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    East Jordan, MI
    Short Term Rental

    East Jordan, MI Short Term Rental Properties for Sale

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    Ellsworth, MI Boyne City, MI Charlevoix, MI Central Lake, MI Eastport, MI Boyne Falls, MI Bellaire, MI Petoskey, MI
    Wedding Venue with Waterfront Access
    Updated: Jul 23, 2024
    Wedding Venue with Waterfront Access

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft 3.40 AC lot
    Eight unique parcels totaling 3.4 acres
    360' of waterfront on Lake Charlevoix
    Includes The Boathouse wedding and special event venue
    Also includes a boat restoration warehouse
    Two short‑term rentals plus an office or retail building
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    This listing looks promising.

    Here's a quick look at some key insights for

    204 Water Street, East Jordan, MI 49727

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $163K
      Annual

    • Price @ 7% Cap

      $2.32M
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in East Jordan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Lakefront Apartment Building
    Renovated Lakefront Apartment Building

    9661 Lake Street, Ellsworth, MI 49729

    $1,649,000
    4,736 sqft 53.00 AC lot

    Renovated multifamily estate with individual private units, nine bedrooms, 9.5 baths, and private lake frontage.

    View details
    Commercial Development Land with Road Frontage
    Commercial Development Land with Road Frontage

    1314/1316 Boyne Avenue, Boyne City, MI 49712

    $995,000
    2,005 sqft 1.89 AC lot

    High-visibility industrial-comm parcel with extensive frontage, city sewer access, and existing rental residences.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    1314/1316 M-75, Boyne City, MI 49712

    $995,000
    2,500 sqft 1.89 AC lot

    Nearly 2 acres with 270 feet of high-visibility frontage, city sewer access, and two rental homes plus an accessory pole barn.

    View details
    Lakefront Short-Term Rental Property
    Lakefront Short-Term Rental Property

    9661 Lake Street, Ellsworth, MI 49729

    $1,649,000

    Renovated private-unit lodging property with commercial-improved zoning, a dock, and direct Saint Clair Lake frontage.

    View details

    East Jordan, MI Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in East Jordan, MI on our real estate platform. These investment opportunities span a total of 19,845 square feet of properties for sale, with an estimated market value of $4,999,000.

    Sale prices for short term rental properties in East Jordan, MI average $4,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 6,595
    Population Growth (5Y) -12.8%
    Median Household Income $70,288
    College Educated 32.9%

    High-Yield Neighborhoods for Investment

    Identify East Jordan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49727 $5M

    Taxes & Financing

    Tax Rate (average for all types) 3.93%
    Property Tax per SF $3.90 per SF
    Tax Rate vs County Average 0.60 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Charlevoix County

    Residential Income

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