1853 W Old M-63 $749,900

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    1853 W Old M-63 Luther, MI 49656

    • 6.05 Acres
    • Commercial
    • MLS# 24057075
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    Views: 2 Days On Site: 15

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    Property Details

    Terraquest Real Estate & Land Company is proud to present North River's Lodge in Luther, Michigan! Nestled in the heart of the scenic Manistee National Forest, these restored early 20th-century log cabins overlook the serene Little Manistee River. The Lodge offers traditional dry fly fishing for native brook, resident rainbow, and wild brown trout. Miles of trails are available for hiking, mountain biking, snowshoeing, cross-country skiing, snowmobiling, and ATV riding, with direct trail access from the lodge. This property is centrally located in Michigan's prime river country. Canoe, kayak, or raft the nearby Pere Marquette, Pine, Manistee, and Big Sable Rivers, along with their cold, spring-fed tributaries. Exploration opportunities within this expansive wilderness are endless! The current owners have invested thousands of hours in restoration, bringing the entire compound to its present condition. Six separate cabins comfortably accommodate a range of guest numbers, each meticulously maintained. Additional buildings support various needs, including a fly shop, storage, and the main owner's quarters with an office, living space, and bedrooms. The operation has been profitable and successful, with financials available upon request. If you're looking for a premier, successful business opportunity that captures the essence of Northern Michigan's great outdoors with phenomenal trout fishing right at your fingertips, this is one to consider!

    • General Features
      • Year Built 0
      • New Construction Y/N false
      • Business Type Recreation
      • County Or Parish Lake
      • Property Sub Type Business
      • Tax Annual Amount 2976.57
    • Building Features
      • Construction Materials Wood Siding
      • Building Area Total 0.0
      • Number Of Units Total 6
      • Heating Y/N true
      • Heating Forced Air, Radiant
      • Full Bathrooms 1
      • Bathrooms 1
    • Property Features
      • Lot Size Acres 6.05
      • Lot Size Area 6.05
      • Number Of Buildings 6
      • Water Body Name Little Manistee Riv
      • Utilities Propane
      • Water Source Well
      • Waterfront Y/N true
    • Schools
      • High School District Baldwin

    Neighborhood

    49656 (Luther) Demographics

    50 Median Age
    13 Population Density (per sq. mile)
    20% College Educated
    $45,571 Estimated Median Income
    546 Estimated Total Home Owners
    94 Estimated Total Renters
    85% / 15% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,588 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $177,500 Median Sales Price
    2 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $749,900
        10/30/2024 5:14:00 PM New in Database Source: Multiple Listing Service New Value: $749,900

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.