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Property summary
This exceptional investment opportunity presents a vacant 40,000 square foot retail property situated on 6.27 acres of prime waterfront land in Harsens Island, Michigan. The property, formerly the Idle Hour Yacht Club, boasts 383 feet of frontage directly on the South Channel, overlooking Walpole Island. Features include two entry canals, 52 boat wells with power hookups, steel seawalls, and a resort liquor license currently in escrow. The substantial building encompasses multiple hotel… rooms and apartments, suites, a commercial kitchen, large dining area, entertainment/banquet area, full-size bar, and walk-in cooler. Large freshwater storage tanks support kitchen, restaurant, and bathroom facilities. Ample parking is available. The property includes an engineered septic field and a current lease agreement with U.S. Customs and Border Patrol for use of a Homeland Security tower, providing a consistent income stream. The property consists of two parcels with two separate driveways. The building's exterior is constructed of aluminum and vinyl. The foundation is slab, and utilities include natural gas and a well/septic system. Winter taxes are $5,282, and summer taxes are $14,660. This iconic landmark presents a unique opportunity for redevelopment or continued operation as a marina and hotel/motel. The asking price is $1,499,999.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 26,948 SF
- Lot area
- 5.02 ac
- Year built
- 1903
- Stories
- 2
- APN
- 74-14-847-0275-000
- Zoning
- C-3
- Assessed value · 2024
- $703,800
- Annual tax · 2023
- $21,143
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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