MI > Gulliver > Mi
Gulliver, MI 49840,1520 US2 Highway
Gulliver, MI 49840,1520 US2 Highway
Gulliver, MI 49840,1520 US2 Highway
Gulliver, MI 49840,1520 US2 Highway
Gulliver, MI 49840,1520 US2 Highway
Gulliver, MI 49840,1520 US2 Highway
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Tanisha Perona

Tanisha Perona

+1(401) 484-0130
$ 895,000
Est. payment | /mo

8,399 SqFt

Save
$ 895,000
Est. payment | /mo
Save

8,399 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,399 sqft

Price per Sqft $106

Subdivision Mi

MLS Listing ID 50158358

Year Built 1962

Tax Year 2023

Lot Size 24.000 Acres

Acres 24.0

Lot Dimensions irregular - triangle

Property Sub-Type Business

Property Description

Located in the heart of Michigan's Upper Peninsula, this turn key investment opportunity offers multiple streams of income with endless potential for further growth. Completely renovated in 2022, the property features 19 clean and comfortable hotel rooms (each equipped with brand new beds), along with an attached home for the owner to reside in or rent out. In addition, you'll find a beautifully updated restaurant with Liquor license (currently in escrow). The restaurant was most recently operated as “Bread & Bacon”, serving up delicious breakfast and lunch items in a comfortable, bright, and friendly space. The property benefits from its location on the high traffic US Highway 2, of which you'll be about 1.5 hours East to the Mackinac Bridge, or 2 hours West to Wisconsin. Both the hotel and restaurant are well regarded both locals and tourists alike, and a potential buyer would be walking into a business that is proven, successful, and trusted. In addition to the existing businesses on site, there is potential to add RV/Camper sites to the property as well (quoted to cost $70,000). This unique opportunity could be just the entrepreneurial venture you have been waiting for. Live on site and watch your thriving business flourish, all while benefiting from the safety and comfort of the beautiful Upper Peninsula.

Location

State MI

County Schoolcraft

Area Mueller Twp (77010)

Zoning Commercial

Interior

Heating Wall Heat, Electric Heat, Forced Air

Exterior

Parking Features 21+ Spaces

Roof Type Shingles

Building

Foundation Slab

Water Private Well

Structure Type Brick,Vinyl Siding

Others

Ownership Private

SqFt Source Public Records

Energy Description LP/Propane Gas

Financing Cash,Commercial Loan,Conventional

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by GROVER REAL ESTATE
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(401) 484-0130

tanisha@rwgrealty.com

East Providence

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1520 US2 Highway