Property summary
This exceptional Northern Michigan business opportunity encompasses a thriving 20-acre cabin resort and canoe livery situated along the renowned AuSable River near Traverse City, MI (zip code 49686). The property includes twelve rental cabins, a substantial owner's home exceeding 3000 square feet, and a well-equipped office/store/maintenance building for the livery operation. Over $550,000 worth of equipment is included in the sale. The resort also boasts two trout ponds and a sandy beach, enhancing its recreational appeal. Conveniently located near I-75, this seasonal business offers easy access to Northern Michigan's attractions and amenities. The property presents a unique blend of a profitable enterprise and a desirable lifestyle, with significant potential for expansion and the benefit of approximately six months of downtime annually. The asking price is $1,400,000. A non-disclosure agreement is required for complete location and detailed information.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
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