Property profile

7800 Channel Dr Harsens Island, MI 48028

OFF-MARKET
Hotels
Property ID
US43-4555883
26,948 SF 5.02 ac lot Built 1903
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1903
Total area 26,948 SF
Lot 5.02 ac (218,497 SF)
Zoning code C-3
APN 74-14-847-0275-000
UPID US43-4555883

Cap rate & NOI

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

Location

7800 Channel Dr Harsens Island, MI 48028-9517
Harsens Island metro Census 648000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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
$470k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2019
Price N/A

Zoning & alternative use

C-3 · Harsens Island, MI

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7800 Channel Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message