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505 Rainbow Park Trail, Mio, MI 48647

$650,000
  • 505 Rainbow Park Trail, Mio, MI 48647 Main Photo

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New to the Market New
BEDS0 BATHS MLS#1949019
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMI SCHOOLMio-Ausable Schools

Property Description

Turnkey Northern Michigan Resort & Canoe Livery! Rare opportunity to own an established hospitality and outdoor recreation business in the heart of Northern Michigan. Rainbow Resort & Canoe Livery includes seven fully furnished rental cabins, a 3-bedroom, 2-bath owner's residence with basement, retail store/check-in office, pole barn, maintenance building, and approximately 2.53 acres across three contiguous parcels. The successful business features an established canoe, kayak, and tube livery with shuttle fleet, river landing lease through Consumers Energy, and Michigan DNR Commercial River Use Permit. Extensive equipmentâ??including multiple 15-passenger shuttle vans, trailers, tractors, mowers, golf cart, and maintenance equipmentâ??is included, making this a truly turnkey operation. Current ownership has completed numerous capital improvements, including cabin and residence renovations, store updates, new furnishings, landscaping, signage, fire pits, grills, kayaks, tubes, and more. With a loyal repeat customer base, established online presence, and outstanding opportunities to expand direct bookings, group events, retail sales, and outdoor recreation packages, this is an exceptional investment in one of Michigan's premier vacation destinations. visit www.rainbowresortmio.com for more information

505 Rainbow Park Trail | MLS# 1949019

This multi-family property located at 505 Rainbow Park Trail, Mio, MI 48647 is currently listed for sale with an asking price of $650,000. Rainbow Park Trail is located within the Mio-Ausable Schools school district. Search Mio real estate on www.hardingrealestateteam.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Slab
Home Style: Ranch, Ranch
Lot Size: 2.53 Acres
Roof Type: Asphalt
Year Built: 1958

Feature Descriptions

Appliance(s)/Equipment: Refrigerator, Oven/Range
Construction: Other
Garage/Parking: Detached, Pole Construction
Heating/Cooling: Forced Air
Heating/Cooling Source: Natural Gas
Interior: Loft
Lot Dimensions: 2.53 Acre(s)
Outbuilding(s): Yes
Outbuilding(s): Guest House
Road: Public Maintained
Sewer: Private Septic
Water: Private Well
Water Features: River
Waterfront Type: No

Local Schools

School District: Mio-Ausable Schools

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway Homeservices - TC
Agency Phone: 231-947-7777

Shown By

Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty

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Estimated Payment

$ 3,825.50 per month $3,635.92 Principal & Interest $0.00 Property Tax (data not provided by mls) $189.58 Homeowner's Insurance

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