$ 1,150,000
620 N Lincoln Road Escanaba, MI 49829
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,150,000
Est. payment /mo
Contingent
620 N Lincoln Road Escanaba, MI 49829
14,790 SqFt
UPDATED:
09/11/2024 01:55 PM
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
Acres 0.73
Lot Dimensions 156x30x10x180x207x154
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
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KEY REALTY DELTA COUNTY LLC