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$2,100,000 for Sale

2702 n stephenson, iron mountain, MI 49801

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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 apartment units, and the apartments have not been rented out for the last 3 years. 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.
General Information
Sale Price: $2,100,000
Price/SqFt: $85
Status: Active
MLS#: 50142560
City: iron mountain
Post Office: iron mountain
County: Dickinson
Acres: 3.5
Lot Dim: 506x301
Size: 24,852 sq.ft.
Acreage: 3.5 est.
Year Built: 1988
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0


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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: DAVE MINGAY of RE/MAX 1ST REALTY

This listing last updated: Mon, May 20, 2024 at 2:43:28 PM EDT

MIRealSource Listing Data Last Updated On Saturday, July 6 2024 at 6:40am
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DAVE MINGAY
RE/MAX 1ST REALTY
Call: (906) 361-7604

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