Property profile

9164 Wahl R.55 Ave Gladstone, MI 49837

OFF-MARKET
Industrial properties
3,128 SF 0.98 ac lot Built 1944
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established waterfront cabin resort situated on a 0.98-acre lot in Gladstone, MI. The property boasts six cabins of varying sizes, all fully furnished and equipped for year-round operation, though currently operating seasonally. Built in the 1940s and originally used as a POW camp, these charming cabins have a rich history and have been under the same family ownership since their relocation to the current location. The current owner has cultivated a loyal clientele, evidenced by years of repeat business, and will provide the new owner with a comprehensive guest list and transfer existing reservations for 2025. Amenities include a convenient fish cleaning station, readily available boats and boating equipment for guest use, a communal fire pit, and a private sandy beach perfect for swimming. The property's 3,128 square feet of cabin space offers significant potential for expansion and increased revenue generation through year-round operation. All furniture and furnishings are included in the sale price of $899,000. This turnkey operation presents a rare chance to acquire a profitable and established business with a strong foundation for future growth.

Property profile

Verified
Property type Industrial properties
Year built 1944
Total area 3,128 SF
Lot 0.98 ac (42,689 SF)

Cap rate & NOI

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

Location

9164 Wahl R.55 Ave Gladstone, MI 49837
Gladstone 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 9164 Wahl R.55 Ave?
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