$280,000
$329,900
15.1%For more information regarding the value of a property, please contact us for a free consultation.
4,800 SqFt
SOLD DATE : 10/13/2021
Key Details
Sold Price $280,000
Property Type Commercial
Sub Type Apartments,Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $58
MLS Listing ID 2210049385
Sold Date 10/13/21
Originating Board Realcomp II Ltd
Year Built 1960
Annual Tax Amount $5,536
Lot Dimensions Business Only
Property Description
Check out this fantastic opportunity to own a profitable business on the gorgeous Sunrise Side! This former resort is less than a five minute drive from the beautiful pier, shops and restaurants of downtown East Tawas! All cottages are heated so income is 12 months a year. Owner can live in the main cabin and wake up to the spectacular, blue water shoreline of Lake Huron and still rent out the other cottages. Or, can knock down the cottages on the south side and build your dream home and still rent out the remaining cabins on the north side. Renters pay utilities and cottages are metered separately with the exception of the main cabin and cabin 2. Southside cottages do need work and cabins are being sold as is; however, the opportunities are endless! More interior pictures are coming soon. Call me today for a showing!
Location
State MI
County Iosco
Area East Tawas
Zoning Commercial,Multi-Family
Direction North on US 23 through East Tawas. Resort is approximately 1.5 miles past town.
Interior
Heating Forced Air, Wall/Floor Furnace
Heat Source Electric, Natural Gas
Exterior
Pool No
Waterfront yes
Waterfront Description Direct Water Frontage,Lake Front,Lake Privileges,Water Front
Road Frontage Paved
Building
Foundation Crawl
Sewer Septic Tank (Existing)
Water Well (Existing)
Level or Stories Multi/Split (Multi-Level)
Structure Type Wood
Schools
School District Tawas
Others
Tax ID 033W2000000100
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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