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Business For Sale

Unique Michigan Investment Opportunity

MILAN, MI

Commercial Real Estate: Land

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,900,000
Not Disclosed
Not Disclosed
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Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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0
256024203

Business Overview:

Attractive and unique investment property of 700 acres, 30 minutes from Ann Arbor and Toledo. Seven freshwater lakes comprise 300 acres, 200 acres farm land and large wooded sections. Unlimited development potential for upscale residential community, hunting and nature preserve, year-round or seasonal campground or Recreational Vehicle park, off-road vehicle paradise or combination of all of the above. The largest of the lakes is approximately 70 acres and was former limestone quarry with other lakes ranging in size from 30 to 60 acres formed from harvesting of yellow sand. Municipal water available to the site and a sequential batching sewer plant can be utilized with permission from local township authorities. Potential development of up to 700 housing units. Property currently generating over $100,000 income from six single-family residences, a commercial-storage tenant and commercial heavy-equipment auction company. A population of 2,500,000 resides within a 30-mile radius of this rural site that is only four miles from intersection with I-23 and 35 minutes from Detroit Metro Airport. The property currently brings in over $100,000 in revenue.

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

Additional Details:

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

Resources: