$1,700,000
2702 N Stephenson Avenue Iron Mountain, MI 49801
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$1,700,000
Est. payment /mo
24,852 SqFt
Active
2702 N Stephenson Avenue Iron Mountain, MI 49801
UPDATED:
10/07/2024 05:33 PM
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY
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