15279 Us Highway 23 S, Presque Isle, MI 49777

this rare waterfront property on grand lake in presque isle, michigan, offers a unique opportunity to acquire a well-established marina with a strong reputation for boat rentals, shrink wrapping, and dock sales, along with a transferable dock distributorship (upon approval). the property boasts 198 feet of lake frontage, a sizable shop, and a marina store ideally positioned next to a large public park, providing potential for expansion into additional income streams like ice cream or coffee. currently operated as a sole proprietorship, the business already generates attractive income with a solid cap rate and with the right vision and team, there's significant potential for growth and increased profitability. seller will welcome seller financing with a substantial down payment and will also entertain training and guidance to help with a successful start-up to continue the success of the marina. the property could be an owner-occupied property with a few upgrades to the current structure or host a temporary structure for housing.