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# 80048635
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    Views: 25 Days On Site: 123

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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, two charming short term rentals, plus an office or retail buildingâ‚'all tastefully revamped and renovated with modern day appeal. 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
      • Acreage 3.4
      • Area Municipality East Jordan (15021)
      • Body of Water Lake Charlevoix
      • County Charlevoix
      • Originating MLS Aspire North REALTORS
      • Ownership Private
      • Subdivision N/A
      • Total SqFt Finished 19845
      • Year Built 2000
      • ZONING Commercial
    • Building Features
      • Exterior Construction Frame, Steel, Vinyl Siding
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt, Metal
    • Property Features
      • Water Public Water
      • Lot Size irregular
      • Sewer Septic Public Sanitary

    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

    $211,000 Median Sales Price
    12 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 5:40:00 PM New in Database Source: Multiple Listing Service New Value: $4,999,000

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        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        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.