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    196 Huron Ave, Pointe Aux Pins, MI 49775

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    This exceptional commercial property, located at 196 E Huron Avenue in Bois Blanc, Michigan (zip code 49775), presents a unique investment opportunity. The 33.53-acre parcel boasts 265 feet of desirable waterfront on the pristine shores of Bois Blanc Island. The property includes a charming 1 ½-story, 18-inch log home, multiple outbuildings, and a gravel pit. Currently operating as a successful rental business (with available financial documentation), this property offers diverse potential uses. The land is zoned C-1 and C-2, allowing for a variety of commercial ventures. Two substantial jetties provide ample docking space for multiple boats and watercraft. The property's location is easily accessible, just off Huron Drive, past Fire Tower Road and The Hideaway. The property is divisible, offering flexibility for potential buyers. This is a rare chance to establish a business on the beautiful and well-preserved Bois Blanc Island, a location ripe for new and exciting commercial enterprises. The asking price is $795,000.

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    Property type Specialty properties
    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
    Realmo proprietary · 4 methods
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