18 Hole Golf Course in Newport, MI

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148.2 Acres, est 1960
Asking Price:
$899,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Lilac Golf Course is a very challenging 18 hole golf course for a variety of golfers. Lilac provides 5 tee choices to meet any golfing needs: Black for more professional golfers, Blue for more experienced golfers, White for average golfers or above average senior golfers, Gold for average senior golfers or experienced women golfers, and Red for average women golfers and beginning golfers. Course Length from the black tees is a whopping 6,941 yards, making it one of the longest golf courses in Michigan. Class C Resort Liquor License with outdoor and Sunday morning sales permits included (transferrable anywhere in Michigan).

Multiple outings pre-booked and leagues daily. Course equipment, golf carts (including beverage cart) and kitchen/bar equipment included. Banquet facilities, including large outdoor patio with tent included.

Other buildings include: Large metal cart barn, adjacent to clubhouse (able to hold 100 carts), Two-bay finished maintenance building with concrete floor and hoist, large storage barn, and smaller fertilizer storage building.

Possible land development opportunity with 5,000 feet of frontage. 1.8 miles from Exit 21 on I-75. High income and population density, 25 minutes south of Detroit in Monroe County. Great location.

With the high land value in this area and amount of frontage, at this price, this property won't be available long!

About the Business

Location:
Newport, Michigan
Year Established:
1960
Number of Employees:
8
Real Estate:
Owned
Building Sq. Ft.:
3,625
Facilities:
Clubhouse: 3,625 SF with city water and natural gas,
High Speed Internet Access,
Liquor License: Class C Resort Liquor License with outdoor and Sunday morning sales permits (transferable anywhere in Michigan),
Year Built: 1960,
Private Parking,
18 Hole Golf Course/Driving Range (automated Watertronic fresh water irrigation system with new irrigation and well pumps),
Zoning Description Commercial,
APN / Parcel ID 03-032-006-01,
Lot Size 148.20 AC
Website:
lilacgolf.com
Growth & Expansion:
Possible land development opportunity with 5,000 feet of frontage. 1.8 miles from Exit 21 on I-75. High income and population density, 25 minutes south of Detroit in Monroe County. Great location.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Willing to help with transition

Listing Info

ID:
1481856
Ad Detail Views:
641

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Business Listed by
Scott Hudkins

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