Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

Great build-site in one of Gaylord’s finest neighborhoods. Slightly elevated above the street but relatively flat; this homesite provides nice views from all sides of the lot, including sunset views looking back. Beautiful homes predominate this neighborhood. Close easy drive to both Gaylord’s business district and Boyne Mountain. All-sport Lake 27 is nearby; public access boat launch is less than 1 mi. away. Gaylord Country Club is a favorite of the locals. Membership is not required for home ownership. 1000 shares of Gaylord CC is offered with this sale; that provides discounts on merchandise, food, greens fees, & golf season passes. Gaylord Country Club No. 2 is a deed restricted community. Restrictions on file & available upon request.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

Highly visible commercial vacant land in Gaylord’s fastest growing area. Zoned B-1. Flat parcel primed for development. One of only a few parcels left near meijer, which is right across the street on the same side of the highway. MDOT 2018 traffic count on M-32 is 10,759/day; should grow as Menards opens in 2021 next to meijer. Same side of highway as meijer, their Townline Rd. entrance is across from the middle of this parcel’s east boundary on S. Townline Rd., which had a traffic count of 2836/day in 2018. Survey & positive Phase I Environmental on-file. Natural gas & fast Spectrum Internet. Parcel is more than big enough for restaurant-sized septic field. Prior Deed restrictions: no gas station or dry cleaner.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

Highly visible commercial vacant land in Gaylord’s fastest growing area. Zoned B-1. Flat parcel primed for development. One of only a few parcels left near meijer, which is right across the street on the same side of the highway. MDOT 2018 traffic count on M-32 is 10,759/day; should grow as Menards opens in 2021 next to meijer. Same side of highway as meijer, their Townline Rd. entrance is across from the middle of this parcel’s east boundary on S. Townline Rd., which had a traffic count of 2836/day in 2018. Survey & positive Phase I Environmental on-file. Natural gas & fast Spectrum Internet. Parcel is more than big enough for restaurant-sized septic field. Prior Deed restrictions: no gas station or dry cleaner.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

House, motel, cabin, & 87′ of frontage on the Thunder Bay River. Gross rent is $6150/mo @ 100% occupancy running 80+% occupancy. Month-to-month guest agreement (easy eviction). 9 motel units rent: $500/mo (7) to $600 (2). Cabin @ $600/mo. House with attached reception office rents @ $800. House is 2-3 Bdr/1 Bth with private door into reception/office. On-site coin-operated laundry. ROI estimated at 17%. Land Contract: 25% down, Interest @ 8%, Amort. at 20.2 yrs = $1250/mo. pmt. 3 yr. Balloon Pmt. Great opportunity to work from home with easy access to Pigeon River State Forest & Thunder Bay River frontage, or investors looking for cash flow. Conveys as currently equipped. Verification of sufficient funds or pre-approval letter prior to confirmation of showing request; 48 hr. notice.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

House, motel, cabin, & 87′ of frontage on the Thunder Bay River. Gross rent is $6150/mo @ 100% occupancy running 80+% occupancy. Month-to-month guest agreement (easy eviction). 9 motel units rent: $500/mo (7) to $600 (2). Cabin @ $600/mo. House with attached reception office rents @ $800. House is 2-3 Bdr/1 Bth with private door into reception/office. On-site coin-operated laundry. ROI estimated at 17%. Land Contract: 25% down, Interest @ 8%, Amort. at 20.2 yrs = $1250/mo. pmt. 3 yr. Balloon Pmt. Great opportunity to work from home with easy access to Pigeon River State Forest & Thunder Bay River frontage, or investors looking for cash flow. Conveys as currently equipped. Verification of sufficient funds or pre-approval letter prior to confirmation of showing request; 48 hr. notice.