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Keller Williams

7917 M-123, Paradise, MI 49768

$300,000
Property Type: Commercial Square Footage: 3,244 Status: Active
Current Price: $300,000 List Date: 6/29/2026 Last Modified: 6/29/2026

Overview

Description

Opportunity awaits in the heart of Paradise, MI! This 8-unit hotel is ready for its next owner and offers endless potential. The attached 3-bedroom, 2-bath living quarters provide comfortable on-site accommodations or can be converted back into two additional guest rooms, increasing the property to 10 rental units. Originally engineered with future expansion in mind, the building was constructed to support additional levels. Located near the area's year-round outdoor recreation and attractions, this is an excellent investment opportunity for hospitality entrepreneurs looking to grow in Michigan's beautiful Upper Peninsula.

Listing Details MLS# 26-584

Contract Information

For Sale or Rent
Sale

Property Information

Type
Other
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
Lot Dimensions
200x200
What's Included
Room furnishings
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 rifght onto N M-123. Go approximately 21 miles. Property will be on the left.
Hot Sheet Comment
new

More Information

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
Listing Office: CENTURY 21 Advantage Plus
Listing Agent: LeBro Team
Last Updated: June - 29 - 2026
Information deemed reliable but not guaranteed.