13467 M-28 $439,900

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    13467 M-28 Newberry, MI 49868

    Active w/Contingencies
    Request Info
    • 5,324 sq. ft.
    • Commercial
    • MLS# 24-984
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    Views: 10 Days On Site: 40

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    Property Details

    16 unit motel in a prime, high traffic location! This well-maintained property is being sold turnkey, with all furniture, fixtures and equipment. The rooms have been updated with fresh paint and many with refurbished bathrooms. There's a large centrally located dining room, and commercial grade kitchen. On-site laundry and storage area for linens. Nicely decorated reception area with a dedicated area for continental breakfast. For the live-in owners, there's a very nice 3 bedroom 2 bath home just steps away and a heated garage for vehicles and yard implements. This is a unique opportunity to own a business with excellent reviews, easy access to snowmobile and ATV/ORV trails as well as consistent return bookings. Possible use: long term rent or senior living. Call for more details!

    • General Features
      • Type Business Opportunity
      • Possible Use Hotel/Motel
      • Present Use Hotel/Motel
      • For Sale or Rent Sale
    • Building Features
      • Roof Metal
      • Construction Mixed, Wood Frame
      • Basement Block, Crawl Space, Walkout
      • Exterior Finish Brick, Mixed
      • Parking 25 Or More Spaces, Parking Lot, Paved
      • Heating Baseboard, Electric, Forced Air, Natural Gas
      • Cooling Wall Unit
      • Extras Furnished, High Traffic Locatn, High Visibility, Highway Access, Kitchen Area, Landscaped, Laundry, Living Quarters, Manager On-Site, Restroom, Smoke Detectors, Storage, Window Coverings
    • Property Features
      • What's Included Real estate & FFE
      • Road Surface Black Top
      • Drive Black Top
      • Water Drilled Well
      • Waterfront No
      • Sewer Township
    • Schools
      • School District Tahquamenon

    Neighborhood

    49868 (Newberry) Demographics

    40 Median Age
    7 Population Density (per sq. mile)
    28% College Educated
    $46,958 Estimated Median Income
    1,235 Estimated Total Home Owners
    425 Estimated Total Renters
    74% / 26% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    5,101 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $129,500 Median Sales Price
    2 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $439,900
        11/5/2024 11:21:20 AM Status Changed Source: Multiple Listing Service New Value: Active w/Contingencies
        10/12/2024 9:52:00 AM New in Database Source: Multiple Listing Service New Value: $439,900

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Listing information is provided in part by the IDX Program of the MLS of the Eastern Upper Peninsula Board of REALTORS®. All information is deemed reliable but is not guaranteed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.