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Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Motel/Hotel/Bed & Brkfst
Listing Status Sold
Purchase Type For Sale
Square Footage 6,316 sqft
Price per Sqft $59
MLS Listing ID 50244373
Sold Date 04/29/22
Year Built 1960
Annual Tax Amount $4,501
Tax Year 2020
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Motel/Hotel/Bed & Brkfst
Property Description
Have you been thinking about owning your own business? Owner retiring after 40 yrs. With a 90% occupancy rate. This 14 unit motel comes w/ a 3 bed 1 bath home. Recent updates that include: New roof 2019, motel room windows and doors 2018, Furnace appx 8 years old, Commercial gas hot water heater appx. 4 years old. New balcony made with Trek building materials appx. 5 years old. New phone system and WIFI available for all units. Some units have had bathroom updates completed too. The motel has 6 kitchenette units with 2double beds each and many are rented out at a monthly fee to long term guest
Location
State MI
County Dickinson
Zoning B2
Rooms
Basement Block, Partial
Interior
Cooling Hot Water, Window/wall AC, Gas
Exterior
Exterior Feature Block, Brick
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
School District Norway J7
Others
Special Listing Condition Arms Length
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Bought with RANW Non-Member Account
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