Property profile

7365 Cedar St Port Sanilac, MI 48469

FOR SALE
Commercial real estate
Property ID
US43-3621754
0.67 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.67 ac (29,185 SF)
APN 212-200-000-045-00
UPID US43-3621754

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store Specialty Food Shop
  • Restaurant

Location

7365 Cedar St Port Sanilac, MI 48469
Port Sanilac metro Census 970500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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