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    Atlanta, MI Hospitality Properties for Sale

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    Hillman, MI Lewiston, MI Johannesburg, MI
    Established Atlanta Motel Complex For Sale
    Updated: Oct 28, 2023
    Established Atlanta Motel Complex For Sale

    12520 State Street, Atlanta, MI 49709

    $569,000
    Established motel with income growth opportunity and repeat customers.
    Eight units with kitchens suitable for monthly rentals.
    Includes former Legion Hall with hardwood floors, kitchen, and parking lot.
    Newer roof and siding.
    Laundry room on premises.
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    Atlanta Motel and Legion Hall
    Updated: May 26, 2023
    Atlanta Motel and Legion Hall

    12520 State Street, Atlanta, MI 49709

    $569,000
    Established motel business with income growth opportunity and repeat customers.
    Eight units feature kitchens, suitable for monthly rentals.
    Includes former Legion Hall, offering additional space and potential.
    Newer roof and siding, reducing maintenance costs.
    Located in a thriving community near amenities, including Briley Park, and halfway between Gaylord and Alpena.
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    Established Atlanta Motel For Sale
    Established Atlanta Motel For Sale

    12520 State St. Atlanta MI, Atlanta, MI 49709

    $569,000

    Motel with income growth opportunity in Atlanta, Michigan.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Atlanta, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lewiston Motel with Prime Location
    Lewiston Motel with Prime Location

    4909 Salling Avenue, Lewiston, MI 49756

    $950,000
    29,177 sqft · 5.00 AC lot

    49-unit motel in Lewiston, MI, with pool and ample parking.

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    Recreational Hunting Land with Cabin
    Recreational Hunting Land with Cabin

    5793 Agren Road, Lewiston, MI 49756

    $299,000
    40.00 AC lot

    Forty acres with hunting blinds, trails, and an Amish shed/cabin plus well, septic, and RV hookups for off-grid recreation.

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    Turnkey Bar & Restaurant with Campground
    Turnkey Bar & Restaurant with Campground

    3090 US-23, Rogers City, MI 49779

    $445,000
    4,074 sqft · 4.93 AC lot

    Bar, restaurant, home, and campground on 4.93 acres.

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    Turnkey Bar Restaurant and Campground
    Turnkey Bar Restaurant and Campground

    3090 US-23, Rogers City, MI 49779

    $445,000
    1,311 sqft

    Turnkey restaurant with liquor license plus a 15-site campground with utilities and amenities for year-round guests.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lewiston Commercial Acreage Opportunity
    Lewiston Commercial Acreage Opportunity

    Parcel 1 Airport Road, Lewiston, MI 49756

    Contact for pricing
    1.36 AC lot

    1.36 acres of commercially zoned land in Lewiston, MI.

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    Buildable Lot in Gated Community
    Buildable Lot in Gated Community

    526 Fountains Drive, Lewiston, MI 49756

    Contact for pricing

    Buildable lot in Garland Lodge and Golf Resort, Lewiston, MI.

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    Recreational Land Near State Forest
    Recreational Land Near State Forest

    21454 Milligan Highway, Onaway, MI 49765

    Contact for pricing
    0.73 AC lot

    Land with rustic cabin near state forests and recreation.

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    Golf Course Lot in Gaylord
    Golf Course Lot in Gaylord

    Par B-C Northstar Road, Gaylord, MI 49735

    $45,000
    2.00 AC lot

    2-acre golf course lot with amenities near I-75.

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    Atlanta, MI Hospitality Properties Market Trends and Statistics

    Explore 3 hospitality properties for sale in Atlanta, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,707,000.

    Sale prices for hospitality properties in Atlanta, MI start at $569,000, averaging $569,000, and reaching up to $569,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 3

    Demographics Overview

    Population 3,524
    Population Growth (5Y) -3.3%
    Median Household Income $49,397
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

    Identify Atlanta submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49709 $569K

    Taxes & Financing

    Tax Rate (average for all types) 2.99%
    Property Tax per SF $9.13 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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