620 N Lincoln Road Contingent

Escanaba,MI 49829

$ 1150000

- Bed

- Bath

14790 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Contingent

Purchase Type For Sale

Square Footage 14,790 sqft

Price per Sqft $77

Subdivision Mi

MLS Listing ID 50119928

Year Built 2001

Annual Tax Amount $20,310

Tax Year 2023

Lot Size 0.730 Acres

Property Description

Uncover an exciting business prospect with this Boutique Hotel nestled in a prime Escanaba location. Family-owned and boasting 15,000 square feet of floor space, priced at an unbeatable $113.00 per square foot?far below current market construction costs?this property presents a golden opportunity. Featuring 33 rooms, each upgraded with new air conditioning units, some new carpeting, refrigerators, and microwaves, this hotel caters to diverse needs. With 8 Queen Singles, 4 King Singles, 3 King Suites, 17 Queen Doubles, and 1 Apartment, it's equipped for various clientele. Beyond its current charm, envision the potential to transform this property into an Airbnb, tapping into the influx of travelers exploring our picturesque area. The added bonus of an apartment or living quarters on-site provides the flexibility to be your own boss or generate extra income through rentals. Seize the moment to own a piece of this flourishing hospitality venture. Contact us now to schedule a viewing and explore the endless possibilities this Boutique Hotel offers.

Location

State MI

County Delta

Area Escanaba (21010)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Garage 21+ Spaces

Waterfront No

Roof Type Asphalt

Building

Lot Description Downtown Dev Authority

Foundation Slab

Water Public Water

Structure Type Vinyl Siding

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