$559,900
27837 US41 Highway Michigamme, MI 49861
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$559,900
Est. payment /mo
3,986 SqFt
Active
27837 US41 Highway Michigamme, MI 49861
UPDATED:
09/04/2024 01:50 PM
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY
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