5692 N Us 31 Highway Levering Motel, Levering

$560,000

14 Beds
13 Baths
4,760 Sqft
1.1 Acres

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!

Essential Information
MLS® #468346
Price$560,000
Bedrooms14
Bathrooms13.00
Full Baths13
Square Footage4,760
Acres1.10
Year Built1971
TypeCOMMERCIAL/INDUSTRIAL
Sub-TypeCommercial/Industrial
Community Information
CityLevering
CountyEmmet
StateMichigan
Zip Code49755
Address

5692 N Us 31 Highway Levering Motel

Amenities
UtilitiesElectricity
Features

Off-Street Parking, Paved Roads

Interior
HeatingElectric Baseboard
Has BasementYes
BasementSlab
StoriesOne
Exterior
WindowsInsulated
RoofAsphalt Shingle
ConstructionWood Frame
School Information
DistrictPellston
Additional Information
ZoningB-2
Listing Details
This (property or listing) is courtesy of Sue Louiselle, Broker
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