$1,400,000

620 N Lincoln, Escanaba, MI 49829, US

Summary

Style: 5 or More Units,Investment,Office
Sq Ft: 14790
Year Built: 2001

Moving Quotes

primary photo for 620 N Lincoln, Escanaba, MI 49829, US

Remarks

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.

Details

MLS#: 50119928
Price: $1,400,000

Style: 5 or More Units,Investment,Office
Sq Ft: 14790
Year Built: 2001

County: Delta
Lot Size: 156x30x10x180x207x154
Tax Fee: 20310.13

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Broker Contact

KEY REALTY DELTA COUNTY LLC
928 N. Lincoln Road
Escanaba, MI, 49829
US
Jamie Beaver
! 906-233-7455
! jamie@keyrealtydeltacounty.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Upper Peninsula Association of Realtors
Last updated: 2024-05-28T15:27:05.000-04:00.
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