TBD Royce Rd , Ripley, MI 49930(Houghton County)

Michigan Marina For Sale on the Picturesque Portage Waterway - over 700' of water frontage. This very well built "Over-The-Water" boat storage building is located on the 10,970 acre Portage Lake, near Finlandia University (Hancock) and Michigan Tech University (Houghton) in Michigan's Upper Peninsula. This body of water is part of the Portage Waterway, a 26 miles long body of water which allows Great Lakes vessels direct passage through the Keweenaw Peninsula. During the summer over 1,000 vessels pass through this canal, as well as hundreds of personal watercraft. An area known for water recreation - the "Bridge Fest", Fishing Derbies, Seafood Fests, Waterski Shows, and Fishing are popular. The clean canal waters just off this property are home to Brown trout, Crappie, Northern pike, Rock bass, Smallmouth bass, Sturgeon, Walleye, Perch and Panfish - and there is direct access to Lake Superior for exciting "deep sea" fishing! Directly across from MTU Buildings, views from this property include the Mt. Ripley Ski Hill and the Portage Lift Bridge which connects the Keweenaw Peninsula with the mainland. When frozen, the canal is used by snowmobilers - part of Trail 3-17. The building has three indoor slips that will accommodate boats up to 48 feet long. The indoor slips are leased on an annual basis with different maturity dates. There is one outdoor slip. The outdoor slip is usually leased from May to October each year. Electricity for each slip is metered separately. A copy of an unsigned lease utilized for the subject property, and the particulars of each lease will be provided to a Buyer Prospect upon a signed Purchase Agreement. Development Possibilities are Many! MLS# 1080039