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$1,250,000 for Sale

620 n lincoln, escanaba, MI 49829

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Property Description
Uncover an exciting business prospect with this Boutique Hotel nestled in a prime Escanaba location. Family-owned and boasting 15,000 square feet of floor space, priced at an unbeatable $113.00 per square foot?far below current market construction costs?this property presents a golden opportunity. Featuring 33 rooms, each upgraded with new air conditioning units, some new carpeting, refrigerators, and microwaves, this hotel caters to diverse needs. With 8 Queen Singles, 4 King Singles, 3 King Suites, 17 Queen Doubles, and 1 Apartment, it's equipped for various clientele. Beyond its current charm, envision the potential to transform this property into an Airbnb, tapping into the influx of travelers exploring our picturesque area. The added bonus of an apartment or living quarters on-site provides the flexibility to be your own boss or generate extra income through rentals. Seize the moment to own a piece of this flourishing hospitality venture. Contact us now to schedule a viewing and explore the endless possibilities this Boutique Hotel offers.
General Information
Sale Price: $1,250,000
Price/SqFt: $85
Status: Active
MLS#: 50119928
City: escanaba
Post Office: escanaba
County: Delta
Acres: 0.73
Lot Dim: 156x30x10x180x207x154
Size: 14,790 sq.ft.
Acreage: 0.73 est.
Year Built: 2001
Property Type: Business
Tax, Fees & Legal
Est. Summer Taxes:  $10,743
Est. Winter Taxes:  $9,567


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: TAMMY GARLING of KEY REALTY DELTA COUNTY LLC

This listing last updated: Mon, July 29, 2024 at 10:47:27 AM EDT

MIRealSource Listing Data Last Updated On Tuesday, July 30 2024 at 9:00pm
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Listings presented by:
TAMMY GARLING
KEY REALTY DELTA COUNTY LLC
Call: (906) 280-1169

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