Remarks

PRICE REDUCTION OF $500,000. Lake Michigan's famous Big Bay de Noc and the Sturgeon River highlight this tract in the historic village of Nahma, Michigan. This peaceful village offers a respite from the hustle of larger towns. It is centrally located for Historic Lighthouse tours. Commercial waterfront acreage always presents exciting opportunities for the savvy entrepreneur and this tract is a very special property due to the current operations and future development possibilities. Located in Delta County in Michigan's Upper Peninsula, this Resort is in a great location for your development plans. It is just 5 miles from US 2, 25 miles from Manistique and 33 miles from Escanaba. The Hiawatha National Forest is adjacent offering thousands of acres with many lakes, rivers and waterfalls for outdoor recreation. Adjoining a snowmobile trail, this is a mecca for tourists who are outdoor enthusiasts and nature lovers alike. You will view Eagles, waterfowl, herons, deer and songbirds daily. With thousands of feet of water frontage on the big lake, river, and canals, this is a watercraft paradise. World class fishing for smallmouth bass, perch, walleye and King Salmon. So the back drop for this amazing waterfront commercial tract is superlative. The current development features a peninsula with 6 charming, two bedroom cabins built in 1997 on a canal that leads directly to Big Bay de Noc and the open waters of Lake Michigan. It adjoins a State of Michigan boat launch and has current dockage for boats. Additional dock space is available to develop a safe harbor mooring area for fishing boats or for boats to travel to the Great Lakes. This cabin peninsula also has frontage on a second canal with calm waters. There is space for 7 additional cabins that could be constructed. The peninsula also features a foot/ ATV bridge over the canal confluence to access the big lake. There is a large garage/storage building with separate units for the cabins providing housing for equipment, boats, ATVs and more. The second peninsula contains the campground with 50 sites all serviced by township water and electric. This has frontage on two canals, another bridge accessing the big lake frontage and a store with camping supplies and a bait shop. Like the cabins, this campground is operational. The third peninsula features waterfront on the Sturgeon River, a canal and extensive Big Bay de Noc/Lake Michigan frontage with spectacular long views across the water. This is vacant land with a building site at the end of the peninsula. An owner operator could improve all of the campground and facilities, build the marina, build additional cabins and build a dream home on the water in which to reside as one example. This property has unlimited potential on extensive waterfront in Michigan's beautiful Upper Peninsula. The price reduction makes these potential improvements more affordable and feasible.

Details

MLS#: 50148714
Price: $1,400,000

Style: Business
Sq Ft: 0
Year Built: 1997

County: Delta
Lot Size: per title commitment