2702 N Stephenson Avenue Active

Iron Mountain,MI 49801

$ 1700000

- Bed

- Bath

24852 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 24,852 sqft

Price per Sqft $68

Subdivision Mi

MLS Listing ID 50142560

Year Built 1988

Lot Size 3.500 Acres

Acres 3.5

Lot Dimensions 506x301

Property Description

Great investment opportunity in Iron Mountain! This motel features 71 rooms (please see the associated docs for more details), a fitness center, a pool room with a 21x41 ft pool, a hot tub with jets (13x7 ft), a sauna (not currently working), a guest laundry room, two private maid closets, a breakfast room, a laundry room, a conference room, and a welcoming lobby area. Additionally, the property includes a separate building with 20 motel rooms. Situated in a prime location with 4,000 cars passing by daily, the property is close to shopping and gas stations (within a mile), and the Pine Mountain Ski & Golf Resort (ski hill and ski jumps) is only a 5 minute drive. Buyers must be pre-approved prior to showings or provide proof of funds. Financial information for the motel to be provided once a confidentiality agreement is signed.

Location

State MI

County Dickinson

Area Iron Mountain (22007)

Zoning Commercial

Interior

Heating Boiler

Cooling Wall/Window A/C

Exterior

Garage 100+ Spaces,Parking Lot

Waterfront No

Roof Type Shingles

Building

Foundation Slab

Water Public Water

Structure Type Brick,Vinyl Siding

Others

Ownership Private

SqFt Source Estimated

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional

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