Rare opportunity to own a operating resort on Black Lake and Rainy River! Located on the east shore of Black Lake and also on the Rainy River with 7 cottages and a main home, aluminum boats, docking, picnic tables, and cottages completely furnished with turn key operations this really is ready to for the next owner to start operations of a resort! There is a sandy beach area with a sea wall and steps down into the water great for swimming and easy lake access. The boat dockage is great with electric and cleats for so many of boats to dock and with your own boat launch for east access. The rentals are nearly completely booked for the summer 2023. They have operating website and been owners since 1970 and are looking for new owners to continue what they have enjoyed for years.....
Sold for $865,000 on 01/05/24
$865,000
4492 County Road 489, Onaway, MI 49765
22beds
9baths
--sqft
Multi Family
Built in ----
-- sqft lot
$928,700 Zestimate®
$--/sqft
$910 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 18, 2024 at 09:25pm
Listed by:
Darren M Vizina 231.238.7400,
Berkshire Hathaway Homeservices Indian River,
Michael J Vizina 231-420-0124
Source: WWMLS,MLS#: 201824284
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 9
Heating
- Space Heater, Propane, Natural Gas, Forced Air, Baseboard
Appliances
- Included: Washer, Refrigerator, Microwave, Freezer, Dryer, Dishwasher
- Laundry: Main Level
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Body of water: Black Lake
Lot
- Size: 1.50 Acres
- Dimensions: 1.5 Acres (See Survey)
Details
- Additional structures: Shed(s)
- Parcel number: See Exhibit A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
Utilities & green energy
- Sewer: Septic Tank
Community & neighborhood
Location
- Region: Onaway
- Subdivision: T35N,R2E
Other
Other facts
- Listing terms: Cash,Conventional Mortgage
- Ownership: Owner