7917 M-123, Paradise, MI 49768 (MLS# 25-335)

7917 M-123, Paradise, MI 49768

$325,000

Property Type: Commercial Square Footage: 3,244 Status: Active

Current Price: $325,000 List Date: 5/15/2025 Last Modified: 1/15/2026

Overview

Description

Turnkey 10-Unit Hotel with Owner's Quarters in Paradise, Michigan! An exceptional opportunity awaits in the heart of Paradise, Michigan! This fully furnished 10-unit hotel offers a seamless transition for new ownership—ideal for investors or those seeking to live and work in one of Michigan's most scenic destinations. Each guest room is tastefully furnished and move-in ready, catering to seasonal tourists and year-round visitors alike. Included on-site is a spacious 3-bedroom, 2-bathroom owner's living quarters—perfect for owner occupancy, staff housing, or potential rental income. The private living space provides all the comforts of home while allowing for convenient management of the property. Nestled near the shores of Lake Superior and just minutes from Tahquamenon Falls, this well

Supplements: maintained property sits in a high-traffic area that attracts nature lovers, snowmobilers, and summer travelers. Whether you're expanding your hospitality portfolio or ready to start a lifestyle business up north, this property checks all the boxes.

Listing Details MLS# 25-335

Contract Information

For Sale or Rent: Sale

Property Information

Type: Business
Realtor.com Type: Commercial
Present Use: Hotel/Motel
Possible Use: Mixed Use
Building SqFt: 3001 - 4000
Age: 50+
Waterfront: No
# Parking Spaces: 10-20
Total SqFt.: 3244
What's Included: Furniture
Duplicate: No

Location Tax and Legal

Area: 52 - Paradise & Tahquamenon Areas
Unit #/St #/Space #: 7917
Street Name: M-123
State: MI
Zip Code: 49768
County: CHIPPEWA
Tax ID: 016-227-035-00

Directions and Remarks

Directions: M-28 toward Newberry/Munising. Turn right onto N M-123. Go approximately 21 miles. Property will be on the left.
Hot Sheet Comment: new

Location, Tax and Legal

Zoning: Commercial
School District: Tahquamenon
Special Assessment: N
Taxes: 3340
Tax Year: 2024

Basement

Slab: Yes

More Information

Extras

Furnished: Yes
Highway Access: Yes
High Traffic Locatn: Yes
High Visibility: Yes
Kitchen Area: Yes
Living Quarters: Yes

Construction

Masonry: Yes

Exterior Finish

Other: Yes

Heating

Other: Yes
Propane: Yes

Cooling

None: Yes

Water

Drilled Well: Yes

Drive

Concrete: Yes
Gravel: Yes

Sewer

Septic: Yes

Parking

11 - 25 Spaces: Yes

Possession

Negotiable: Yes

Road Surface

Concrete: Yes

Roof

Shingle: Yes

Terms

Cash: Yes
Conventional: Yes

Showing Instructions

Appt. Only: Yes

Property Features

Basement: Slab Construction: Masonry Exterior Finish: Other Cooling: None Drive: Concrete; Gravel Extras: Furnished; High Traffic Locatn; High Visibility; Highway Access; Kitchen Area; Living Quarters Heating: Other; Propane Parking: 11 - 25 Spaces Possession: Negotiable Road Surface: Concrete Roof: Shingle Sewer: Septic Water: Drilled Well Showing Instructions: Appt. Only Terms: Cash; Conventional

Documents

BS&A ›

Listing Office: CENTURY 21 Advantage Plus

Listing Agent: LeBro Team

Last Updated: January - 15 - 2026

Information deemed reliable but not guaranteed.

7917 M-123, Paradise, MI 49768 (MLS# 25-335)