118 N Bridge Street
Elk Rapids, MI 49629
MLS #1840811

Commercial
  • 27,206sq ft
$4,500,000
Est. P&I payment: $17186.95/mo
118 N Bridge Street, Elk Rapids, MI 49629
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Description for 118 N Bridge Street, Elk Rapids, MI 49629
EXCELLENT BUSINESS/DEVELOPMENT OPPORTUNITY! Established, full service northwest Michigan marina on 915 feet of frontage with 49 covered boat slips and 62 uncovered boat slips; 4,300+ square feet of showroom/office/workshop space with an additional 1,900+ sq. ft. with restrooms/storage area and a 12,000+ sq. ft. storage building on-site. Marina is on 4.2 acres in a convenient, highly visible location with large parking area. Also included is an off-site 4-acre parcel with 3 storage buildings with over 27,000 sq. ft. combined space for seasonal boat storage. Successful boat sales, fully stocked ship’s store with marine supplies, dockside gas pumps, boat sales, storage and repair business. Be your own boss while you “live, work and play” in an idyllic waterfront community in a highly sought after location. The possibilities are endless.
MLS #1840811
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My Notes for MLS #1840811

General Features

  • Property Type: Retail/Commercial
  • Total Finished SqFt: 27,206
  • Number of Acres: 8.3
  • Lot Dimensions: Irregular
  • Approx Year Built: 1960
  • Zoning: Other,​Commercial,​Manufacture/Warehouse

Exterior Features

  • Water Front Footage: 915
  • Parking Spaces: 50
  • Vacant Land: No
  • Roof: Metal
  • Exterior Features: Steel
  • Parking: Common

Interior Features

  • Number of Restrooms: 1

Utilities Features

  • Heating/Cooling Source: Natural Gas
  • Heating/Cooling Type: Forced Air
  • Water: Municipal Water
  • Sewer: Municipal
  • Energy Efficient: Not Applicable

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 165.4
  • Sale or Lease: For Sale
  • Summer Taxes: 8,851.9
  • Winter Taxes: 1,552.41
  • Other Taxes: 2,467.02
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Total Taxes: 12,871.33
  • Terms: Conventional Mortgage,​Cash
  • Included in Lease: None

Community Features

  • Body of Water: Elk River
  • Development Name: Metes & Bounds

Misc Features

  • Deeded Waterfront: Yes
  • Private/Shared: Private
  • Business Name: Elk River Marine
  • Year Remodeled: 1979
  • ECO Features: No
  • Business Included: Yes
  • Real Estate Included: Yes
  • Inventory Included: Yes
  • Present Use: Marina
  • Foundation: Slab
  • Possession: Negotiable
  • Construction: Steel

Location

 
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Directions to 118 N Bridge Street, Elk Rapids, MI 49629
Corner of US-31 and River Street, Elk Rapids
Listing information for 118 N Bridge Street, Elk Rapids, MI 49629 was graciously provided by our friends at the listing brokerage, RE/MAX Of Elk Rapids PO Box 36, Elk Rapids, MI 49629

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P&I Payment $17186.95
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Last Updated 12/18/2017 at 3:20am
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