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13604 Caberfae Highway Wellston, MI 49689-9720
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Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $76
Subdivision Mi
MLS Listing ID 70260635
Sold Date 04/11/23
Year Built 1960
Annual Tax Amount $4,500
Tax Year 2020
Lot Size 4.270 Acres
Acres 4.27
Lot Dimensions 200 x 860
Property Description
This is the perfect setting for someone looking to take over a booming vacation rental business. With limited openings left for the season, this 5 bed 2 bath house, 4 unit motel and 3 cabins make plenty of room for any occasion. Perhaps you're looking to make the house on the 4+ acre lot your primary residence and rent out the already completely remodeled 2 unit duplex, each unit complete with 2 beds, full bath, family room and kitchen area. The 2nd and 3rd cabins are nearing completion and once the new owner finishes the 4 units in the motel there will be 9 rental units on property as well as a 30 x 20 Pole barn for storage.The back of the property has roughly 2 empty acres available if you wanted to put in your own campground and rent that out as well! Endless potential here!
Location
State MI
County Manistee
Area Norman Twp (51010)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Roof Type Metal
Building
Foundation Basement
Structure Type Block,Concrete,Vinyl Siding
Others
Ownership LLC
Energy Description LP/Propane Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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