118 N Bridge St

118 N Bridge St, Elk Rapids, MI

$3,750,000

Price

27,206 sqft

Building Size

8.3 acres

Lot Area

Overview
Building Size
27,206 sqft
Lot Area
8.3 acres
Class
C
Year Built
1970
Description

This is an excellent opportunity to purchase a long standing business and waterfront real estate in the beautiful northwest corner of northern Michigan. This full service Marina sits on the river between East Grand Traverse Bay and Elk Lake with access to Elk Lake, Skegemog Lake and Torch Lake. The 4.2 Acre property consists of 49 covered boat slips, 62 uncovered boat slips water front fueling station, 4,300 SF showroom/office/mechanic shop, a restroom facility, and a 12,000 onsite storage building.

The sale also comes with an offsite 4.0 Acre storage complex consisting of 3 additional cold storage buildings for a total of 27,000 SF of building. In addition to the marina, boat storage, shrink wrapping, and boat maintenance services, Elk River Marina is also the nations leading sales company for Shoreline boat hoists. Continue this successful business venture and add your new ideas for extra upside potential.

Turn west onto River St off US 31. Proceed to Bridge St. Property sits on the North East corner of Bridge and River Streets.

Highlights
  • Long Standing Business Opportunity
  • Beautiful Water Frontage
  • Multiple Revenue Streams

Location
Gallery