980 N State ST, St. Ignace, MI 49781 (MLS# 17-1123)

980 N State ST, St. Ignace, MI 49781

$276,500

Property Type: Commercial Status: Sold

Current Price: $276,500 List Date: 8/09/2017 Last Modified: 8/30/2024

Overview

Description

This well maintained 12 unit, 7 cabin motel with a residential home sits on 3.5 acres M/L on I-75 Business Spur in the heart of St. Ignace's tourist district which in recent years has seen tremendous growth. The property is unique, having 1 acre M/L on bluff that has spectacular views of Lake Huron, Mackinac Island and St Ignace. The bluff has road access, city water and sewer and unlimited business or residential opportunities. The cabins have been well maintained and kept very clean with pine paneling throughout. Five are duplexes creating a total of ten units with cabin #6 having 3 dbl. beds and cabin #7 with 2 dbl. beds. The house is in need of repair but does have a newer roof and upgraded electrical with 220 amp. The motel has been in the same hands for 40 years with a strong

Supplements: returning clientele. St. Ignace is the 'gateway' to the Upper Peninsula with over 4.5 million visitors each year with the world famous Mackinac Island just a boat ride away, having over 1 million visitors each year. The area offers pristine beaches, boating, water activities, golfing, shopping, fishing, skiing, history, and entertainment. Call for ... (Read more)

Listing Details MLS# 17-1123

Contract Information

For Sale or Rent: Sale

Property Information

Type: Commercial Income
Realtor.com Type: Commercial
Present Use: Industrial
Possible Use: Hotel/Motel
What's Included: .
Duplicate: No

Location Tax and Legal

Area: 68 - St. Ignace Area
Unit #/St #/Space #: 980
Street Direction Pfx: N
Street Name: State
Street Suffix: ST
State: MI
Zip Code: 49781
County: MACKINAC
Tax ID: 052-160-001-00

Directions and Remarks

Directions: Main Street St. Ignace
Hot Sheet Comment: new
Book Msg 2: *** NEW LISTING ***

Sold Info

Sold Date: 2018-05-03

Location, Tax and Legal

Zoning: Commercial
School District: St. Ignace
Special Assessment: Unknown
Homestead Y/N: Yes

More Information

Water

Public: Yes

Sewer

City: Yes

Property Features

Water: Public

Listing Office: CENTURY 21 Advantage Plus

Listing Agent: Gary McDowell

Last Updated: August - 30 - 2024

Information deemed reliable but not guaranteed.

980 N State ST, St. Ignace, MI 49781 (MLS# 17-1123)