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14278 N Lake - Prime commercial space located in Grand Marais, Michigan, a waterfront community nestled on the southern shore of Lake Superior. Two years old, this one of a kind structure has over 5,000 square feet of space, with a basement for storage, and stunning views of Grand Marais Harbor from both levels. Post and beam construction was resourced from local timber, iron details were hand forged locally, and table and bathroom counter tops are custom poured concrete. What started as a restaurant has been converted into a Lodge, capable of accommodating large groups up to 16 guests. However, much of the commercial kitchen is still in place. Grand Marais is known for it's "Nature in Abundance" and as a recreational haven for boating, hiking, biking, snowmobiling, and relaxing. Small town living still exists in this quaint lakeside community, and blends well with the growing tourist industry. Unique business opportunity w/ Superior location! Lease option $20,000 security deposit, monthly payment of $5,000, five year option to buy. Land contract available w/ $120,000 down.

Listing information

  • MLS® ID: 1095561
  • Status: Active
  • Foreclosure: No
  • Lot Size: 134 x 117
  • School District: Burt Township
  • Style: Business
  • Stories: 3
  • Total Square Footage: 5,376 ($130.02 per sq. foot)
  • County: Alger
  • Body of Water: Lake Superior
  • Year Built: 2014
  • New Construction: No
  • Lot Area: 1.30
  • Neighborhood: Burt T

Features

ACCESSIBILITY OPTIONS 36 In. or More Entr. Door, 36 Inch Entrance Door, Access-Bathroom Sink, Access-Restroom, Covered Entrance, No-Step Entrance
AIR CONDITIONING None
At Ski Resort No
BASEMENT Partial
CABLE Available
CONSTRUCTION Conventional Frame
ELECTRIC Generator Included, Yes
Exclusions (Y/N) No
EXTERIOR Steel, Stone, Wood
FINANCING OPTIONS Seller Financing, Trade
Foreclosure (Y/N) No
FOUNDATION Block, Slab
HEAT In Floor
NATURAL GAS Not Available
Other Body of Water - Lake Superior, Business Type - Lodge, Est.Tot. Below Grade SQFT - 640, Total # of Buildings - 2, Trailside Description - Snow Mobile, Atv, Hiking, Zoning - C 1
OUTBUILDINGS Shed
POSSESSION 30 Days After
SEWER Septic
SHORELINE Sand
SUPPLEMENTAL HEAT Other
TELEPHONE Yes
Trailside Yes
WATER Township
Water View Lake
Waterfront None
WOODED None
Listing Courtesy of Nicole Darrow of Big Lake Real Estate