Lake Tahoe Resort - Munising, MI

Hospitality for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30666811
Property Subtypes: Recreation Cabins, Resort, Vacation Rental(s)
Number of Units: 3 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $650,000
Unit Price: $216,666.67 Per Unit
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

Successful business in a magnificent setting, with plenty of room for expansion! The Lake Tahoe Resort is an authentic, luxury cabin experience located 10 minutes away from Pictured Rocks National Lakeshore, situated on 13 acres within the Hiawatha National Forest. The sale of this year round, turnkey operation in Michigan's Upper Peninsula includes 3 cabins with combined accommodations for 25 guests, maintenance building, office/laundry and future gift shop! While enjoying your new peaceful surroundings, you'll also be able to stay connected as this property has been upgraded to include high speed fiber-optic internet. Lake Tahoe provides opportunities for fishing, kayaking, and possible future development of lakeside lodging. Currently operated as a resort business, but would also make a great retreat for family or corporation. Extensive equipment included and all cabins come fully furnished.

Additional Details

Nearest MSA: Marquette
County: Alger
Tax ID/APN: 00636400405
Zoning: RES/
Retail Clientele: Family, Traveler, Tourist, Recreation

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Photograph of Listing Agent

Alison Glowinski

Mitten Real Estate CARWM Member
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