E22424 E Hwy 58
Grand Marais, MI 49839
MLS #1087591

Commercial
  • 8,580sq ft
$995,000
Est. P&I payment: $3800.23/mo
E22424 E Hwy 58, Grand Marais, MI 49839
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Description for E22424 E Hwy 58, Grand Marais, MI 49839
Thriving resort with seven acres and 550' of frontage on the Old Sucker River Bed (now a pond) and 500 +/- on Lake Superior. Turn key operation with good numbers. Property includes: Four cedar sided cabins built in the 1930s; completely renovated and maintained. Family friendly with repeat guest occupancy. Bedrooms range from 1 - 3 and all have full kitchens and bathrooms, plus strong rental histories. Large Inn Keepers home with two bedrooms, 2 bath and spacious living area with gorgeous views of Lake Superior and pond located on property. Also w/ rental history. New windows and siding added fall of 2016; interior remodel currently underway. A 3 story Lodge built in 2006 with 6 bedrooms, 2.5 baths, and wrap around covered porch, sauna and full walk-out basement. All homes have views of Lake Superior, in a quiet wooded setting. Also on property: 24x24 garage,tool shed, 30x44 pole barn. Heat More outside burner. Seven acres means room for expansion with more cabins, personal retreat or for development. Land Contract Available with $250,000 down.
MLS #1087591
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My Notes for MLS #1087591

General Features

  • Approx. Year Built: 2007
  • Number of Levels: 4
  • Total Number of Buildings: 9

Exterior Features

  • Exterior: Cedar,​Steel,​Wood
  • Lot Dimensions: 344x395x551x421x361x288x3
  • Outbuildings: Pole Building,​Shed,​Garage

Interior Features

  • Basement: Full,​Walkout
  • Est.Total Building SQFT: 8,580

Utility Features

  • Air Conditioning: None
  • Cable: Yes
  • Electric: Yes
  • Heat: Propane Forced Air,​Wood
  • Natural Gas: No
  • Propane Tanks: Rented
  • Sewer: Septic
  • Supplemental Heat: None
  • Telephone: Yes
  • Water: Drilled Well

Financial Features

  • Association Fee: NO
  • Financing Options: Seller Financing
  • Price Per SQFT: 115.97

Community Features

  • Body of Water: Lake Superior

Miscellaneous Features

  • Accessibility Options: Ramped Entrance
  • Business Type: Year a round resort
  • Construction: Conventional Frame
  • Foundation: Poured,​Wood
  • Green Features: Low-Flow Toilets,​Energy Star Appliances,​Natural Daylighting
  • Road Access: Year Round
  • Shoreline: Sand
  • Water View: Lake
  • Waterfront: Lake
  • Wooded: Yes

Location

 
Street View Not Available
Directions to E22424 E Hwy 58, Grand Marais, MI 49839
From the town of Grand Marais, head east on HWY 58. Sunset Cabins and Resort if located 1.5 miles down the road on the left, or north, hand side. There is a sign indicating the driveway. Please contact agent before heading to the property. The resort is in operation full time and guests are present and should not be disturbed.
The listing information for E22424 E Hwy 58, Grand Marais, MI 49839 was graciously provided by our friends at the listing brokerage, BIG LAKE REAL ESTATE

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P&I Payment $3800.23
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on U.P. Riverland Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. U.P. Riverland Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/17/2018 at 5:50pm
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