$520,000
Paradise, MI 49768
MLS# 23-833
Status: Sold
18034 sqft
1 / 56
Property Description
36 unit interior, fully furnished and equipped motel, with living quarters, that is neat as a pin! Situated on a spacious 2.65 acres lot with plenty of parking space and room for expansion. A prime location on the main road leading to the famous Whitefish Point Lighthouse and Great Lakes Shipwreck Museum There is a loyal and repeat customer base that loves the friendly service. This is a profitable and growing business that has been operating for over 20 years. The owners have maintained the property down to the smallest detail. Located close to Taquamenon Falls and Whitefish Point's Shipwreck Museum. Great tourist spot with over 500,000 visitors each year. Plenty of parking for the ATV or snowmobile trailers. Trails are close by for the weekend enthusiasts.
Details
Contract Information
For Sale or Rent: Sale
Current Price: $520,000
List Date: 2023-08-22
List Price: $520,000
Status: Sold
Property Information
Type: Commercial Income
Realtor.com Type: Commercial
Present Use: Hotel/Motel
Possible Use: Hotel/Motel
Building SqFt: 7501 & Up
Age: 31 - 50
Lot Size: 2.645 acres
Waterfront: No
# Parking Spaces: 50+
What's Included: Most equipment, furnishings,
Duplicate: No
Total SqFt.: 18034
Lot Dimensions: irregular
Location, Tax and Legal
Zoning: Commercial
School District: Whitefish
Special Assessment: Unknown
Homestead Y/N: No
Taxes: 12299.45
Tax Year: 2022
SEV: 360800
Taxable Value: 306192
Directions and Remarks
Directions: Northwest corner of intersection M-123 and N Whitefish Point Rd.
Hot Sheet Comment: new
Basement
Block: 1
Crawl Space: 1
Extras
Fire Alarm: 1
Furnished: 1
Handicap Access: 1
Highway Access: 1
High Traffic Locatn: 1
High Visibility: 1
Laundry: 1
Living Quarters: 1
View: 1
Restroom: 1
Storage: 1
Window Coverings: 1
Construction
Masonry: 1
Mixed: 1
Wood Frame: 1
Exterior Finish
Brick: 1
Vinyl: 1
Heating
Electric: 1
Cooling
Wall Unit: 1
Documents on File
Photographs: 1
Water
Drilled Well: 1
Drive
Black Top: 1
Sewer
Septic: 1
Parking
25 Or More Spaces: 1
Possession
At Closing: 1
Road Surface
Black Top: 1
Roof
Shingle: 1
Terms
Cash: 1
Conventional: 1
Showing Instructions
Appt. Only: 1
Location Tax and Legal
Area: 52 - Paradise & Tahquamenon Areas
Unit #/St #/Space #: 8359
Street Direction Pfx: N
Street Name: Whitefish Point
Street Suffix: RD
State: MI
Zip Code: 49768
County: CHIPPEWA
Tax ID: 016-222-022-00
Sold Info
Contingent: Active w/Contingencies
Sold Date: 2023-10-06
Property Features
Basement: Block; Crawl Space
Construction: Masonry; Mixed; Wood Frame
Exterior Finish: Brick; Vinyl
Cooling: Wall Unit
Documents on File: Photographs
Drive: Black Top
Extras: Fire Alarm; Furnished; Handicap Access; High Traffic Locatn; High Visibility; Highway Access; Laundry; Living Quarters; Restroom; Storage; View; Window Coverings
Heating: Electric
Parking: 25 Or More Spaces
Possession: At Closing
Road Surface: Black Top
Roof: Shingle
Sewer: Septic
Water: Drilled Well
Showing Instructions: Appt. Only
Terms: Cash; Conventional
Listing Office: Smith & Company Real Estate
Listing Agent: FRED SMITH
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.