27837 US41 Highway Active

Michigamme,MI 49861

$ 559900

- Bed

- Bath

3986 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 3,986 sqft

Price per Sqft $140

Subdivision Mi

MLS Listing ID 50122250

Year Built 1962

Annual Tax Amount $3,700

Lot Size 3.430 Acres

Acres 3.43

Lot Dimensions 400x182

Property Description

What an incredible opportunity! This one story, 10 guest room motel (outside room access) sits directly on US 41 in the heart of Michigan's Upper Peninsula. The motel was built in 1962 & is situated perfectly on just under 4 acres. Motel guests include leisure and business travelers, cross-country travelers on US 41, construction works, sportsmen & folks visiting family living locally. The motel is open year-round but could be seasonal if preferred. The motel includes a 2-bedroom completely renovated owners unit in the middle of the motel with a 1/2 basement and a great layout. Motel was recently updated w/all new energy efficient double pane vinyl frame windows and the rear of the motel has been resided. The motel office has a continental breakfast, seating area for guests & a small gift shop with unique U.P. items. The front of the motel can accommodate parking for cars, large vehicles, campers, trailers and boats. The guests like that they can park outside their room for easy access. The backyard is huge - the fire pit is the focal point of this area. The possibilities are endless - add a gazebo, tents for large gatherings & horseshoe pits. Storage is taken care of - between the detached garage, pole building, workshop and shed there is more than enough room for vehicles, lawn care & snow removal equipment. The mailing address is Michigamme but the hotel is located in Three Lakes (5 miles west of Michigamme). The motel is adjacent to three beautiful lakes including Beaufort and Ruth (public access) and also Lake George (private). The motel is located near Craig Lake State Park, Van Riper State Park, McCormick Trails, Canyon Falls and has direct access to Trail #8 (snowmobile trail). Centrally located and about an hour from Marquette (Northern Michigan University) or Houghton (Michigan Technological University). Located in a 4 seasons wonderland the possibilities for this commercial property are endless.

Location

State MI

County Baraga

Area Spurr Twp (07010)

Zoning Commercial

Interior

Heating Baseboard

Exterior

Garage 11-20 Spaces

Waterfront No

Roof Type Rubber

Building

Foundation Crawl

Water Private Well

Structure Type Hardboard,Vinyl Siding

Others

Ownership Private

SqFt Source Assessors Data

Energy Description LP/Propane Gas

Financing Cash,Commercial Loan

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