$1,300,000
Greenbush, MI 48738
MLS# 24049976
Status: Sold
12 baths | 11000 sqft
1 / 73
Details
Maps
Location & Property Info
Cross Streets: North of Martel Road
Property Sub-Type: Business Opportunity
Area: Outside MichRIC Area - Z
Municipality: Greenbush Twp
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 136.36
Prop Avail for Lease?: No
Current Bldg Use: Rental Cabins,Residential, Mixed Use, Recreational
General Property Info
New Construction: No
Lot Dimensions: 150x570
Road Frontage: 150
Mineral Rights: Unknown
Waterfront: Yes
Year Remodeled: 2019
Body of Water: Lake Huron
Total # Units: 9
# of Diff Unit Floor Plans: 6
Total # Bldgs: 11
# Fin Bldg Lvls: 1
Total SqFt: 11000
Property Use Type: Business
Statewide Lakes & Rivers: Lake Huron
School District: Oscoda
Lot Measurement: Acres
Lot Acres: 1.25
Lot Square Footage: 54450
Year Built: 1960
Full Baths: 12
Total Baths: 12
Tax Info
Taxable Value: 270663
SEV: 284300
For Tax Year: 2022
Seller's Annual Property Tax: 9612
Tax Year: 2022
Homestead %: 100
Spec Assessment & Type: 0
Zoning: Commercial
Tax ID #: 041-146-000-377-00
Remarks & Misc
Legal: T25N R9E SEC 26 LOT 377 & N1/2 OF LOT 379 HURON CEDAR LAKES SUB #3
Status Change Info
Sold Price/SqFt: 118.18
Under Contract Date: 2024-09-20
Sold Date: 2024-09-25
Sold Price: $1,300,000
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 156
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Uses
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Window Unit(s): 1
Business Includes
Real Estate: 1
Additional Features
Fenced Storage: 1
Multi User Facility: 1
Outdoor Storage: 1
Foundation
Slab: 1
Util Avail at St
None: 1
Driveway
Gravel: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Business Opportunity
Business Description: Rental
Business Name: Sunny Side Cottages
Unit 1
Unit Description: Main House
SqFt: 1645
# Baths: 2
Unit 2
Unit Description: Cottage 7
# Baths: 1
Unit 3
Unit Description: Cottage 6
# Baths: 3
Unit 4
Unit Description: Cottages 1-3
Identical Units: 3
# Baths: 1
Unit 5
Unit Description: Cottages 4 & 5
Identical Units: 2
# Baths: 1
Unit 6
Unit Description: Cottage 8
# Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Alcona
Street #: 4385
Street Direction: S
Street Name: US Highway 23
State: MI
Zip Code: 48738
Zip (4): 9743
OfficeContract Info
Status: Sold
Current Price: $1,300,000
List Price: $1,500,000
Listing Date: 2023-10-09
Remarks Misc
Directions: North of Martel Road off of S US 23 on East side of road.
Property Features
Property Use: Business; Investment
Water Type: Lake
Uses: Other
Business Includes: Real Estate
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Roofing: Composition
Foundation: Slab
Below Grade: None
Additional Features: Fenced Storage; Multi User Facility; Outdoor Storage
Sewer: Septic Tank
Water: Well
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at St: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air; Window Unit(s)
Driveway: Gravel
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Close Of Escrow
Supplements
Live and work on the shores of majestic Lake Huron in this 1.25 acre property offering a unique blend of luxurious living and income potential, making it the perfect live-in and investment property. Pristine lakeside land includes a meticulously updated main house and 8 charming cabins, all with breathtaking lake views. The main house boasts 3 beds and 2 full baths, a masterpiece of modern upgrades and functionality. Spacious open-concept living area flooded with natural light. Gourmet kitchen with top-of-the-line appliances, granite countertops, and a large island. Wall of windows offering panoramic lake views. Luxurious master suite with a spa-like ensuite bath. Also includes an office space with private exterior entry. The eight cabins are a perfect blend of rustic charm and modern comfort. Successful rental history providing a steady stream of income for the current owner. Whether you continue the rental business or use the cabins as guest accommodations for friends and family, this property offers exceptional income potential. Imagine waking up to the sound of the waves and the smell of fresh lake air, all while earning rental income! The property features well-maintained grounds, providing a serene environment for residents and guests alike. Enjoy long walks on the private beach, picnics on the beach, and water sports right from your doorstep. Lake Huron is renowned for its crystal-clear waters, and this property gives you a front-row seat to experience it all. Most cabins will come fully furnished - start collecting rental income right away! View drone video and 3D tour.
Listing Office: KW Advantage
Listing Agent: Danielle Snell
Last Updated: September - 25 - 2024
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