5664 S Dunns Farm Road
Glen Arbor, MI 49636

$4,500,000

Description

CRYSTAL HARBOR MARINA: Talk about location and opportunity! This property lends itself to a small multiple family residential development in concert with the boat slips and dock moorings or even a family compound. There are abundant recreational opportunities available from this location at the headwaters of the Crystal River. With the Heritage Bicycle Trail right out the door to boating activities including: pleasure cruising on the Fisher Lakes and the Glen Lakes, fishing several species of fresh water fish, water skiing, canoeing and kayaking, the opportunities are abundant. The Marina was at one time a full service marina with boat sales, repairs, fuel sales and boat rentals and these endeavors could be started again. The main marina building could easily be transformed into a restaurant with apartments or to your own home on the water. The swimming beach on Fisher Lake is hard sand bottom, warm and safe for young children. This is a special parcel of land in a special part of Up North Michigan. Environmental soil tests have been conducted and no contamination has been detected. Most all of the 8+ acres is suitable for a septic system. This property is show by appointment only.

Details

MLS#1848594
StyleIndustrial
Sub-TypeResale
StatusActive
Year1930
Days On Site205

Features

SQ Feet15,485
Story(s)1
ZoningCommercial

Market Activity 49636

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Area Information

StateMI
CountyLeelanau
CityGlen Arbor
Zip Code49636
AreaLeelanau
Listing VS Median (in 49636)
Price:
$4,500,000
low | high
Med:
$169,950
100% of Average
SqFt:
15,485
low | high
Med:
2,200
100% of Average
$ / SqFt:
$291
low | high
Med:
$77
100% of Average
On Site:
205
low | high
Med:
190.5
100% of Average
Listing Updated: 04/25/2019
MLS Number: 1848594
Listing Provided By:
Peppler 4500000  of  Coldwell Banker Schmidt-Glen A
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