32752 County Rd 423, Newberry, MI 49868 (MLS# 19-670)


$950,000
32752 County Rd 423
Newberry, MI 49868
MLS# 19-670



Rainbow Lodge store/cafe
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Rainbow Lodge store/cafe Large cabin Two Hearted River & Lake Superior Airstrip One of the new cabins on the bluff Inside chapel Chapel Map Inside cafe Inside cafe Cafe couner Cafe Store counter Store/cafe Store/cafe Bathrooms/showers Big cabin Big cabin Kitchen of big cabin Bedroom in one of the cabins Kitchen/dinette in big cabin one of the remodeled cabins Bath and shower Bedroom in one of the bluff cabins View from one of the bluff cabins Bedroom in one of the bluff cabins One of the remodeled cabins Rustic/camping cabin View of Lake Superior Map of area 50 x 60 frame built bldg generators Store/cafe One of the bluff cabins one of the bluff cabins Two Hearted River and Lake Superior #10 Remodeled cabin Kitchen of #10 Two Hearted River & Lake Superior by State campground Two Hearted River by the State campground Swinging Bridge over the Two Hearted by the State campground Map

Property Description
$950,000 40ac. and entire lodge. $750,000 30 ac. & excluding 1 cabin & chapel. RAINBOW LODGE BY THE TWO HEARTED RIVER & SPECTACULAR LAKE SUPERIOR! You can see for miles from the bluff & every cabin has a lake view. Business includes 5 new cabins, 3 remodeled, 1 rustic, potential store/café, 50x60 stick blt bldg & on site chapel for weddings, Sunday services, memorials, etc. There is a liq. lisc. in escrow & incl. a gas & propane dispensary. Canoe bus., canoes, equip, & van are negotiable. Two Kohler generators & inverter syst. For the plane enthusiast there is a 2400' grass airstrip. Potential 25+ site campground w/ showers! State land borders on all sides w/ trails galore for snowmobiling & trail riding all year around. Family owned since 1966. Once in a life time business opportunit

Details
Contract Information
Current Price: $950,000
List Date: 2019-06-06
List Price: $950,000
Status: Active
For Sale or Rent: Sale
Property Information
Type: Business Opportunity
Realtor.com Type: Commercial
Possible Use: Hotel/Motel
Waterfront: No
Lot Size: 1320x1320
What's Included: 40a,l bldgs. contents W/except
Duplicate: No
Location, Tax and Legal
Area: 42 - McMillan, Newberry and Soo Junction Areas
Unit #/St #/Space #: 32752
Street Name: County Rd 423
State: MI
Zip Code: 49868
County: LUCE
Zoning: res
School District: Other
Tax ID: 48-003-018-027-0200 & 48-003-018-027-0100
Section #: 27
Special Assessment: Unknown
Directions and Remarks
Directions: From Paradise: W. of blinker in Paradise approx. 16 miles to County Rd 500. N. on 500 approx. 6 miles to County Rd 414. Left on County Rd . 414 approx. 5 miles to County Rd 423. R on 423 to Rainbow Lodge.
Hot Sheet Comment: new
Book Msg 2: *** BACK ON MARKET ***
Currently Not Used
Amount of Frontage: 1320
Property Features
Basement: Block; Crawl Space; Full Basement; Slab; Walkout; Wood Foundation
Construction: Mixed; Wood Frame
Exterior Finish: Other; Vinyl
Documents on File: Financials; Photographs
Drive: Concrete; Gravel
Extras: Furnished; Handicap Access; Kitchen Area; Living Quarters; Restaurant; Restroom; Smoke Detectors; Storage; View; Window Coverings
Heating: Forced Air; Other; Propane
Parking: Parking Lot
Possession: Negotiable
Road Surface: Gravel
Roof: Metal; Shingle
Sewer: Septic
Water: Drilled Well
Showing Instructions: Appt. Only
Terms: Cash; Conventional

Listing Office: RE/MAX NorthStar Realty

Listing Agent: Garth MacMaster Jr

Last Updated: July - 31 - 2020

Information deemed reliable but not guaranteed.

Tuesday 4th of August 2020 10:40 AM