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    OFF-MARKET
    Retail properties & Spaces

    1840 Cornell Rd, Corunna, MI 48817

    2,800 SF 54.3 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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