East Jordan, MI 49727,218 Elizabeth Street
East Jordan, MI 49727,218 Elizabeth Street
East Jordan, MI 49727,218 Elizabeth Street
31
$695,000
$749,000
7.2%
Est.Price: ?

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2,397 SqFt

218 Elizabeth Street East Jordan, MI 49727

Est. payment /mo
SOLD DATE : 09/23/2024

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Key Details

Sold Price $695,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 2,397 sqft

Price per Sqft $289

Subdivision Mi

MLS Listing ID 80048954

Sold Date 09/23/24

Year Built 1956

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions irregular

Property Description

Welcome to this charming motel resort located in the vibrant community of East Jordan, directly across from the scenic South Arm of Lake Charlevoix. This popular lodging facility boasts 8 beautifully updated rooms, plus an additional 2-bedroom home, perfect for owner's accommodation or additional rental income. Other features include garage, laundry/storage and a large lot with lots of on site parking Guests will enjoy stunning lake views and convenient public access to Lake Charlevoix just steps away. East Jordan is one of Northern Michigan's beloved destinations, where the Jordan River meets the South Arm of Lake Charlevoix. The area offers numerous waterfront parks, nature trails, a marina, and a lively downtown filled with shops and restaurants.---------------- This property provides easy access to Charlevoix, Boyne Mountain, Petoskey, Lake Michigan, and all the attractions that make Northern Michigan so special. Currently professionally managed, this motel resort is an excellent investment opportunity. Alternatively, it can be operated as an owner-occupied business with the spacious apartment. Don't miss your chance to own a piece of Northern Michigan paradise!

Location

State MI

County Charlevoix

Area South Arm Twp (15013)

Zoning Other

Interior

Cooling Other

Exterior

Roof Type Metal

Building

Foundation Slab

Water Public Water

Structure Type Frame

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Commercial Loan

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Berkshire Hathaway Homeservices Michigan - TC
Bought with REO-TCRandolph-233022

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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