Skip To Content

E4836 W M28

Au Train, MI 49806
  • $2,950,000
  • STATUS: Active
  • ON SITE: 153 Days
  • MLS #: 50130203
UPDATED: 125 min ago
$2,950,000
  • 0
    BEDS
  • 3.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,868
    SQFT
  • $606
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1992
County:

School Ratings & Info

Description

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.

Monthly Payment Calculator



[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. 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. Data last updated: 2024-05-22T23:50:09.027.
www.sellsmi.com/homes/146184102
Print Image

E4836 W M28 Au Train, MI 49806

  • Price: $2,950,000
  • Status: Active
  • On Site: 153 Days
  • Updated: 125 min ago
  • MLS #: 50130203
0
Beds
0
Baths
0
½ Baths
3.02
Acres
4,868
SQFT
$606
$/SQFT
1992
Built
Neighborhood:
Onota Twp (02013)
County:
Alger
Area:
Onota Twp (02013)
Property Description
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.
Exterior Features

Exterior Construction BlockLog Exterior Features Deck/Patio Foundation Type Basement Frontage 335 Lake Name Lake Superior Lot Size 335x124x175x344 Parking On Site Roads City/CountyYear Round Water Features Great LakeLake Frontage Waterfront YN Yes

Interior Features

Basement YN Yes Commercial Features Cable Internet InstalledTelephone Cooling System Central A/C Fuel Type LP/Propane GasNatural Gas Heating System Hot WaterNone

Property Features

Additional Documents YN No Assessments YN No Business Name Pinewood Lodge Estates Commercial Type Business Environmental Condition YN No Financial Terms CashConventional Lease YN No License Available YN No Municipality Onota Twp Ownership LLC Sale Includes Living Quarters SEV 288100 Sev Year 2021 Sewer Septic Septic Sq Ft Source Measured Subject To Short Sale Approval No Summer Tax Amount 3111 Summer Tax Year 2021 Taxable Value 278904 Total Tax Amount 11915 Total Tax Year 2021 Type Investment Water Private Well Winter Tax Amount 8804 Winter Tax Year 2021 Zoning Other

Listing courtesy of NORTHERN MICHIGAN LAND BROKERS : 906-225-5263.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. 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.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. 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. Data last updated: 2024-05-22T23:50:09.027.
 
https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_2_50130203-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_2_50130203-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_2_50130203-2.jpg
Logo
The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507