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$799,000 for Sale

415 cedar, munising, MI 49862

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Property Description
WELL ESTABLISHED nostalgic Motel in the heart of the Upper Peninsula of Michigan. You can own your own successful business in Munising, which is a flourishing tourist town. Recently remodeled with a complete list of updates which include exterior paint, awnings, chimneys, roof, cedar sauna with tile floor, firepit, pollinator garden, 2 new water heaters, picnic tables, office floor, coffee set up for rooms, new refrigerators & microwaves in most rooms. A great deal of attention has been given to the inside of each room and the outside grounds with cherry & pear trees as well. (Improvement list provided) 12 Units plus a small laundry room, office area and managers/owner?s residence. Manager?s residence includes 2 bedrooms, 2 bath, large living room, updated kitchen, office area, utility rooms, storage areas, greenhouse. Ample parking accommodates the motel guests with additional parking for trailers available on the vacant lot along Cedar St. Additional vacant lot located ½ block North is included in the sale. Great location on a main corridor through the U.P. and within walking distance to all that you need. Neighboring Pictured Rocks National Shoreline had over 910,000 visitors in 2023 and home to Icefest. Lake Superior, many waterfalls, beaches, hiking, biking, ATV, XC skiing & snowmobiling. Sale will include Business, furnishings, fixtures, and equipment (but not the Coke collectables). Well established with repeat customers and great reviews you can read online!
General Information
Sale Price: $799,000
Price/SqFt: $142
Status: Active
MLS#: 50134415
City: munising
Post Office: munising
County: Alger
Acres: 1.2
Lot Dim: 286x150x143x100x143x50
Size: 5,635 sq.ft.
Acreage: 1.2 est.
Year Built: 1948
Property Type: Business
Tax, Fees & Legal
Est. Summer Taxes:  $7,240
Est. Winter Taxes:  $2,399


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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: AMY SCHIEDING of RE/MAX SUPERIORLAND

This listing last updated: Fri, September 13, 2024 at 10:04:42 AM EDT

MIRealSource Listing Data Last Updated On Friday, November 8 2024 at 4:15pm
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Listings presented by:
AMY SCHIEDING
RE/MAX SUPERIORLAND
Call: (906) 202-0340

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