$775,000
$965,000
19.7%For more information regarding the value of a property, please contact us for a free consultation.
2,200 SqFt
SOLD DATE : 04/05/2019
Key Details
Sold Price $775,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $352
MLS Listing ID 09987166
Sold Date 04/05/19
Year Built 1953
Annual Tax Amount $5,250
Tax Year 2016
Lot Dimensions 145 X 236 X 100 X 341
Property Description
This is a turn key business in the fall and spring. 94 slips - $1200-$1500/slip. Property appraised at $1,250,000 in 2017; floating docks which do not have to be taken in every year appraised for $780,000. (Floating docks have a shelf life of 40 years.) Key required to gain access to docks. Next door to Freddie's Restaurant with a 400 seat occupancy. Management exposure is minimal, could be a hobby operation. Owner also now does shrink wrapping, in and out movement of boats. Home on premises features two bedrooms, hardwood floors, new windows, lake view, and 25x25 barn with cement floor. All on 3/4 of an acre! Owner is moving to his other home in Door County. He is open to contract sales and other offers. Seller would consider other financing options.
Location
State IL
County Lake
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Wood Frame
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Bought with Eddy Dingman • Coldwell Banker Commercial NRT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "