196 Huron Dr, Bois Blanc Island, MI 49775
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.