14277 N Lake Avenue Active

Grand Marais,MI 49839

$ 1500000

- Bed

- Bath

3892 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 3,892 sqft

Price per Sqft $385

Subdivision Mi

MLS Listing ID 50166079

Year Built 1900

Annual Tax Amount $4,487

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25x125

Property Sub-Type Commercial/Industrial

Property Description

Booming business and building available for purchase on one of the four busiest corners in Grand Marais, the Eastern Gateway to Pictured Rocks National Lakeshore. This year round thriving outfitters store includes a second story, two bedroom, two bathroom apartment with a breathtaking view of Grand Marais Bay on Lake Superior. A major renovation of the entire building was completed in 2012, adding the 2 bedroom, 2 bathroom living quarters on the second story, and a completely revamped retail and storage area on the first floor. Rooftop solar panels were also added which offsets the year round electric bill by selling back generated electricity to the co-op. New septic was also added in 2012. Start living your dream of living and working in Grand Marais! Sale price includes inventory.

Location

State MI

County Alger

Area Burt Twp (02003)

Zoning Commercial

Interior

Heating Baseboard,Electric Heat,Zoned Heating

Exterior

Parking Features 1 Space

Roof Type Metal

Building

Foundation Piller/Post/Pier

Water Public Water,Community

Structure Type Wood

Others

Ownership Private

SqFt Source CubiCasa

Energy Description Electric,LP/Propane Gas

Financing Cash,Commercial Loan,Conventional

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