13436 Red Arrow Highway

    Sawyer, MI 49125
    • $485,000
    • STATUS: Active
    • ON SITE: 3 days
    • MLS #: 20005495
    New On Site 3 Days Ago
    UPDATED: 35 min ago
    $485,000
    • 0
      BEDS
    • 0.96
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1950
    County:

    School Ratings & Info

    School District:

    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 a transferable special use permit for a ''Detached Unit Resort''. Lease-option contract available with seasonal rent adjustment.

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    © 2020 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2020-02-17T07:01:07.747.
    www.grandrapidsmihomesforsale.com/homes/103215328

    13436 Red Arrow Highway Sawyer, MI 49125

    • Price: $485,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 20005495
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.96
    Acres
    2,500
    SQFT
    $194
    $/SQFT
    1950
    Built
    Neighborhood:
    Chikaming Twp
    County:
    Berrien
    Area:
    River Valley School
    School District:
    River Valley
    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 a transferable special use permit for a ''Detached Unit Resort''. Lease-option contract available with seasonal rent adjustment.
    Exterior Features

    Construction Type Frame/Wood Finished Building Levels 3.00 Lot Dimensions 216 X 417 X 125 X 303 Number Of Buildings 2.00 Road Frontage 125.00 Water Access Yes Water Features All Sports Water Type Lake Waterfront No

    Interior Features

    Heat Source Natural Gas Heat Type Hot Water Sq Ft Total 2500.00

    Property Features

    Annual Property Tax 3380.00 Association Greater Kalamazoo Association Of Realtors Business Includes OtherReal Estate Commercial Type Business Opportunity Documents Req Conf Agreement Financials Mineral Rights Unknown New Construction No Sale Conditions None Sewer Public Tax Year 2019 Terms Available Cash/ConventionalOther Uses Recreation Util Avl At Street Public SewerPublic Water Utilities Attached CableExtra Well Water PublicWell Zoning Mixed Use

    Listing provided courtesy of Jonathon D Hallberg of Nai Wisinski Of West Michigan. © 2020 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
    © 2020 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2020-02-17T07:01:07.747.
     
    JH Realty Partners
    545 Ada Drive
    Ada MI, 49301