15279 Us-23 Presque Isle, MI ^$ 974,900

15279 Us-23

^$ 974,900

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15279 Us-23

Presque Isle, MI, 49777

^$ 974,900

Bedrooms-- Baths-- Sq 3,879

Monthly Estimate*

^$ 6,082

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Commercial Property for sale in Presque Isle, MI

for $974,900. This 3,879 square foot building was built in 1960 on a lot size of 0.8.

This rare waterfront property on Grand Lake in Presque Isle, Michigan, offers a unique opportunity to acquire a well-established marina with a strong reputation for boat rentals, shrink wrapping, and dock sales, along with a transferable dock distributorship (upon approval). The property boasts 198 feet of lake frontage, a sizable shop, and a marina store ideally positioned next to a large public park, providing potential for expansion into additional income streams like ice cream or coffee. Currently operated as a sole proprietorship, the business already generates attractive income with a solid CAP rate, and with the right vision and team, there's significant potential for growth and increased profitability. Seller will welcome seller financing with a substantial down payment and will

Commercial Active

Price

^$ 974,900

Property Type

Commercial

Taxes

^$ 999

Style

Business

Lot Size

0.8

Year Built

1960

Town/City

Presque Isle

County/Region

Presque Isle

MLS | Web ID

70477105

Features

General

Heating Baseboard

Roof Composite

Status Active Active

Year Built 1960

County Presque Isle

Class COM/IND/BUS OPP

Type Business

Municipality Krakow Twp

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Krakow Twp (71006)

Primary City Presque Isle

Directions US 23

City Presque Isle

Financial Terms Cash Land Contract

Legal Description T 34 N R 7 E SEC 27 PARC IN GOVT LOT 3 COM AT NW COR OF GOVT LOT 2 N 89DEG

DOM 163

Postal Code 49777

Price Per Sq Ft Total AG 251.33

Public Remarks This rare waterfront property on Grand Lake in Presque Isle Michigan offers a unique opportunity to acquire a well-established marina with a strong reputation for boat rentals shrink wrapping

Exterior

Exterior Frame Metal Steel Wood

Frontage 150

Body of Water Grand Lake

Lot Size Area 0.8

Lot Dimensions Irregular

Water Features Lake/River Access All Sports Lake

Roads City/County Paved Street

Waterfront Y/N Yes

Interior

Fuel Type LP/Propane Gas

* Excluded Features

List By

Thomas Rumble

Listing Agent

Exp Realty Llc

Broker

rprg.corp@gmail.com

Affordability Calculator

$6,165

Per Month

Monthly Principal & Interest: $6,082
Monthly Property Taxes: $83
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Presque Isle, MI

Average List Price ^$974,900

Percent of Sale Price 0%

About Presque Isle, MI

1,844 Population

5% Since 2002

^$52,943 Median Income

60.56 Median Age

11% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
6/24/2025	$974,900		Listed Price

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15279 Us-23, Presque Isle, MI, 49777 is a Commercial Property for sale at $974,900 with 3,879 sqft and a lot size of 0.8. 15279 Us-23 was built in 1960. The property's zip code is 49777 which is in Presque Isle, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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15279 Us-23

Commercial Property for sale in Presque Isle, MI

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