1840 Cornell Rd, Corunna, MI 48817
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.