$2,950,000

E4836 W M28, Au Train, MI 49806, US

Summary

Style: Investment
Sq Ft: 4868
Year Built: 1992

Moving Quotes

primary photo for E4836 W M28, Au Train, MI 49806, US

Remarks

THE LODGE. The Pinewood Lodge Estates is a magnificent log lodge on Lake Superior in the popular AuTrain area between Munising and Marquette in Michigan's beautiful Upper Peninsula. This area is famous for the sand beaches, views of Grand Island, AuTrain Island, the AuTrain River and nearby Pictured Rocks National Lakeshore. Here you will find a multitude of recreational activities utilizing Lake Superior, AuTrain Lake, Autrain River, the parks, snowmobile trails, waterfalls, boat cruises, kayak rentals and nearby woodlands just to name a few. There is a casino in the nearby village of Christmas, along with several restaurants. The famous Brownstone Restaurant is literally within a short drive or walk. The snowmobile trail adjoins the Brownstone parking lot for easy access. to the trails. The AuTrain boat ramp is a few minutes away where you can launch your boat in Lake Superior for scenic tours or fabulous fishing. You may walk out of the lodge to enjoy the gazebo overlooking the lake or lounge on one of the decks with nearly 5,000 sq ft of outdoor entertainment space. The sand beach is steps away and you can walk to the river along the beach. Autrain Bay is noted for sandy shoreline and sandy bottom . The fishing in the Bay is good for trout and salmon. This business opportunity is based on VRBO platform has an impressive net income of over 8% with minimal owner operations. The occupancy rate would allow for more bookings to increase the net. There is potential for owners quarters in part of the Lodge without any renovations. All the appliances, equipment, supplies and furnishings come with the business providing a turn key opportunity. The Lodge is in very good condition with constant upgrades yearly. If you are looking for a positive business investment with the added value of the real estate, this Lodge will pique your interest. This is log lodge with features such as a media room, sauna, outdoor decks and gazebos, landscaping, several bedrooms and baths. There are two full kitchens and several gathering areas with two main great rooms. All of the furnishings are high end lodge style. Many guests return yearly providing essential repeat business. The property is zoned Town Development which allows for many uses including commercial, residential, and vacation rentals. This opportunity also includes a 1.2 acre vacant parcel across the highway from the lodge should the new owner wish to expand, build an owners cottage, pole barn, additional parking or another commercial venture. This property is for an entrepreneur who appreciates nature, Lake Superior and the peace found in the Upper Peninsula of Michigan. Please verify the details of the property with your agent including the square footage, inventory of included items, P&L statements upon request and any other details during your due diligence period. The main level is partially below grade so please view the total finished square footage.

Details

MLS#: 50130203
Price: $2,950,000

Style: Investment
Sq Ft: 4868
Year Built: 1992

County: Alger
Lot Size: 335x124x175x344
Tax Fee: 11915

Share With Friend






Cancel

Ask a Question







Cancel

Request More Photos







Cancel

Schedule a Showing








Cancel
  • Photo 1
  • Photo 2
  • Photo 3
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • Photo 11
  • Photo 12
  • Photo 13
  • Photo 14
  • Photo 15
  • Photo 16
  • Photo 17
  • Photo 18
  • Photo 19
  • Photo 20
  • Photo 21
  • Photo 22
  • Photo 23
  • Photo 24
  • Photo 25
  • Photo 26
  • Photo 27
  • Photo 28
  • Photo 29
  • Photo 30
  • Photo 31
  • Photo 32
  • Photo 33
  • Photo 34
  • Photo 35
  • Photo 36
  • Photo 37
  • Photo 38
  • Photo 39
  • Photo 40
  • Photo 41
  • Photo 42
  • Photo 43
  • Photo 44
  • Photo 45
  • Photo 46
  • Photo 47
  • Photo 48
  • Photo 49
  • Photo 50
  • Photo 51
  • Photo 52
  • Photo 53
  • Photo 54
  • Photo 55
  • Photo 56
  • Photo 57
  • Photo 58
  • Photo 59
  • Photo 60
  • Photo 61
  • Photo 62
  • Photo 63
  • Photo 64
  • Photo 65
  • Photo 66
  • Photo 67
  • Photo 68
  • Photo 69
  • Photo 70
  • Photo 71
  • Photo 72
  • Photo 73
  • Photo 74
  • Photo 75
  • Photo 76
  • Photo 77
  • Photo 78
  • Photo 79
  • Photo 80
  • Photo 81
  • Photo 82
  • Photo 83
  • Photo 84

Broker Contact


NORTHERN MICHIGAN LAND BROKERS
2552 US41 West
MARQUETTE, MI, 49855
US
Bob Sullivan
! 906-225-5263
! LANDCOACH@AOL.COM
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Upper Peninsula Association of Realtors
Last updated: 2024-09-25T13:48:44.000-04:00.
Privacy Policy