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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
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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]

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