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    Property profile & analytics
    OFF-MARKET Estimated value $775,000
    Commercial real estate

    7479 Dyke Rd, Clay, MI 48001-3013

    2.82 ac lot
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US43-4559135
    Property summary
    AI-generated overview

    This exceptional waterfront property in Clay, MI, presents a rare investment opportunity. The 2.48-acre site boasts 133 feet of bay frontage and over 1000 feet of canal frontage, providing unparalleled access for boaters and fishermen. The property includes a well-established marina, complete with 47 wells and all necessary equipment for year-round operation. A thriving bar/restaurant and vacation rental are also included, offering diverse revenue streams. The 4,041 square foot building complex provides ample space for operations and storage. The property's coveted location ensures high demand and consistent income throughout the year, thanks to its stunning views and direct bay access. This turnkey business offers a unique blend of commercial and recreational opportunities, making it an ideal investment for those seeking a high-return waterfront venture. The established infrastructure and existing clientele provide a solid foundation for continued success and growth. This is a truly exceptional opportunity to acquire a profitable and established waterfront business in a highly desirable location. The property's diverse revenue streams and prime location make it a compelling investment prospect with significant potential for future expansion and profitability. The existing infrastructure and equipment are in place, allowing for immediate operation and revenue generation.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 2.82 ac (122,883 SF)
    Zoning code C-3
    APN 74-14-496-0013-005
    UPID US43-4559135
    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
    Current use
    Occupant on record · Public records
    • On the ROCKS. Smoke House & Tiki Bar Restaurant
    • Plagens Piers Marina Marina
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $775k
    Owner & transaction history
    Kip R Plagen · 2 yrs held
    Kip R Plagen
    since 2023
    Last sale
    $775,000
    1 recorded transaction
    2023
    $775,000
    Zoning & alternative use
    C-3 · Clay, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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