7365 Cedar St, Port Sanilac, MI 48469
Exceptional investment opportunity: Port Sanilac Marina, a thriving waterfront business located at 7365 Cedar St, Port Sanilac, MI 48469, is offered for sale at $3,500,000. This 29,300 square foot property boasts a prime location on Lake Huron and includes a full-service marina with 120 docks accommodating vessels up to 60 feet. The main building, encompassing 8,000 square feet, features a 100-seat restaurant with a liquor license and elevator access, a ship store, and a showroom, all situated on the waterfront with a second-floor view. A marine service center with offices, heated storage buildings, and extensive outdoor storage areas complement the property. Heavy equipment, including a 27-ton Algonac boat hoist, 25-ton Wiggins lift truck, and 50-ton Marine Travelift with a telescoping crane, is included. The 7.98-acre lot also includes additional parcels used for winter and long-term storage. The property is zoned commercial, features 30-foot ceilings, and has twelve loading docks. No significant deferred maintenance is reported. This turnkey operation presents significant growth potential, combining valuable real estate with a successful existing business. The convenient location near shops and restaurants in Port Sanilac adds to its appeal. This is an outstanding opportunity for an investor or entrepreneur seeking a unique and established waterfront business.
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Port Sanilac Marina (Bike/Boat/Book/etc) Store
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First Mate Ice Cream Parlor Grocery & Convenience Store Specialty Food Shop
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Uri's Waterfront Dining & Spirits Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.