Michigamme, MI 49861,27795 US HIGHWAY 41
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Michigamme, MI 49861,27795 US HIGHWAY 41
Michigamme, MI 49861,27795 US HIGHWAY 41
Michigamme, MI 49861,27795 US HIGHWAY 41
Michigamme, MI 49861,27795 US HIGHWAY 41

$450,000

Est. payment /mo
Est.Price: ?

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27795 US HIGHWAY 41 Michigamme, MI 49861

1,200 SqFt

SOLD DATE : 07/30/2022

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

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

Year Built 1959

Lot Size 1 Sqft

Property Sub-Type BusinessandRealEstate

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 Area90051Spurrtwp

Interior

Heating Electric, WallFurnace, WindowWallUnit

Exterior

Fence Perimeter

Waterfront Description AllSportsLake, LakePrivileges, WaterAccessRights

View Y/N No

Roof Type Asphalt

Building

Foundation Block, Slab

Sewer SharedSeptic

Water Well

Schools

School District Niceishpemingnice

Others

Senior Community false

Acceptable Financing Cash, Conventional, OwnerMayCarry

Listing Terms Cash, Conventional, OwnerMayCarry

Special Listing Condition ShortSaleNo, Standard

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

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Realty Executives Showcase Commercial

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