$651,000
$699,900
7.0%For more information regarding the value of a property, please contact us for a free consultation.
9,838 SqFt
SOLD DATE : 06/28/2023
Key Details
Sold Price $651,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 9,838 sqft
Price per Sqft $66
MLS Listing ID 67023012852
Sold Date 06/28/23
Originating Board Mason Oceana Manistee Board of REALTORS®
Year Built 1975
Annual Tax Amount $10,147
Lot Size 4.940 Acres
Acres 4.94
Lot Dimensions 462 x 299 x 68 x 118 x 609 x 158 x x 80 x 235
Property Description
Incredible opportunity with this turnkey operating 31 room Seasonal Motel. The 3000sqft, 2 story living quarters has three bedroom two full bath just off the office. There are 28 rooms currently available for rent plus a one bedroom apartment rented weekly. This 28-year family run operation includes everything needed to continue the current business model. The Nova Motel stands upon 4.93 acres with 462' of frontage on PM HWY and an additional 475' of frontage on First St. The area on First St has been a parking area for large trucks and trailers but easily could be developed with its road frontage and size. Included on the parcel are two pole barns measuring 40x24 and 64x32 and an older Cape Cod home in need of rehabilitation. The entire property projects pride at every angle.
Location
State MI
County Mason
Area Pere Marquette Twp
Zoning Other
Direction From US 10, go south past railroad tracks on left
Interior
Heating Forced Air
Heat Source Electric, Natural Gas
Exterior
Pool No
Waterfront no
Roof Type Composition
Road Frontage Paved
Building
Foundation Slab
Sewer Septic Tank (Existing), Sewer at Street, Public Sewer (Sewer-Sanitary)
Water Well (Existing), Water at Street
Structure Type Aluminum,Frame,Other,Stone,Vinyl,Wood
Schools
School District Ludington
Others
Tax ID 01002410000500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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