REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 175,000
Est. payment | /mo
1,800 SqFt
$ 175,000
Est. payment | /mo
1,800 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $97
MLS Listing ID 80055187
Year Built 1973
Annual Tax Amount $1,678
Lot Size 4.500 Acres
Acres 4.5
Lot Dimensions 650 x 300
Property Sub-Type Business
Property Description
Rollway Resort is a unique business opportunity. Business includes an outfitter's license to operate on the AuSable River. This license grants exclusive rights for river-based recreational services, such as cabin rental and equipment rentals, ensuring the buyer can continue established operations seamlessly. Located on 4.5 acres of leased National Forest land, home, and out buildings this property features a 4-bedroom, 2-bath home, two rental cabins, pontoon rentals, also includes a Rifle River rental contract. Upgrades include a renovated kitchen (2024), new roof and windows (2017), Generac generator, updated electric boxes (2025), newer well pump, and pellet stove. The outfitter business comes with inventory including: pontoons, kayaks, trailers, paddle boats, and electric bikes. This sale is for a Special Use Permit to operate on the AuSable River, 13 years remain on 20-year lease. Cost of lease is $300 per year plus 5% of proceeds. There is also a 7-year lease to operate with Rifle River State Park which has a 10% of gross revenues per year lease payment. Financials are available upon buyers’ proof of funds and a signed NDA. Cash-only; sale contingent on USDA Forest Service approval of conveyance and transfer of State of Michigan contract.
Location
State MI
County Iosco
Area Plainfield Twp (35007)
Zoning Commercial
Interior
Heating Baseboard, Forced Air
Exterior
Parking Features Parking Lot
Roof Type Metal
Building
Foundation Slab
Water Private Well
Structure Type Frame,Wood
Others
Ownership Private
Energy Description Electric
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by HAPPY ACRES REAL ESTATE
Schools and Properties Nearby
Learn More About LPT Realty
Shannon Bagdonas
Team Lead / Broker Partner