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33651590
33651602

79363 Van Dyke Ave RD W, Bruce, MI 48065

CP
6501354749
Berkshire Hathaway HomeServices Kee Realty
Listed by Berkshire Hathaway HomeServices Kee Realty
$1,699,000
412 days on market
Updated 15 days ago

79363 Van Dyke Ave RD W

Details
APN 0103400006
Property Type Business for Sale, Land (+2)
Sub Type Business and Building, Hunting/Recreational (+2)
Square Footage 1,400
NOI $29,000
Year Built 1989
Acreage 31.000

Business for Sale | 1,400 SqFt

Marketing description

For Sale: 31 Acres Zoned Residential – Premier Family, Entertainment, and Sports Golf Facility This exceptional golf facility is situated directly off Van Dyke Avenue ( M-53 ) offers an unparalleled investment opportunity. Spanning 31 acres across three parcels, this meticulously maintained property is perfectly suited for recreational use, residential development, or a combination of both. The centerpiece of this offering is a fully operational 18-hole miniature golf center, complete with serene water fountains, ambient lighting, and a spacious driving range. Guests enjoy a covered area with gazebos, making it an ideal venue for special events, school outings, business gatherings, and family celebrations. The facility is open seasonally from March through the end of October. A recently renovated 1,400-square-foot retail and office building is ready for immediate use. It features all retail merchandise, office equipment, golf equipment, furniture, and prominent signage. Two storage buildings provide ample space for inventory and equipment management. Updated irrigation ensures lush green landscaping, while the newly paved asphalt parking lot accommodates 58 vehicles. Utilities include gas, electricity, well, and septic, supporting seamless operations. This golf center has a proven track record as a beloved destination, offering immediate revenue potential. Beyond its current use, the expansive 31-acre property presents exceptional potential for residential or condominium development. With convenient access to Van Dyke Avenue and substantial acreage, it is primed for a lucrative transition to a residential community.Whether you seek to continue successful golf center operations, enhance it with new amenities, or transform it into a vibrant residential community, this property offers limitless possibilities. Don’t miss your chance to acquire this rare, versatile asset. Sold as a package to include the following parcels ( 14-01-03-400-006) (13.254) ( 14-01-03-400-008) (8.125) (14-01-03-400-007) ( 10.04) BATVAI
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Listing Contacts

CP
6501354749
Berkshire Hathaway HomeServices Kee Realty
Listed by Berkshire Hathaway HomeServices Kee Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$29,000.00
$2,416.67/mo

Valuation Metrics

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DSCR
1.71%
Cap Rate
1.71%
ROI

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