10
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Listed by Missy Koszegi • COLDWELL BANKER SCHMIDT CHEBOYGAN
$485,000
Est. payment /mo
Active
1301 Mackinaw AVE Cheboygan, MI 49721
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Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Subdivision T38N, R2W
MLS Listing ID 201834626
Property Sub-Type Hospitality
Property Description
This 13-room motel, currently operated as monthly rentals, generates steady cash flow with a mix of small to large efficiency units. A separate 3-bedroom, 1-bath home offers additional income or a place for on-site management. Situated on 1.31 acres in a high-visibility location, the property also includes a newer laundry room for tenant convenience and multiple storage sheds. Strong rental history and room to grow--an ideal investment opportunity!
Location
State MI
County Cheboygan
Zoning T-S
Direction From Cheboygan Left on Mackinaw Ave. Property is directly after Western Ave on the left.
Rooms
Basement Crawl Space, Slab
Exterior
Present Use Motel,Rental
Road Frontage Paved
Building
Sewer Municipal
Water Municipal
Structure Type Frame
Schools
School District Cheboygan Area
Others
HOA Fee Include No
Acceptable Financing Owner
Listing Terms Owner