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1520 Us2

Gulliver, MI 49840
  • $895,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 50158358
UPDATED: 56 min ago
$895,000
  • 0
    BEDS
  • 24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,399
    SQFT
  • $107
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1962
County:

School Ratings & Info

Description

Located in the heart of Michigans Upper Peninsula, this turn key investment opportunity offers multiple streams of income with endless potential for further growth. Completely renovated in 2022, the property features 19 clean and comfortable hotel rooms (each equipped with brand new beds), along with an attached home for the owner to reside in or rent out. In addition, youll find a beautifully updated restaurant with Liquor license (currently in escrow). The restaurant was most recently operated as Bread & Bacon, serving up delicious breakfast and lunch items in a comfortable, bright, and friendly space. The property benefits from its location on the high traffic US Highway 2, of which youll be about 1.5 hours East to the Mackinac Bridge, or 2 hours West to Wisconsin. Both the hotel and restaurant are well regarded both locals and tourists alike, and a potential buyer would be walking into a business that is proven, successful, and trusted. In addition to the existing businesses on site, there is potential to add RV/Camper sites to the property as well (quoted to cost $70,000). This unique opportunity could be just the entrepreneurial venture you have been waiting for. Live on site and watch your thriving business flourish, all while benefiting from the safety and comfort of the beautiful Upper Peninsula.

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-11-05T22:49:57.697.
www.kelder.com/homes/156769234
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1520 Us2 Gulliver, MI 49840

  • Price: $895,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 56 min ago
  • MLS #: 50158358
0
Beds
0
Baths
0
½ Baths
24
Acres
8,399
SQFT
$107
$/SQFT
1962
Built
Neighborhood:
Mueller Twp (77010)
County:
Schoolcraft
Area:
Mueller Twp (77010)
Property Description
Located in the heart of Michigans Upper Peninsula, this turn key investment opportunity offers multiple streams of income with endless potential for further growth. Completely renovated in 2022, the property features 19 clean and comfortable hotel rooms (each equipped with brand new beds), along with an attached home for the owner to reside in or rent out. In addition, youll find a beautifully updated restaurant with Liquor license (currently in escrow). The restaurant was most recently operated as Bread & Bacon, serving up delicious breakfast and lunch items in a comfortable, bright, and friendly space. The property benefits from its location on the high traffic US Highway 2, of which youll be about 1.5 hours East to the Mackinac Bridge, or 2 hours West to Wisconsin. Both the hotel and restaurant are well regarded both locals and tourists alike, and a potential buyer would be walking into a business that is proven, successful, and trusted. In addition to the existing businesses on site, there is potential to add RV/Camper sites to the property as well (quoted to cost $70,000). This unique opportunity could be just the entrepreneurial venture you have been waiting for. Live on site and watch your thriving business flourish, all while benefiting from the safety and comfort of the beautiful Upper Peninsula.
Exterior Features

Exterior Construction BrickVinyl Siding Foundation Type Slab Location Rural Lot Size irregular - triangle Parking 21+ Spaces Roads U.S. Highway Roofing Shingles Substructure Types Shed Water Features None Waterfront YN No

Interior Features

Basement YN No Commercial Features ADA AccessibleBathCafe/KitchenCarpetFixturesFurnitureLiving QuartersLiving Quarters AttachedPrivate RestroomsPublic RestroomsRestroom(s)Sidewalks Fuel Type LP/Propane Gas Heating System Wall HeatElectric HeatForced Air

Property Features

Additional Documents YN No Assessments YN No Business Type Food ServiceHotel/MotelRestaurant Commercial Type Business Environmental Condition YN No Financial Terms CashCommercial LoanConventional Lease YN No License Available YN Yes License Type Liquor License - In Escrow Municipality Mueller Twp Ownership Private Present Licenses Liquor License Sale Includes Business and Real EstateInventoryLiving QuartersSupplies Sewer Septic Septic Sq Ft Source Public Records Subject To Short Sale Approval No Summer Tax Amount 1766 Summer Tax Year 2023 Total Tax Year 2023 Type 5 or More UnitsHouse Water Private Well Winter Tax Amount 4808 Winter Tax Year 2023 Zoning Commercial

Listing courtesy of GROVER REAL ESTATE : 906-341-2131.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-11-05T22:49:57.697.
 
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The Kelder Group LLC
9284 Lapeer Rd.
Davison MI, 48423