Spurr Twp, MI 49861,27795 US HIGHWAY 41
$450,000
$450,000
Est.Price: ?

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1,200 SqFt

27795 US HIGHWAY 41 Spurr Twp, MI 49861

Est. payment /mo
SOLD DATE : 07/30/2022

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Key Details

Sold Price $450,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $375

MLS Listing ID 2210072981

Sold Date 07/30/22

Originating Board Realcomp II Ltd

Year Built 1959

Annual Tax Amount $810

Lot Size 1.250 Acres

Acres 1.25

Lot Dimensions 360 X 360 X 152 X 152

Property Description

ROI over 20 %! LAKE RUTH MARINE an ESSENTIAL BUSINESS and UP's most renown, time honored 50 year old family Marine Business in the same location on US 41 directly across the street from and beautiful views of Lake George. Sale is inclusive of Land; Buildings; Inventory and Vehicles (totaling over $375,000); Exclusive Dealerships with Largest Boat,Docking and Engine Manufacturers covering the UP.All inventory,including but not limited to Boats,Docking,Paddle Boats,Engines/Props,Trailers,Vehicles (including 2 Trucks),New and Used Boats,Docking and thousands of retail parts,ancillary marine and fishing products,etc.Operation May to October is turn key,non owner operated and staffed by long term employees and the original family owners.Sales and income increasing year over year.Business Operations:Sales and Servicing of boats,docks, engines,retail sales of all marine parts and fishing apparatus.Boat and engine winterizing, shrink wrap and boat storage,dock install/pull outs.Immed Income

Location

State MI

County Baraga

Area Spurr Twp

Zoning Commercial

Direction LAKE RUTH MARINE On US 41 in Michigamme

Body of Water Lake George

Interior

Hot Water Electric

Heating Wall/Floor Furnace

Heat Source Electric

Exterior

Exterior Feature Fenced

Utilities Available 220V Available

Waterfront Description Lake Privileges

Roof Type Asphalt

Accessibility Accessible Common Area, Accessible Doors, Accessible Entrance, Other Accessibility Features

Road Frontage Class A, Paved

Building

Foundation Slab

Sewer Shared Septic (Common)

Water Well (Existing)

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry

Schools

School District Nice (Ishpeming) N.I.C.E

Others

Tax ID 00506703600

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Owner May Carry(Purchase Money Mortgage)

Rebuilt Year 2019

Listing Terms Cash, Conventional, Owner May Carry(Purchase Money Mortgage)

Financing Cash,Conventional,Owner May Carry(Purchase Money Mortgage)

Special Listing Condition Full Service

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Realcomp MLS
Listed by Linda Howe of Howe Team, Inc
Bought with Howe Team, Inc

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agent

Barrett Real Estate

+1(480) 864-2100

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