Building Details

Units 8

Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Harbor Springs r***@triton.net Show Phone

Listed By: Roxie Beach · License #65012877111

Source: Crexi

Added: Sep 20, 2024 Changed: Aug 14 Last Checked: Aug 14 at 5:59AM

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Investment Insights

Based on property information with market context.

This iconic resort and RV park on Drummond Island is available as a turnkey operation. The resort features 8 cottages and 25 full-service RV sites, situated in the natural environment of Drummond Island. The sale includes a comfortable owner’s residence, allowing for on-site living, and a one-bedroom apartment, suitable for housing employees or generating additional rental income. The property includes 630 feet of Lake Huron waterfront, located in a protected cove. The sale includes 6 pontoon boats and 4 fishing boats, providing a rental income stream and enhancing the guest experience with water-based activities. The property size is 5500 square feet. The resort is built on a solid foundation with a loyal clientele, but there’s still room for expansion and new ideas. This property is ready to support your vision.

Key Highlights

• Turnkey resort and RV park business with established clientele and profitability.
• Enjoy 630 feet of Lake Huron waterfront in a protected cove.
• Includes 8 cottages and 25 full‑service RV sites.

Property Analytics

Property Profile

Current Use

Resorts

Suggested Use

Top Pick Storage Facility Bed & Breakfast Restaurant Bar & Pub Hotel & Motel

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

7

Businesses Nearby

Explore this area Business Placement

Demographics for 49726, MI

973

Population

1,546

Households

0.6

Avg Household Size

61

Median Age

28%

College-Educated

96%

High-School Grad

128.9 sq mi

ZIP Area

8

Density / Sq Mi

$65,000

Median Household Income

$37,917

Median Earnings

$824

Median Rent

$250,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Resort - Turnkey resort and RV park with waterfront access.

Where is this resort located?

The property is located at 32884 S Maxton Rd Drummond Island, MI.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Turnkey resort and RV park business with established clientele and profitability.; Enjoy **630 feet of Lake Huron waterfront** in a protected cove.; Includes 8 cottages and 25 full‑service RV sites.