13990 E Chicago Road Active Save Request In-Person Tour Request Virtual Tour
Somerset Twp,MI 49233
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 1,895 sqft
Price per Sqft $430
MLS Listing ID 55024030565
Originating Board Jackson Area Association of REALTORS®
Year Built 1950
Annual Tax Amount $2,505
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 400X762
Property Description
*Seller willing to consider Land Contract terms** This property features 3 buildings with 14 motel rooms and a versatile apartment for a 15th room or Air BnB. Recent renovations and a new business model boosted average daily rates by 20% in May and 34% in June. The ranch home offers 2 beds, 1 bath, and an attached garage- perfect for a long term tenant/ STR or an owner-operator. Located a stone's throw from Lake Somerset, three other lakes within 2 miles (as well as the other 52 Lakes in the Irish Hills area), hotspot for visitors attending events at the Michigan International Speedway, Faster Horses Festival, various wedding and event venues, wineries, a charming cider mill, local parks, and renowned hunting spots. Ideal for investors seeking growth in a prime recreational area.This property is managed using 'Stayntouch' software (PMS) that allows for operation from anywhere. New 'Dormakaba' locks for all units have network connection to allow for automated check in, keypad access through integration with Stayntouch. Booking, check-in and check out can all be done electronically with a smartphone.
Location
State MI
County Hillsdale
Area Somerset Twp
Direction US12 between S. Jackson Rd & US127
Interior
Heating Forced Air,Heat Pump
Heat Source Heat Pump,Electric,Natural Gas
Exterior
Pool No
Waterfront no
Roof Type Composition,Other
Accessibility Interior Disabled Facilities
Road Frontage Paved
Building
Foundation Basement
Sewer Septic Tank (Existing)
Water Other,Well (Existing)
Structure Type Aluminum,Frame,Wood
Schools
School District Addison
Others
Tax ID 040114000031151
Ownership Private Owned
Acceptable Financing Cash,Contract,Conventional
Listing Terms Cash,Contract,Conventional
Financing Cash,Contract,Conventional
Special Listing Condition Unknown/Data Share Listings