United StatesMichiganLevering5692 N US 31 Highway

5692 N US 31 Highway
5692 N US 31 Highway Levering, Michigan 49755 United States

$595,000
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LOCATION NOT TO MISS~The Levering Motel features 13 total rentals, with 11 studio rooms, 1 larger corner unit, attached house/office unit, Paved open parking court, maintenance shed and on site coin-op laundry. 9.6% Cap Rate. Excellent rental...
14
Bedrooms
13
Full Baths
1.1 Acres
Exterior
Commercial
Property type
1971
Year Built
468346
Web Id
468346
MLS ID
Pellston Public Schools
School District
38
days ago

About 5692 N US 31 Highway

LOCATION NOT TO MISS~The Levering Motel features 13 total rentals, with 11 studio rooms, 1 larger corner unit, attached house/office unit, Paved open parking court, maintenance shed and on site coin-op laundry. 9.6% Cap Rate. Excellent rental history with high year round occupancy. Keep the building as individual rental units or convert back to motel for seasonal tourist income. B-2 zoning offers amazing potential opportunities for this 1 acre parcel. This high visibility location is just minutes to Pellston Airport, Mackinaw City, Casinos, Lakes and Parks. Step right in to this turnkey rental business and level up!

PROPERTY INFORMATION

Basement
Slab
Sewer
Septic
Water
Well
Waterfront
Neither

EXTERIOR

Roofing
Asphalt Shingle

ADDITIONAL INFORMATION

Number of Units
13
This Levering Commercial is for Sale at $595,000 and was built in 1971. Has on a lot of 1.1 Acres and it's composed from 14 bedrooms, 13 full baths.

 

Listing Courtesy of Sue Louiselle, Broker
Listing Courtesy of Sue Louiselle, Broker
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