Homes for sale - 415 Cedar Street, Munising, MI 49862

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David Godin

davidgodin@hotmail.com +1(586) 416-0600

$ 799,000

Est. payment | -/mo

5,635 SqFt

Save

$ 799,000

Est. payment | -/mo

Save

5,635 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,635 sqft

Price per Sqft $141

Subdivision Mi

MLS Listing ID 50134415

Year Built 1948

Annual Tax Amount $9,638

Tax Year 2023

Lot Size 1.200 Acres

Acres 1.2

Lot Dimensions 286x150x143x100x143x50

Property Description

WELL ESTABLISHED nostalgic Motel in the heart of the Upper Peninsula of Michigan. You can own your own successful business in Munising, which is a flourishing tourist town. Recently remodeled with a complete list of updates which include exterior paint, awnings, chimneys, roof, cedar sauna with tile floor, firepit, pollinator garden, 2 new water heaters, picnic tables, office floor, coffee set up for rooms, new refrigerators & microwaves in most rooms. A great deal of attention has been given to the inside of each room and the outside grounds with cherry & pear trees as well. (Improvement list provided) 12 Units plus a small laundry room, office area and managers/owner's residence. Manager's residence includes 2 bedrooms, 2 bath, large living room, updated kitchen, office area, utility rooms, storage areas, greenhouse. Ample parking accommodates the motel guests with additional parking for trailers available on the vacant lot along Cedar St. Additional vacant lot located ½ block North is included in the sale. Great location on a main corridor through the U.P. and within walking distance to all that you need. Neighboring Pictured Rocks National Shoreline had over 910,000 visitors in 2023 and home to Icefest. Lake Superior, many waterfalls, beaches, hiking, biking, ATV, XC skiing & snowmobiling. Sale will include Business, furnishings, fixtures, and equipment (but not the Coke collectables). Well established with repeat customers and great reviews you can read online!

Location

State MI

County Alger

Area Munising (02012)

Zoning Commercial

Interior

Heating Hot Water

Cooling Window Unit(s)

Exterior

Parking Features On Site, Parking Lot

Roof Type Shingles

Building

Foundation Slab

Water Public Water

Structure Type Hardboard,Partial-Vinyl

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Commercial Loan

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by RE/MAX SUPERIORLAND

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

42094 Garfield Rd, Clinton Twp, MI, 48038, USA

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