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    196 Huron Dr Bois Blanc Island, MI 49775

    Sponsored
    For Sale
    $795,000

    Island Motel & Marina, Huge Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property on Bois Blanc Island, Michigan, presents a rare investment opportunity. The 33.53-acre parcel boasts 265 feet of desirable waterfront, featuring two large jetties capable of accommodating multiple boats. The property includes a charming 1 ½-story, 18-inch log home and several outbuildings, along with a gravel pit. Currently operating as a successful rental business with verifiable income records, this property offers diverse possibilities. The main portion of the land is zoned C-1, allowing for a variety of commercial uses, while the back acreage is zoned C-2, providing additional flexibility. The property's location on the well-preserved Bois Blanc Island offers a unique appeal to potential buyers. The existing structures provide immediate income potential, while the expansive land and zoning allow for significant expansion or redevelopment. The property is divisible, offering flexibility for various investment strategies. This is an exceptional chance to acquire a substantial waterfront commercial property with proven income and significant upside potential in a highly desirable location. Financial documentation is available upon request.

    Property Features for 196 Huron Dr

    General Information

    Property type
    Marinas
    Lot Size
    1,460,567 SF

    HighLights

    • Rare investment opportunity: 33.53‑acre waterfront commercial property on Bois Blanc Island, MI.
    • 265 feet of waterfront with two large jetties.
    • Includes a 1.5‑story log home, outbuildings, and a gravel pit.
    • Currently operates as a successful rental business with verifiable income.
    • Zoned C‑1 (main portion) and C‑2 (back acreage) allowing for diverse commercial uses.
    • Divisible parcel offering flexible investment strategies.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marinas

    Map

    City
    Bois Blanc Island
    County
    Mackinac
    State
    Michigan
    Longitude
    -84.423284
    Latitude
    45.726811

    Nearby Comparable

    • $795,000

      Bois Blanc Island Commercial Land

      Rare Island Commercial Opportunity: 33 Acres, Waterfront
      196 Huron Ave, Pointe Aux Pins, MI 49775
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    • $36,000

      Land Near Paved Runway

      Commercial vacant land near 3600-foot paved runway.
      15 Airport Dr, Pointe Aux Pins, MI 49775
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    • $150,000
      1.10 Acres

      Waterfront Lot with Lake Huron View

      Secluded 1.1-acre waterfront lot with views of Mackinac Bridge.
      A03101400 Gobles Dr, Pointe Aux Pins, MI 49775
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    • $36,000

      Bois Blanc Cleared Airport Lot

      Cleared lot ready for hangar construction on Bois Blanc Airport.
      14 Airport Dr, Pointe Aux Pins, MI 49775
      View Details

    FAQs

    What type of property is this?
    Marina - Island Motel & Marina, Huge Potential
    Where is this marina located?
    The property is located at 196 Huron Dr Bois Blanc Island, MI.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Rare investment opportunity: 33.53-acre waterfront commercial property on Bois Blanc Island, MI.; 265 feet of waterfront with two large jetties.; Includes a 1.5-story log home, outbuildings, and a gravel pit.
    Request Owner's contact information
    196 Huron Dr Bois Blanc Island, MI 49775
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    Bois Blanc Island, MI 49775
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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
    196 Huron Dr Bois Blanc Island, MI 49775
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