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204 Water Street, East Jordan 8 Properties Offered at $4,999,000 in East Jordan, MI
INVESTMENT HIGHLIGHTS
- Lakefront Event Rental on Lake Charlevoix, Expansive Boat Restoration Warehouse and Workshop, 2 Short Term Rentals, Commerical/Office Building
EXECUTIVE SUMMARY
A rare opportunity to acquire a prime multi-use property including 8 unique parcels that altogether offer 360' of waterfront on Lake Charlevoix and a total land area of 3.4 acres, centrally located and walking distance to Downtown East Jordan. A powerhouse package of Northern Michigan commercial properties, this deal includes The Boathouse, a sought-after wedding and special event venue with stunning lake views; as well as an expansive boat restoration warehouse, two charming short term rentals, plus an office / short term rental / retail building—all tastefully revamped and renovated with modern day appeal. These parcels are all within the Michigan Opportunity Zones. Through investments in Opportunity Zones, new housing will be built and existing housing will be improved. New small businesses will be launched. Mixed-use projects, infrastructure and community resources will be developed, and jobs will be created. The opportunities are for investors, entrepreneurs, community leaders, developers, and builders to make certain areas of Michigan better places to live, work and thrive.
PROPERTY FACTS
| Price | $4,999,000 | Number of Properties | 8 |
| Price / SF | $472.81 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 10,573 SF |
| Status | Active | Total Land Area | 3.43 AC |
| Price | $4,999,000 |
| Price / SF | $472.81 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 10,573 SF |
| Total Land Area | 3.43 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 205 Water St, East Jordan, MI 49727 | Flex | 2,718 SF | 2018 | - |
|
The Boathouse on Lake Charlevoix
203 Water St, East Jordan, MI 49727 |
Hospitality | 2,160 SF | 2018 | - |
| 220 Water Street, East Jordan, MI 49727 | Land | 0.80 AC | - | - |
| 104 John St, East Jordan, MI 49727 | Land | 0.23 AC | - | - |
| 0000 John Street, East Jordan, MI 49727 | Land | 0.21 AC | - | - |
| 105 Jordan St, East Jordan, MI 49727 | Land | 0.18 AC | - | - |
| 204 Water St, East Jordan, MI 49727 | Specialty | 5,000 SF | - | - |
| 201 Water St, East Jordan, MI 49727 | Specialty | 695 SF | 2018 | - |
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204 Water Street, East Jordan
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