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$548,000
Est. payment /mo
3,908 SqFt
New
27837 US 41 Highway Michigamme, MI 49861
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,908 sqft
Price per Sqft $140
Subdivision Mi
MLS Listing ID 50219203
Year Built 1962
Lot Size 3.430 Acres
Acres 3.43
Lot Dimensions 530x395x675
Property Sub-Type Business
Property Description
Three Lakes Motel is located in south-eastern Baraga County, on US 41 in the Three Lakes area of Michigan's Upper Peninsula, a four seasons playground. This opportunity allows you to live, work and play without leaving home. There are many lakes nearby, including George, Beaufort, Michigamme, and Ruth within 5 miles. Several of these lakes provide public access for fishing, swimming, boating and canoeing. There are several state parks, trail systems, and waterfall viewing areas within 30 minutes of the location, all shared on their beautiful website. These include Craig Lake State Park, Van Riper State Park, McCormick Trails, Canyon Falls and has direct access to Trail #8(snowmobile trail). The motel was built in 1962 & is situated on just under 4 acres. It includes ten guest rooms, and a caretaker's residence with office adjoined. The motel office has a continental breakfast area with seating & a small gift shop with unique U.P. items. The caretaker's unit is a completely renovated two-bedroom, one bath residence in the middle of the motel with a 1/2 basement. The Motel was recently updated w/all energy efficient double pane vinyl frame windows, two hot water heaters were added to accommodate for demand, and the rear of the motel has been insulated and re-sided. The guest rooms have been updated with insulation, drywall, flooring, furniture, and shower surrounds. The rooms also have a 42" TV, microwave and mini refrigerator. There is ample storage between the detached garage, pole building, workshop and shed. There will be plenty of room for vehicles, lawn care & snow removal equipment. The circle drive in front of the motel can accommodate parking space for cars, large vehicles, campers, trailers and boats. The backyard is beautifully set up with a fire pit as the focal point. The possibilities are endless, you could add a gazebo, tents for large gatherings, as well as an outdoor game area. Please see motel reviews on Google, and Facebook.
Location
State MI
County Baraga
Area Spurr Twp (07010)
Zoning Commercial
Interior
Heating Boiler
Building
Water Private Well
Others
Ownership LLC
Financing Cash,Commercial Loan

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Listed by GREAT LAKES & LAND OF MARQUETTE, INC.
NEARBY SCHOOL & BUSINESS
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