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598 US141 $1,200,000

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598 US141 Crystal Falls, MI 49920

  • Commercial
MLS# 1110848 | Active

$1,200,000

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Days On Market: 291 460 Views
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Property Details

Paint River Landing, a resort set on 27.5 acres in Michigan's beautiful upper peninsula with over a 1/4 mile on the Paint River! This recently remodeled resort features a Restaurant & Bar, spacious enough to host large gatherings. There are nine log rental cabins/units: smallest is a stand alone cabin that can accommodate 4 people and the largest is a triplex cabin that can accommodate parties of up to 24 people under the same roof. All the cabins overlook the Paint River and each has its own private deck. The Landing hosts many special events including live music venues, weddings, family reunions, company Christmas parties & more. Log living quarters is 1800 sq ft with 3 bedrooms & 1.75 baths. There is also a pole building and a campground area. Sale to include all applicable licenses, major restaurant fixtures and furnishings with the exception of some personal wall decor (dish washing system is leased not owned). Cabins also come completely furnished and there are canoes and Kayaks on site that are rented out to guests. The campground is currently not operational but with minimal investment could add a whole new dimension to this already successful business. Original age of Restaurant structure is estimated at 1960 but was extensively remodeled within the past 10 years including but not limited to siding, roof, interior walls, heating system, septic system, kitchen upgrades etc. Rental cabins were built in 1989 and have also undergone recent improvements inside and out. Exterior logs were just power washed and refinished in 2018, many have new roofs and all have new decks.

  • General Features
    • Association Fee None
    • Area Crystal Falls T
    • Approx Year Built 1960
    • County Iron
  • Building Features
    • Construction Conventional Frame, Log
    • Cable Not Available
    • Basement Partial
    • Air Conditioning Portable Room Unit
    • Exterior Log, Wood
    • Electric Yes
    • Number of Levels 1
    • Natural Gas No
    • Heat Propane Forced Air, Space Heat
    • Foundation Block, Crawl Space, Poured, Slab
  • Property Features
    • SEWER Septic
    • Shoreline Lawn, Wooded
    • ROAD ACCESS Year Round
    • WOODED Yes
    • Total Num of Buildings 9
    • WATER Township
    • Water View River
    • Waterfront River

Contact

Danelle Dove

Office Owner

RE/MAX NORTH COUNTRY

Mobile Phone: 906-367-6331

Neighborhood

49920 (Crystal Falls) Demographics

55Median Age
10Population Density (per sq. mile)
32%College Educated
$39,821 Estimated Median Income
1,571Estimated Total Home Owners
251Estimated Total Renters
86% / 14%Estimated Owner / Renter Divide
3Estimated Average Household Size
4,139Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$87,500 Median Sales Price
5 Homes Sold
16 New On Market

Average Days on Market

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      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,200,000
      8/31/2018 11:10:00 PM New in Database Source

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      The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Upper Peninsula Board of REALTORS®. IDX Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Upper Peninsula Board of REALTORS®.