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$559,900 for Sale

27837 us41, michigamme, MI 49861

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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.
General Information
Sale Price: $559,900
Price/SqFt: $140
Status: Active
MLS#: 50122250
City: spurr twp
Post Office: michigamme
County: Baraga
Acres: 3.43
Lot Dim: 400x182
Size: 3,986 sq.ft.
Acreage: 3.43 est.
Year Built: 1962
Tax, Fees & Legal
Est. Summer Taxes:  $1,200
Est. Winter Taxes:  $2,500


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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: KELLIE HILLIER-GENSCHAW of RE/MAX 1ST REALTY

This listing last updated: Thu, May 16, 2024 at 9:58:41 AM EDT

MIRealSource Listing Data Last Updated On Saturday, July 6 2024 at 7:10am
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KELLIE HILLIER-GENSCHAW
RE/MAX 1ST REALTY
Call: (906) 361-7653

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