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    9164 Wahl R.55 Gladstone, MI 49837

    Sponsored
    For Sale
    $899,000

    Six-cabin resort, turnkey operation.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Exceptional investment opportunity in Gladstone, Michigan, featuring a six-cabin resort situated on waterfront property at 9164 & 9166 Wahl R.55, zip code 49837. This property, family-owned since its inception, boasts a rich history, with the cabins originally constructed in the 1940s and later relocated to their current idyllic location. The sale includes all furniture and furnishings. Each of the varying-sized cabins is equipped for year-round use, presenting potential for expanded seasonal operation beyond the current successful seasonal business model. The existing business enjoys strong repeat clientele, and the new owner will receive a transferable guest list and existing 2025 reservations. Amenities include a fish cleaning station, boats and boating equipment for guest use, a fire pit, and a private sandy swimming beach. The asking price for this turnkey operation is $899,000. This is a rare opportunity to acquire an established, profitable business with significant growth potential.

    Property Features for 9164 Wahl R.55

    General Information

    Property type
    Land

    HighLights

    • Turnkey six‑cabin resort in Gladstone, MI (49837) on waterfront property at 9164 & 9166 Wahl R.55, asking $899,000.
    • Established, profitable seasonal business with strong repeat clientele and transferable guest list including 2025 reservations.
    • All furniture, furnishings, boats, and boating equipment included.
    • Year‑round capable cabins, offering potential for expanded seasonal operation.
    • Amenities include a fish cleaning station, fire pit, and private sandy beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -87.0039287
    Latitude
    45.8789907

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    FAQs

    What type of property is this?
    Land - Six-cabin resort, turnkey operation.
    Where is this land located?
    The property is located at 9164 Wahl R.55 Gladstone, MI.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Turnkey six-cabin resort in Gladstone, MI (49837) on waterfront property at 9164 & 9166 Wahl R.55, asking $899,000.; Established, profitable seasonal business with strong repeat clientele and transferable guest list including 2025 reservations.; All furniture, furnishings, boats, and boating equipment included.
    Request Owner's contact information
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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 Gladstone, MI 49837
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