942 S State St

SELLER FINANCING AVAILABLE! Offering NEW Land Contract terms: $125,000 Down, 5.5% Interest, 10-year Max. Term. The property is located in AuSable Twp., zoned C-3 Waterfront Mixed Use District, so it would be allowable for an owner to live in one unit and offer the other two units for rent. Current owner offers short or long-term Summer Vacation Rentals through Airbnb and VRBO, plus long-term Winter Leases (9 months); 2023 Gross Annual Rental Income was over $54,000. Seas The Day is a popular Family Oriented Mini-Resort located on an AuSable River bayou across from Lake Huron. This property includes 2 well-maintained buildings with recent extensive remodeling; offering 3 updated comfortable Family Vacation Rental Suites, sleeping up to 20 people combined. Only a few minutes' walk to shopping, dining and pristine Sandy Beaches in the twin towns of AuSable and Oscoda, the park-like property is convenient to US-23 and nearby is a large DNR Boat Launch facility. A 26 ft boat slip in the condominium Riverview Marina is also available for $1495. The real property, along with all Furniture, Furnishings, Maintenance Equipment, and the Business Name are included in the asking price. Motivated Seller! Call for more details on "Seas The Day" and to schedule your private showing!