118 Bridge Street

Price: $ 3,750,000.00
Square Ft.: 27206
Price/SQFT: $ 137.84

This is an excellent opportunity to purchase a long standing business and waterfront real estate in the beautiful northwest corner of northern Michigan. This full service Marina sits on the river between East Grand Traverse Bay and Elk Lake with access to Elk Lake, Skegemog Lake and Torch Lake. The 4.2 Acre property consists of 49 covered boat slips, 62 uncovered boat slips water front fueling station, 4,300 SF showroom/office/mechanic shop, a restroom facility, and a 12,000 onsite storage building. The sale also comes with an offsite 4.0 Acre storage complex consisting of 3 additional cold storage buildings for a total of 27,000 SF of building. In addition to the marina, boat storage, shrink wrapping, and boat maintenance services, Elk River Marina is also the nations leading sales company for Shoreline boat hoists. Continue this successful business venture and add your new ideas for extra upside potential.

Basic Features:

Listing # 1871885
City: Elk Rapids
State: MI
Zip: 49629
Area: Antrim
Acres: 8.3
Square Ft: 27206

Additional Features:
Basement: Slab Location: Corner Lot
Business Included: Yes Lot:
Business Name: Elk River Marine Miscellaneous:
Construction: Steel Documents:
Zoning: Commercial Possession: At Closing
Deeded Water: Yes Property Status: Active U/C Taking Backups
Dimensions: 405 X 459 Real Estate Included:
Directions: Turn west onto River St off US 31. Proceed to Bridge St. Property sits on the North East corner of Bridge and River Streets. Remodeled: 1979
Days On Market: 338 Road Frontage: Public Maintained
Days On MLS: 338 Roofing: Metal
ECO Features: No For Sale Or Lease: For Sale
Extras: 12ft Ceiling Height For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Elk Rapids
Heating/Cooling: Natural Gas Vacant: No
Heating/Cooling Type: Forced Air Water:
Inventory Included: Yes Year Built: 1970
Licenses: None  

Listing courtesy of Three West, LLC
1131 E. Eighth Street , Traverse City , MI 49686