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2453 Main Avenue - Turnkey waterfront resort on Arbutus Lake. This profitable business sets on 2.5 acres with 125 feet of sandy beach. This resort has 1o0cottages, including the 3 br owners home, plus RV sites. Arbutus Lake is one of the most scenic lakes in the region and is only 10 miles from downtown Traverse City. This long time operating resort has great repeat customers and comes with everything you need. Truly a classic resort with one of the best beaches around. A great opportunity to live the Northern Michigan dream.

Listing information

  • MLS® ID: 1807520
  • Status: Active
  • New Construction: No
  • Lot Area: 2.50
  • Body of Water: Arbutus Lake
  • Style: Commercial
  • Stories: 0
  • Foreclosure: No
  • Lot Size: irregular
  • Year Built: 1940
  • Parking Type Description: Other 0 cars
  • Total Square Footage: 40,000 ($17.38 per sq. foot)
  • County: Grand Traverse

Features

Business Incl Yes
CONSTRUCTION Frame, Other
Deeded Waterfront Yes
DOCUMENTS ON FILE None
ECO Features No
ENERGY EFFICIENT Not Applicable
EXTERIOR FEATURES Log Siding, Vinyl, Wood
Extras None
FOUNDATION Other
HEATING/COOLING SOURCE Propane Gas
HEATING/COOLING TYPE Forced Air, Wall
Inventory Incl Yes
LICENSES None
LOCATION Other
Other Business Name - Shady Crest Resort, Development Name - Arbutus Lake, Water Front Footage - 125, Year Remodeled - 2012
PARKING Other
POSSESSION Negotiable
PRESENT USE Recreational/Resort
Private/Shared Private
Real Estate Incl Yes
RENEWABLE Not Applicable
ROAD Privately Maintained
ROOF Asphalt, Wood
SEWER Shared Septic
TERMS Cash, Commercial Loan
UNIVS DESIGN/BARRIER FREE None
Vacant Land No
WATER Shared Well
WATER CONSERVATION Not Applicable
ZONING Multi-Family, Residential
Listing Courtesy of Kenneth Weaver of Traverse North Realty 1011 E. Eighth St #1 Traverse City Mi 49686