E4836 W M28, Au Train, MI 49806

  • $2,950,000
  • $2,950,000
E4836 W M28, Au Train, MI 49806

Overview

Property ID: HZ874837
  • Business
  • Property Type
  • 4868
  • Sqft

Description

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.

  • Address E4836 W M28
  • City Au Train
  • State/county MI
  • Zip/Postal Code 49806
  • Country United States

Details

Updated on January 3, 2024 at 7:51 pm
  • Property ID: HZ874837
  • Price: $2,950,000
  • Property Size: 4868 Sqft
  • Land Area: 3.02 Acres
  • Property Type: Business
  • Property Status: For Sale
  • MLS#: 50130203
  • Office Name: NORTHERN MICHIGAN LAND BROKERS
  • Agent Name: BOB
  • MLS Status: Active

Additional details

  • List Office MLSID: 107012
  • List Agent MLSID: 692754
  • List Date: 2023-12-21
  • Sewer: Septic
  • Cooling: Central A/C
  • Heating: Hot Water,None
  • Total Tax Amount: 11915
  • Tax Year: 2021
  • County: Alger
  • Property SubType: Business
  • Parking: On Site
  • Water Features: Lake Frontage,Great Lake

Features

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