5692 N US 31 HighwayLevering, Michigan49755United States
$495,000
14 BD13 BACommercial
1 of 6
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Terms Available! 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. 11.5% Cap Rate....
Terms Available! 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. 11.5% 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 $495,000 and was built in 1971. Has on a lot of 1.1 Acres and it's composed from 14 bedrooms, 13 full baths.