Property profile

1840 Cornell Rd Corunna, MI 48817

OFF-MARKET
Retail properties & Spaces
2,800 SF 54.3 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents the chance to acquire the only operating golf course in Corunna, Michigan. The 54.3-acre property includes a well-established nine-hole golf course, a clubhouse, cart storage, and a maintenance building. The clubhouse boasts approximately 2,800 square feet of space, featuring a lounge area with capacity for over 50 people. Included in the sale price of $650,000 is a Class C Liquor License, adding significant value to the business. Twenty gas golf carts are also part of the sale. The golf course has been under the same family ownership since 1952, demonstrating its longevity and established clientele. Detailed equipment lists and financial records are available upon request for qualified buyers. This is a rare opportunity to own a profitable and well-regarded golf course business in a desirable location. The property is located at 1840 Cornell Rd, Corunna, MI 48817, in Shiawassee County. Don't miss this chance to own a piece of Corunna's history and a thriving recreational business.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,800 SF
Lot 54.3 ac (2,365,308 SF)

Cap rate & NOI

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

Location

1840 Cornell Rd Corunna, MI 48817
Corunna metro
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Value estimations

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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
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