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    395 S Peninsula Road

    East Jordan, MI 49727
    • $5,500,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 1886464
    UPDATED: 56 min ago
    $5,500,000
    • 0
      BEDS
    • 50
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $458
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Description

    1350 feet of direct frontage on Lake Charlevoix. This 50 acre parcel with 1350 feet of frontage on Lake Charlevoix is a rare, rare opportunity. Waterfront is all zoned commercial, the back 38 acres is zoned agricultural - could be any number of things -- a marina, a resort, condos OR an incredible estate property. Currently a classic 1950's resort with 12 cabins and a main house (that generates a really good 1950's income, LOL). $6 million appraisal on file.

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-05-16T18:51:56.74.
    www.michiganlifestylehomes.com/homes/116415011
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    395 S Peninsula Road East Jordan, MI 49727

    • Price: $5,500,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 1886464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    50
    Acres
    12,000
    SQFT
    $458
    $/SQFT
    1947
    Built
    Neighborhood:
    Cedar Rest Resort
    County:
    Charlevoix
    Area:
    Charlevoix
    Property Description
    1350 feet of direct frontage on Lake Charlevoix. This 50 acre parcel with 1350 feet of frontage on Lake Charlevoix is a rare, rare opportunity. Waterfront is all zoned commercial, the back 38 acres is zoned agricultural - could be any number of things -- a marina, a resort, condos OR an incredible estate property. Currently a classic 1950's resort with 12 cabins and a main house (that generates a really good 1950's income, LOL). $6 million appraisal on file.
    Exterior Features

    Body Of Water Lake Charlevoix Construction Other Exterior Features Other Foundation Other Lake Size Huge Lot Dimensions 1556X1348x1661x1319 Parking Other Road Public Maintained Roof Other Water Front Footage 1348

    Interior Features

    Heating Cooling Type Forced Air

    Property Features

    Business Incl Yes Business Name Cedar Rest Resort Deeded Waterfront Yes Documents On File Legal DescriptionSurveyAgency DisclosureOther Eco Features No Energy Efficient Not Applicable Extras Reinforced Concrete FloorOverhead Door(S)Additional Buildings Heating Cooling Source Propane Gas Included In Lease None Inventory Incl Yes Licenses None Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession Negotiable Present Use Recreational/Resort Private Shared Private Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 3 Sewer Private Septic Terms Conventional MortgageCommercial LoanCash1031 Exchange Township South Arm Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Private Well Water Conservation Not Applicable Zoning AgriculturalCommercial



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-05-16T18:51:56.74.
     
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