505 Second, Copper Harbor, MI MLS # 1100686

Price: $1,449,000

  • Address: 505 Second
  • City: Copper Harbor
  • County: Keweenaw
  • Zipcode: 49918
  • Lot Size: 11 acres
  • Lot Dimensions: 532 FF on Lake Fanny Hooe
  • Water Access: Waterfront
  • Body of water: Lake Fanny Hooe/Garden Brook

505 Second, Copper Harbor, MI MLS # 1100686

LIVE – WORK – AND PLAY -- LAKE FANNY HOOE - COPPER HARBOR, MICHIGAN – A destination place where you can enjoy living on Lake Fanny Hooe, a very enjoyable and warmer inland lake; be close to Lake Superior and so many recreational activities. Beautiful setting with woods, grassy yard and beach. The current owners are looking to retire and relocate which means this is a fantastic opportunity for your career change AND make an investment in your future. The campground and resort business has an 11% Cap Rate for the last two seasons (2015 and 2016) and has only been operating for approximately 4 ½ months per season. It could operate for even more months during the year for more return on your investment. The residence includes a 4 bedroom, 2 bath home and has a very nice floor plan with 3 bedrooms on the main floor and 1 master suite upstairs with bedroom and bathroom all overlooking the lake. This home and setting includes a well-maintained, turn-key, ALL season resort with approximately 532 +/- feet of water frontage on the warm inland lake with sandy beach for great swimming and has a Trout stream running through the 11+/- acres. Also included are a 14 unit motel, 3 cabins, 1 apartment, 64 seasonal campground sites, gift shop/camp store, boat rentals, propane refill station, laundromat, clubhouse, sauna, garage, outbuildings, playground, docks, grills, picnic tables, and fire pits. Home and resort are located with direct access to ATV, snowmobile, hiking, biking, and cross country ski trails. Many repeat guests add to the success of this resort and campground that is just down the road from Copper Harbor's shops, restaurants, and attractions. Business has an established website to attract new customers, www.fannyhooe.com. Sellers are willing to share their successful secrets for a training period after closing. Also listed as commercial property under MLS# 1100685. Prequalification/Letter of Reference and confidentiality agreement required prior to viewing the property and additional information. Thank you for understanding that showings/tours are only available during the operating months from opening in May through closing in October.

No addendum available

  • Category: Residential
  • Type: Single Family
  • Area: Grant T
  • Township: Grant T
  • Listing Office: CENTURY 21 NORTH COUNTRY AGENCY-H

  • Road Type: Public
  • Property Type: Traditional Single Family
  • First Floor Bathroom: Yes
  • First Floor Bedroom: Yes
  • Rental Options: No Rental Available
  • Green Features: None
  • Financing Options: None
  • Road Access: Year Round
  • Allow Export: Yes
  • Shoreline: Sand
  • Garage: Two Car,Detached
  • Outbuildings: Shed
  • Fireplace: Wood Burning
  • Extras: Appliances Negotiable,Dishwasher,Dryer,Oven/Range,Refrigerator,Sauna-Interior,Washer,Porch/Deck/Patio,Dock
  • Telephone: Yes
  • Cable: Yes
  • Natural Gas: No
  • Electric: Yes
  • Supplemental Heat: Wood
  • Heat: Electric
  • Air Conditioning: Wall Unit
  • Sewer: Township
  • Water: Township
  • Exterior: Wood
  • Foundation: Block
  • Basement: Partial
  • Construction: Conventional Frame
  • Style: 1 1/2 Story
  • Total Finished sqft: 2160
  • Bedrooms: 4
  • Baths: 2
  • Year Built: 1978
  • Living Room:
  • Dining Room:
  • Kitchen:
  • Bath 1: 1.0
  • Bath 1: 1.0






Also see our tax calculator

Location

  • Address: 505 Second
  • City: Copper Harbor
  • State: MI
  • Zipcode: 49918
  • County: Keweenaw
Download Map

Northern Michigan Land Brokers

Contact