Michigan Business For Sale

Michigan Resort & Lake Front Home For Sale

Houghton Lake, MI

Services: Hotel, Motel, Lodging

Owner Financing is Available
Owner states that there will be fantastic terms to the right buyer. Financing can include Cash, Conventional Mortgage, Owner Assist or Land Contract. Your choice.
Asking Price:
Year Established:
Employees:
Listing Number:
$695,000
1950
Not Disclosed
5977375
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed

Business Overview:

Michigan Resort & Lake Front Home For Sale For $695,000! This is an opportunity to own one of Houghton Lake's finest resorts while living in a beautiful home with guest cottage rentals & boat rentals paying the way for all of the operating expenses. This property boasts 263ft of lakefront with seawall & specially designed private sandy beach. Also included in the sale are nine (9) two bedroom, furnished log housekeeping cabins with enclosed porches for privacy. Each cabin has a full kitchen with microwave oven, spacious bathrooms with showers, cable television & more. Outside there are picnic tables, portable grills, large playground for the children to enjoy, volley ball, shuffle board, sauna & fire ring. There is a 120 feet of dock & all this is in a gorgeous park like setting. Owner's house is a charming lake front home with over 2,000 square feet of living space. It has a knotty pine interior with a spacious country kitchen & breathtaking view, 20ftX 30 ft great room with a stone fireplace, 3 bedrooms, one bath & an enclosed porch with private patio. Also included across the street is a large pole barn (40ftX 30ft) with plenty of room for storage & extra parking for boats , snowmobiles & trailers. Great opportunity with fantastic terms to the right buyer.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

Great lake view location in North Bay, Hougton Lake, Michigan. This resort has 263ft of frontage lakeside & a 120ft dock. Houghton Lake is an all sport lake, so it makes it a superb getaway resort. The grounds of this resort are all landscaped. Houghton Lake is the largest inland lake in the state of Michigan, & one of the largest natural inland lakes in the United States It is an extremely popular resort & fishing area 12 months of the year. It is also known for Tip-Up-Town USA, a large ice fishing & winter sports festival with several events on the frozen waters of the lake itself.

Market Competition and Expansion:

Good potential for increasing business. This resort is looking for an enthusiastic new Owner to take the reigns. Competition / Market: No concerns.

Reason for Selling:

Owner needs to relocate

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Michigan Resort & Lake Front Home For Sale
Business Listed By:
Jim Baker
Matchmaker Business Inc.
contact the seller
Due Diligence Checklist and Guide
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