37985 Kings Hwy, Beaver Island, MI 49782
$68,188+/Unit
Commercial property for sale
Added: 09/14/2013
Last Update: 09/15/2013
37985 Kings Hwy
Beaver Island, MI
49782 US
Contact info
- 888-843-7469 [Office]
Description
EMERALD ISLE HOTEL ON BEAVER ISLAND, THE MOST REMOTE, INHABITED ISLAND IN THE GREAT LAKES. THE HOTEL, THE NEWEST ON THE ENTIRE ISLAND, FEATURES EIGHT TWO-BEDROOM SUITES, EIGHT EFFICIENCY UNITS, A LARGE CONFERENCE ROOM WITH A FULL KITCHEN, BASEMENT LEVEL WITH LAUNDRY AND ADDITIONAL AMENITIES. THE HOTEL IS NEAR THE FERRY DOCKS, RESTAURANTS, CHURCHES, LIBRARY, TENNIS COURT AND SANDY BEACH WITH A WONDERFUL VIEW OF LAKE MICHIGAN. BEAVER ISLAND IS 6 MILES X 13 MILES WITH A SERENE, RELAXED LIFT-STYLE, DRAWS MANY VISITORS THAT HAVE BECOME REGULAR VACATIONERS. THIS POPULAR HOTEL SHOWS EXCELLENT PROFIT MARGIN. FINANCIALS AVAILABLE TO QUALIFIED PURCHASERS. Building price details: $1,091,000.
Property Details
- Type: Hotel & Motel
- Use Types:Hotel
- Status: Available
- MSA: Iron Mountain
- Buildings: 1
Exterior Features
- Parking: Yes
- Parking Spaces: 20
Terms
- Cash to Seller
Agent
Ruth Clemens
888-843-7469 [Office]