Business opportunity of a lifetime! 26-unit motel, house and apartment on the corner of busy US131 and M66 in the heart of northern Michigan! This motel is the only motel for miles, and is located on 2.88 acres with a split available. This property does need some renovation. This building has had a long time steady business year round and is within an hour of Gaylord, Traverse City, Petoskey, and Charlevoix. In addition to the 26 busy rooms, this property includes a nice 3 bedroom 2 bath home, as well as a large 2 bedroom apartment right behind the front desk. This motel is convenient to all northern Michigan recreation including lakes and rivers, golfing, skiing, and hunting. It is located near outstanding snowmobile trails. Total square footage of motel plus the apartment is 10,148. The manufactured home is 1456 square feet, and includes 3 bedrooms and 2 bathrooms. The original 8 rooms of the motel were built in 1958, and the remainder of the hotel was built in the 1980's. Also includes motel laundry room, 24' pole barn, and 2 story storage hut. Furnishings and fixtures included. All measurements approximate and must be verified by the buyer.
Off market
Zestimate®
$745,400
8306 S Us Highway 131, Mancelona, MI 49659
--beds
28baths
10,148sqft
MultiFamily
Built in 1980
-- sqft lot
$745,400 Zestimate®
$73/sqft
$1,090 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 28
Heating
- Gas
Cooling
- Wall
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Interior area
- Total interior livable area: 10,148 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl, Brick
Lot
- Size: 2.88 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Private Septic
Community & neighborhood
Location
- Region: Mancelona
Other
Other facts
- Sale/Rent: For Sale
- Type: Multi-Family
- APPLIANCES/EQUIPMENT: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
- Section #: 17
- (C) Bath: 2
- Terms: Cash, Other
- PROPERTY TYPE: Other
- ROAD: Public Maintained, Blacktop
- ROOF: Asphalt
- WATER: Municipal
- STYLE: Apartment
- HEATING/COOLING TYPE: Wall
- LEASE TERMS: Not For Lease
- HEATING/COOLING SOURCES: Natural Gas, Electric
- PRIMARY GARAGE: Detached
- SEWER: Private Septic
- TV SERVICE/INTERNET AVAIL: Cable TV, Cable Internet
- Type of Ownership: Private Owner
- Originating MLS: TAAR
- CONSTRUCTION: Frame, Brick, Manufactured/HUD
- DOCUMENTS ON FILE: Agency Disclosure
- EXTERIOR FINISH: Vinyl Siding, Brick
- ADDITIONAL BUILDINGS: Garden/Storage Shed, Pole Building(s)
- MINERAL RIGHTS: Unknown
- Variable Rate: Yes
- Town: T 29N
- ZONING/USE/RESTRICTIONS: Not Zoned
- Range: R 6W
- FOUNDATION: Piers
- (A) Bath: 26