3730 North US 23
Black River, Michigan 48721 (metro) Alcona County
For Sale
Price: $2,497,000
Vacant Land
- View:
- above average
- Lot Size:
- 5.00 acres
- Water:
- well
- Sewer:
- septic
School District: Alcona Community Schools.
Black River, Michigan 48721 (metro) Alcona County
For Sale
Price: $2,497,000
Vacant Land
School District: Alcona Community Schools.
Package includes a vacant 4-acre property for future expansion (5-acre total), additional acreage with spring fed ponds is available. The primary business, Northern Springs LLC is licensed by the state to pump and sell 30M gallons annually. With projected (conservative) annual revenue of 15M, once "scaled up", this investment has been readied to take its ROI off the charts (premium water sells for $.50 to $8 per gallon) is included. The water source is from a deep aquifer that provides naturally ultra-filtered spring water from two artesian wells. Hard to find a better "branding" for a premium natural spring water. There are two other businesses included in this offering, Northern Springs Ice Sales and Northern Springs Self-Serve retail store located on Property. Be sure to view virtual video tour of property.