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Keller Williams

33655 S TOWNLINE RD, Drummond Island, MI 49726

$149,900
Property Type: Commercial Status: Sold
Current Price: $149,900 List Date: 3/16/2015 Last Modified: 8/30/2024

Overview

Description

A great business opportunity on beautiful Drummond Island, MI You could live and work at the Bear Track Inn. This listing comes with a 4-brm house and 6-unit motel. The current owner has profitably run the business for the last 25 years. Rated by locals and regular tourists as the best place for breakfast on the island. The right individual or couple could really make this business fly. Good help is already in place. The restaurant does not currently operate during the evening mealtime and could really increase profitability if it were to pursue that segment. The Bear Track has not operated the Inn part of the business as aggressively as it could. with some additional investment in the rooms it could generate extra income as well as ready customers for the restaurant. Read more..

Supplements: There would also be the option to turn the rooms into small boutique gift shops or artisan out lets. This establishment is very popular with the four wheeler and snowmobile crowds. The price is right on this historic business. Some owner financing is available under the right circumstances.

Listing Details MLS# 15-193

Contract Information

For Sale or Rent
Sale

Property Information

Type
Business
Realtor.com Type
Commercial
Present Use
Restaurant
Possible Use
Mixed Use
Building SqFt
1501 - 2000
Age
50+
Waterfront
No
# Parking Spaces
30
Lot Dimensions
180 x 300 ft
What's Included
Restaurant, Hotel, home, land
Duplicate
No

Location Tax and Legal

Area
91 - Drummond Island
Unit #/St #/Space #
33655
Street Direction Pfx
S
Street Name
TOWNLINE
Street Suffix
RD
State
MI
Zip Code
49726
County
CHIPPEWA
Tax ID
006-269-015-00

Directions and Remarks

Directions
From Drummond Island Ferry to 4 Corners, left on Townline to end of road.
Hot Sheet Comment
new
Book Msg 2
*** NEW LISTING ***

Sold Info

Sold Date
2015-08-14

More Information

Property Features

Basement: Slab Construction: Wood Frame Exterior Finish: Wood Cooling: None Documents on File: Business License; Photographs; Wells Test Drive: Concrete Extras: Fireplace; Furnished; High Traffic Locatn; High Visibility; Kitchen Area; Living Quarters; Restaurant; Restroom; Smoke Detectors; Storage Heating: Forced Air; Propane; Wood Parking: 25 Or More Spaces Possession: Negotiable Road Surface: Black Top Roof: Metal Sewer: Septic Water: Drilled Well Showing Instructions: Appt. Only Terms: Cash; Conventional
Listing Office: COLDWELL BANKER SCHMIDT - CEDARVILLE
Listing Agent: Bruce A MacGregor
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.