Property profile

196 Huron Dr Bois Blanc Island, MI 49775

OFF-MARKET
Specialty properties
33.53 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Lot 33.53 ac (1,460,567 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

196 Huron Dr Bois Blanc Island, MI 49775
Bois Blanc Island metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 196 Huron Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message