Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Grocery & Convenience Store Specialty Food Shop
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Port Sanilac market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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