Rare opportunity to own a steady income producing rental property with direct frontage on the beautiful Sturgeon River, located right off of the 310 exit on the Golden Mile in Indian River. This investment property features three buildings on one commercial zoned parcel: one single unit and two duplexes, providing five total rental units. An excellent opportunity for multiple income streams in one convenient location. Located right off I-75 this property offers access to the area's renowned Inland Waterway, including the Sturgeon River, Indian River, Burt Lake and Mullet Lake. Indian River is known for it's small-town charm and year round recreation, offering boating, fishing, kayaking, snowmobiling, ATV, hiking and nearby state parks all with the convenient access to local shops and restaurants. This unique property has potential for multiple income streams. Whether you're an experienced investor or searching for a distinctive waterfront property this is an opportunity that doesn't come along often.
Indian River is located in Michigan. Indian River, Michigan has a population of 2,128. Indian River is less family-centric than the surrounding county with 20.83% of the households containing married families with children. The county average for households married with children is 23.09%.
The median household income in Indian River, Michigan is $52,000. The median household income for the surrounding county is $53,482 compared to the national median of $69,021. The median age of people living in Indian River is 56.3 years.
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 8.4 degrees. The average rainfall is approximately 31.1 inches per year, with 103.2 inches of snow per year.
