1119 E Lakeshore DR, Manistique, MI 49854 (MLS# 17-112)

1119 E Lakeshore DR, Manistique, MI 49854

$290,000

Property Type: Commercial Status: Sold

Current Price: $290,000 List Date: 2/15/2017 Last Modified: 8/30/2024

Overview

Description

19 unit motel with living quarters. A detached cabin 570 sq. ft. with kitchenette, a retail storage unit and mobile home for overflow. All in good/fair condition on 9+ acres. This family run business is waiting for an energetic owner to take it to the next level. Plenty of room for expansion. Older owners are ready to retire. Only been open for 7 months of the year. So possible winter sports customers for expansion. Close to Kewadin Casino and across from beautiful Lake Michigan shoreline. High traffic area, high visibility. Cable TV Internet. Good reviews.

Listing Details MLS# 17-112

Contract Information

For Sale or Rent: Sale

Property Information

Type: Commercial Income
Realtor.com Type: Commercial
Present Use: Hotel/Motel
Possible Use: Hotel/Motel
Building SqFt: 7501 & Up
Age: 50+
Waterfront: No
# Parking Spaces: 19
Lot Dimensions: 530x511x482x979x200
What's Included: Motel/units: everything
Duplicate: No

Location Tax and Legal

Area: 45 - Schoolcraft County
Unit #/St #/Space #: 1119
Street Direction Pfx: E
Street Name: Lakeshore
Street Suffix: DR
State: MI
Zip Code: 49854
County: SCHOOLCRAFT
Tax ID: 77-051-600-017-00

Directions and Remarks

Directions: US-2 business corridor to 1119 E. Lakeshore
Hot Sheet Comment: new
Book Msg 2: *** NEW LISTING ***

Sold Info

Sold Date: 2018-03-02

Location, Tax and Legal

School District: Other
Section #: 7
Special Assessment: Unknown
Homestead Y/N: Yes
Taxes: 6000
Annual $: 126000

More Information

Basement

Slab: Yes

Extras

Furnished: Yes
High Traffic Locatn: Yes
Kitchen Area: Yes
Laundry: Yes

Construction

Wood Frame: Yes

Exterior Finish

Mixed: Yes

Heating

Electric: Yes
Forced Air: Yes
Natural Gas: Yes

Cooling

Wall Unit: Yes

Documents on File

Financials: Yes
Survey: Yes

Water

Drilled Well: Yes

Sewer

City: Yes

Parking

11 - 25 Spaces: Yes
Parking Lot: Yes

Possession

Negotiable: Yes

Road Surface

Black Top: Yes

Roof

Shingle: Yes

Terms

Cash: Yes
Conventional: Yes

Showing Instructions

24 Hr Notice: Yes
Appt. Only: Yes

Property Features

Basement: Slab Construction: Wood Frame Exterior Finish: Mixed Cooling: Wall Unit Documents on File: Financials; Survey Extras: Furnished; High Traffic Locatn; Kitchen Area; Laundry Heating: Electric; Forced Air; Natural Gas Parking: 11 - 25 Spaces; Parking Lot Possession: Negotiable Road Surface: Black Top Roof: Shingle Water: Drilled Well Showing Instructions: 24 Hr Notice; Appt. Only Terms: Cash; Conventional

Listing Office: OUTSIDE OFFICE

Listing Agent: AGENT OUTSIDE

Last Updated: August - 30 - 2024

Information deemed reliable but not guaranteed.

1119 E Lakeshore DR, Manistique, MI 49854 (MLS# 17-112)