Description
Ever dream of owning your own successful business? How about living in a small progressive town in the Upper Peninsula of Michigan. The Gray Wolf Lodge may make all your dreams come true. Located just outside the easterly city limits of Manistique, this motel is located adjacent to one of the busiest travel routes in the Upper Peninsula, being U.S. Highway 2. This business opportunity features 40large units, situated on 6.8 acres with full living quarters, garage and all appliances, equipment and supplies included. An added bonus is the heated indoor swimming pool. Many recent upgrades include new roof, steam boiler, commercial grade water heaters, windows, new lock systems on all rooms, new carpet in all the first floor rooms along with cable tv, refrigerators, microwaves, air conditioning and wireless internet. This is a turn key business opportunity with everything included and many repeat customers with an increasing gross income the past 3 years. As an added bonus of owning the Gray Wolf Lodge (located on the north side of US 2), you would also own601' of prime sand beach frontage south of US 2, on the northern shore of Lake Michigan. This would be a prime parcel for future development into individual building lots or just keep it as one for future use of motel guests. Financials are available along with showings by appointment only to pre-qualified buyers.
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0BEDS
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6.8ACRES
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0BATHS
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01/2 BATHS
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19,023SQFT
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$60$/SQFT
School Ratings & Info
Description
Ever dream of owning your own successful business? How about living in a small progressive town in the Upper Peninsula of Michigan. The Gray Wolf Lodge may make all your dreams come true. Located just outside the easterly city limits of Manistique, this motel is located adjacent to one of the busiest travel routes in the Upper Peninsula, being U.S. Highway 2. This business opportunity features 40large units, situated on 6.8 acres with full living quarters, garage and all appliances, equipment and supplies included. An added bonus is the heated indoor swimming pool. Many recent upgrades include new roof, steam boiler, commercial grade water heaters, windows, new lock systems on all rooms, new carpet in all the first floor rooms along with cable tv, refrigerators, microwaves, air conditioning and wireless internet. This is a turn key business opportunity with everything included and many repeat customers with an increasing gross income the past 3 years. As an added bonus of owning the Gray Wolf Lodge (located on the north side of US 2), you would also own601' of prime sand beach frontage south of US 2, on the northern shore of Lake Michigan. This would be a prime parcel for future development into individual building lots or just keep it as one for future use of motel guests. Financials are available along with showings by appointment only to pre-qualified buyers.
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Data last updated: 2022-05-28T11:47:05.57.