$489,000
$499,500
2.1%For more information regarding the value of a property, please contact us for a free consultation.
1,040 SqFt
SOLD DATE : 05/26/2023
Key Details
Sold Price $489,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $470
Subdivision Mi
MLS Listing ID 50088805
Sold Date 05/26/23
Year Built 1960
Annual Tax Amount $4,728
Tax Year 2021
Lot Size 13.000 Acres
Acres 13.0
Lot Dimensions 489.5x1157.65
Property Description
Ever dream of owning your own successful business? How about living in a small progressive town in the Upper Peninsula of Michigan where you can enjoy a more peaceful lifestyle and be close to nature. If so, consider the possibilities of the Holiday Motel. This business opportunity features 20 large units, 13 acres of beautiful ground, full living quarters with garage and all appliances and equipment included plus plenty of room to expand or develop a campground on the back 13 acres. Many recent upgrades include newer log siding, roof, windows, air conditioning, refrigerator and microwave in every room, wireless internet and a new phone system. This is a well established business opportunity with many repeat customers and a stable gross income! Local motels are having record years during 2021 & 2022.
Location
State MI
County Schoolcraft
Area Manistique Twp (77008)
Zoning Residential,Other
Interior
Heating Boiler, Electric Heat
Cooling Wall/Window A/C, Window Unit(s)
Exterior
Parking Features 21+ Spaces, On Site, Parking Lot
Roof Type Shingles
Building
Lot Description Utilities Underground
Foundation Crawl
Water Private Well
Structure Type Frame,Hardboard,Log,Partial-Vinyl
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Electric,Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Commercial Loan
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Bought with GROVER REAL ESTATE