13436 Red Arrow Highway, Sawyer, MI 49125

$415,000
3
SqFt
List Price
$415,000
Price Change
▼ $25,000 1594056118
Days on Market
147
MLS#
20005495
Status
ACTIVE
Type
Commercial
Full-baths
4
Living Area
3

Property Description

Cash-flowing vacation rental for sale close to Lake Michigan in Harbor Country. Features two units: a 2,500 SF home & a 600 SF guesthouse, 900 SF unfinished basement. The property currently has occupancy for a total of 21 & parking for 20 vehicles. Estimated 7.9% capitalization rate for a year round short term rental operation. Financials available with signed confidentiality agreement. This is a turn-key operation, any items of sentimental value to the owner may be excluded from sale. Fenced back yard of 4,000 SF allows for outdoor events & 0.96-acre lot offers ample expansion opportunities. Zoned C (Commercial) with grandfathered use of Seasonal Resort Home under previous ordinance. Lease-option contract available with seasonal rent adjustment. Interior photos available - see agent.

Additional Information

Taxes
$3,380
SEV
136200
Acres
0.96
Fireplaces
2
Heating
Hot Water
Heat Source
Natural Gas
Middle School
On file.
Road Frontage
125
School District
River Valley
Sewer
Public
Style
Unknown
Water Features
All Sports
Water
Public, Well

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Jonathon D Hallberg with NAI Wisinski of West Michigan.

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