Au Train MI Commercial for Sale
$2,950,000
E4836 W M28 Au Train, MI 49806
- Type:
- Business Opportunities
- Sq.Ft.:
- 4,868
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.02 Acres
- Year built:
- 1992
- Baths:
- MLS#:
- 50130203
ADDITIONAL INFORMATION
THE LODGE. The Pinewood Lodge Estates is a magnificent log lodge on Lake Superior in the popular AuTrain area between Munising and Marquette in Michigan's beautiful Upper Peninsula. This area is famous for the sand beaches, views of Grand Island, AuTrain Island, the AuTrain River and nearby Pictured Rocks National Lakeshore. Here you will find a multitude of recreational activities utilizing Lake Superior, AuTrain Lake, Autrain River, the parks, snowmobile trails, waterfalls, boat cruises, kayak rentals and nearby woodlands just to name a few. There is a casino in the nearby village of Christmas, along with several restaurants. The famous Brownstone Restaurant is literally within a short drive or walk. The snowmobile trail adjoins the Brownstone parking lot for easy access. to the trails. The AuTrain boat ramp is a few minutes away where you can launch your boat in Lake Superior for scenic tours or fabulous fishing. You may walk out of the lodge to enjoy the gazebo overlooking the lake or lounge on one of the decks with nearly 5,000 sq ft of outdoor entertainment space. The sand beach is steps away and you can walk to the river along the beach. Autrain Bay is noted for sandy shoreline and sandy bottom . The fishing in the Bay is good for trout and salmon. This business opportunity is based on VRBO platform has an impressive net income of over 8% with minimal owner operations. The occupancy rate would allow for more bookings to increase the net. There is potential for owners quarters in part of the Lodge without any renovations. All the appliances, equipment, supplies and furnishings come with the business providing a turn key opportunity. The Lodge is in very good condition with constant upgrades yearly. If you are looking for a positive business investment with the added value of the real estate, this Lodge will pique your interest. This is log lodge with features such as a media room, sauna, outdoor decks and gazebos, landscaping, several bedrooms and baths. There are two full kitchens and several gathering areas with two main great rooms. All of the furnishings are high end lodge style. Many guests return yearly providing essential repeat business. The property is zoned Town Development which allows for many uses including commercial, residential, and vacation rentals. This opportunity also includes a 1.2 acre vacant parcel across the highway from the lodge should the new owner wish to expand, build an owners cottage, pole barn, additional parking or another commercial venture. This property is for an entrepreneur who appreciates nature, Lake Superior and the peace found in the Upper Peninsula of Michigan. Please verify the details of the property with your agent including the square footage, inventory of included items, P&L statements upon request and any other details during your due diligence period. The main level is partially below grade so please view the total finished square footage.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Au Train Real Estate
The median home value in Au Train, MI is $506,000. This is higher than the county median home value of $158,200. The national median home value is $338,100. The average price of homes sold in Au Train, MI is $506,000. Approximately 31.6% of Au Train homes are owned, compared to 1.94% rented, while 66.46% are vacant. Au Train real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Au Train real estate agent to arrange a tour today!
Au Train, Michigan has a population of 990. Au Train is less family-centric than the surrounding county with 17.44% of the households containing married families with children. The county average for households married with children is 19.92%.
The median household income in Au Train, Michigan is $59,688. The median household income for the surrounding county is $48,822 compared to the national median of $69,021. The median age of people living in Au Train is 53.8 years.
Au Train Weather
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 10.3 degrees. The average rainfall is approximately 35.5 inches per year, with 152.3 inches of snow per year.