204 Water Street $4,999,000

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    204 Water Street East Jordan, MI 49727

    • 19,845 sq. ft.
    • 3.40 Acres
    • Commercial
    • MLS# 474426
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    Views: 16 Days On Site: 121

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    Property Details

    A rare opportunity to acquire a prime multi-use property including 8 unique parcels that altogether offer 360' of waterfront on Lake Charlevoix and a total land area of 3.4 acres, centrally located and walking distance to Downtown East Jordan. A powerhouse package of Northern Michigan commercial properties, this deal includes The Boathouse, a sought-after wedding and special event venue with stunning lake views; as well as an expansive boat restoration warehouse, three charming short term rentals, plus an office / retail building'”all tastefully revamped and renovated with modern-day style. These parcels are all within the Michigan Opportunity Zones. Through investments in Opportunity Zones, new housing will be built and existing housing will be improved. New small businesses will be launched. Mixed-use projects, infrastructure and community resources will be developed, and jobs will be created. The opportunities are for investors, entrepreneurs, community leaders, developers, and builders to make certain areas of Michigan better places to live, work and thrive.

    • General Features
      • Association No
      • County Charlevoix
      • Features Natural Gas, Off-Street Parking, Air-Conditioning, Common Area, Ample Parking, Paved Roads
      • Heat1 Natural Gas
      • Lake Charlevoix
      • Total Sq Ft 19845
      • Township East Jordan Cit
      • Type1 Business Opportunity, Commercial Building, Professional/Office Bldg., Residential Included
      • Utilities Electricity, Underground Utilities
      • Water City
      • Water Front Water Access Water Front
      • Water View Yes
      • Waterfront Feet 360
      • Wf Separated By Road No
    • Building Features
      • Construction Steel Frame, Wood Frame
      • Roof Metal, Asphalt Shingle
      • Stories One
    • Room Features
      • Bedrooms 0
      • Full Bathrooms 0
      • Num Of Restrooms 0
    • Property Features
      • Approx Lot Dimensions Irregular
      • Approx Number Of Acres 3.4
    • Schools
      • School District East Jordan
    • Additional Features
      • Sewer City

    Neighborhood

    49727 (East Jordan) Demographics

    47 Median Age
    50 Population Density (per sq. mile)
    34% College Educated
    $55,406 Estimated Median Income
    2,457 Estimated Total Home Owners
    452 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,951 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $250,000 Median Sales Price
    15 Homes Sold
    4 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: $4,999,000
        7/23/2024 4:36:00 PM New in Database Source: Multiple Listing Service New Value: $4,999,000

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        All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RE/MAX of Michigan shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc © All rights reserved.

        NM-MLSX (IDX) information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing



        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.