Fantastic investment opportunity with 10 apartment units! There are four 1-bedroom apartments and six 2-bedroom apartments., all with one full bathroom. The combination of location and amenities--being close to the Indian River, the North Central Trail system, and downtown Indian River--makes it very appealing. The apartment complex offers views of the Indian River canal, which is a great selling point. Features of the apartments include a backdoor leading to a spacious backyard and an open floor plan. With passive income potential, it seems like a solid property for someone looking to invest in a growing area with a mix of outdoor activities and small-town charm. Located 1/2 mile north of Indian River, just east of Straits Highway, making travel easy for owner and tenant.
Prime 1.5+ acre vacant lot located directly on Straits Hwy, zoned for residential or commercial use. With endless potential for a variety of business ventures, this mostly flat lot offers an ideal foundation for new development. Additionally, the close proximity to downtown Indian River, makes for easy access and daily commuters and the vacationer to pass by daily. Perfect for entrepreneurs ready to build and grow!
Looking to invest or start or relocate your current business? LAND CONTRACT being offered with sufficient down payment shorter terms. Just minutes off I-75 Great business location with 2.36 acres that backs up to state land; 4,200 square foot building with full kitchen; bathrooms; office; bar area, two hall spaces, inside and outside storage units and exterior deck. Continued revenue possibilities renting out to clubs; weddings; many ideas much needed in Indian River area! *NOT ALL furniture/fixtures/equipment in pictures will be included in sale.
Well established Fudge, Chocolate & Ice Cream shop. Year after year locals and tourist have been coming Drost Chocolates & Ice Cream Shop. Wide selection of different candies, chocolates, fudge, caramel corn, ice cream. Located in the heart of down town Indian River. Open 7 days a week year around customers have gotten used to stopping in just about anytime to pick up their favorite treats. Great family operation and a chance to own your business. Sale includes Business, names, equipment, recipes, all buildings and property.
This exceptional real estate offering includes a fully operational restaurant with a liquor license and complete financials, providing a unique opportunity for qualified buyers. Seller financing is available.. Nestled in the heart of the Indian River Community, this beloved establishment has been a cornerstone for many years, renowned for its outstanding service and delicious food. Located in a prime spot next to Burt Lake State Park, the restaurant boasts a stunning 183' of frontage on the Sturgeon River and sits conveniently along a popular hiking and biking trail. Currently, the restaurant serves breakfast and lunch daily until 3 PM, with special dinner service on Friday and Saturday nights, a perfect spot for morning coffee, a hearty breakfast, or a delightful lunch or dinner.
This well established vending business has been servicing many State and County Facilities, Hospitals, Long term Care Facilities plus many Manufacturing facilities. Well established route in Northern Lower Michigan and the Eastern half of the Upper Peninsula. Sale of the business for $350,000 includes all vending machines owned by the seller, delivery truck, machine parts, walk in cooler and freeze. Buyer has an option to lease the property for $2,500 a month or purchase the property which includes a 80' X 40' heated warehouse with well & septic plus a 30' X 32' pole building all for additional $325,000.
If you are looking for your next investment or would like to be your own boss, this may be the opportunity you have been looking for. Located in Indian River, Michigan, just east of I-75's Exit 310, this multi-faceted business includes Mallory's Car Wash featuring an automatic car wash, 2 self service wash bays, and an exterior wash bay that serves large vehicles. Additionally, South Side Auto provides several revenue streams including: trailer sales including Legend Trailers; auto detailing; installation of vehicle and trailer accessories; trailer, vehicle, and boat detailing; and custom signs and vinyl graphics. The facilities are meticulously maintained with a well trained staff providing for solid operational control. Current pricing equates to a very desirable cap rate.
The median home value in Indian River, MI is $205,700. This is higher than the county median home value of $144,900. The national median home value is $338,100. The average price of homes sold in Indian River, MI is $205,700. Approximately 43.74% of Indian River homes are owned, compared to 12.35% rented, while 43.91% are vacant. Indian River 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 Indian River real estate agent to arrange a tour today!
Indian River, Michigan 49749 has a population of 2,128. Indian River 49749 is less family-centric than the surrounding county with 21% of the households containing married families with children. The county average for households married with children is 23.09%.
The median household income in Indian River, Michigan 49749 is $52,000. The median household income for the surrounding county is $53,482 compared to the national median of $69,021. The median age of people living in Indian River 49749 is 56.3 years.
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 8.4 degrees. The average rainfall is approximately 31.1 inches per year, with 103.2 inches of snow per year.