14284 N Lake Avenue Grand Marais, MI $ 1,500,000
14284 N Lake Avenue
$ 1,500,000
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14284 N Lake Avenue

Grand Marais, MI, 49839
$ 1,500,000
Baths0.0 Sq 3,088

Monthly Estimate*

$ 10,478

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Studio

Commercial Property for sale in Grand Marais, MI

for $1,500,000. This 3,088 square foot building was built in 1963 on a lot size of 0.2.

An Exceptional Business Venture in Michigan's Upper Peninsula! Bayshore Market and Gas Station is a crucial business in Grand Marais, providing essential services to both the year-round residents and a growing tourist population. The marketplace serves as a vital oasis for gas, groceries, beer/wine/liquor, DNR licenses & automotive needs making it an anchor for the community. During the winter months, it becomes a prime stop for snowmobilers exploring the renowned Crazy 8's Trail System, while the increasing popularity of ATVs has expanded the customer base. The downtown location makes for a quick & easy walk for campers staying at the nearby 168-site Woodland Park Campground, along with local residents. Several building improvements have been made along with upgraded operating equipment. Call for details. Did we mention an unobstructed view of the bay?

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,547

Style

Commercial/Industrial

Lot Size

0.2

Year Built

1963

Town/City

Grand Marais

County/Region

Alger

MLS | Web ID

50132523

Features
General
Heating Forced Air
Cooling Central A/C
Roof Metal
Exterior Features In Ground Tank
Zoning COM - 1 Commercial
Water Public Water
Status Active Active
Year Built 1963
Parking On Site Parking Lot
Subdivision Plat Of The Town Of West Grand Marais MI
Water Heater Electric
County Alger
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name Bayshore Market
Percent Ownership Private
Municipality Burt Twp
Commercial Features 110 Volt Power 220 Volt Power ADA Accessible Above Ground Fuel Tank Bath Cable TV Available Compressor Concrete Floor Internet Available Delivery Area Delivery Door Display Window Electric Available
Area Burt Twp (02003)
Primary City Grand Marais
Location Corner Lot Main Street
Directions Driving from the north on M77 into Grand Marais the subject property is on the north side of the road. M77 turns into Lake Ave.
City Grand Marais
Street Name Lake
Financial Terms Cash Commercial Loan Conventional
Legal Description PLAT OF THE TOWN OF WEST GRAND MARAIS LOTS 1 2 & 3 BLK 11
DOM 104
Postal Code 49839
Price Per Sq Ft 485.75
Coming Soon An Exceptional Business Venture in Michigan's Upper Peninsula! Bayshore Market and Gas Station is a crucial business in Grand Marais
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Exterior
Exterior Other
Frontage 180
Body of Water Lake Superior
Lot Size Area 0.2
Lot Dimensions 180x231x130
Lot Description Environ Audit PH1
Water Features Great Lake
Roads City/County Paved Street State Year Round
Waterfront Y/N No
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Interior
Ceiling Height 16-20 Feet
Fuel Type LP/Propane Gas
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* Excluded Features
List By
NICOLE DARROW

Listing Agent

Big Lake Real Estate

Broker

info@biglakere.com

Email

Affordability Calculator

$11,190
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$712
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$1,500,000 Listed Price

Map


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14284 N Lake Avenue, Grand Marais, MI, 49839 is a Commercial Property for sale at $1,500,000 with 3,088 sqft and a lot size of 0.2. 14284 N Lake Avenue is a studio with 0.0 baths and was built in 1963. The property's zip code is 49839 which is in Grand Marais, MI