9164 Wahl R.55 Ave Gladstone, MI 49837
- Industrial properties
- 3,128 SF
- 0.98 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 9164 Wahl R.55 Ave
- Year built
- 1944
- Lot size
- 0.98 lot acres
- Property size
- 3,128 SF
- Property type
- Industrial properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gladstone
- County
- Delta
- State
- Michigan
- Longitude
- -87.0039
- Latitude
- 45.8789
