and bar
  • Restaurant service includes breakfast, lunch, dinner, and drinks

Property Analytics

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Current Use

Rippling Rapids Golf Course

Suggested Use

Top Pick Grocery & Convenience Store Hotel & Motel Bar & Pub

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

5
Businesses Nearby

Demographics for 49721, MI

14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Golf course & driving range - Golf property with an on-site restaurant, bar, event space, and dedicated equipment storage facilities.
Where is this golf course & driving range located?
The property is located at 4849 N Black River Rd Cheboygan, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 85 acres with an 18‑hole golf course; Clubhouse includes a full‑service restaurant and bar; Restaurant service includes breakfast, lunch, dinner, and drinks
More about this property
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