Hospitality

Atlanta, MI Hospitality Properties for Sale

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Hillman, MI Lewiston, MI Johannesburg, MI Mio, MI Gaylord, MI Lachine, MI Onaway, MI Herron, MI
Motel Complex with Kitchen Units
Updated: Oct 28, 2023
Motel Complex with Kitchen Units

12520 State Street, Atlanta, MI 49709

$529,000
Eight motel units include kitchens and could support monthly rental use
Newer roof and siding
On‑site laundry room
Former Legion Hall included with two stories, hardwood floors, kitchen, and parking lot
Commercial zoning
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Established Atlanta Motel For Sale
Updated: May 8, 2023
Established Atlanta Motel For Sale

12520 State St. Atlanta MI, Atlanta, MI 49709

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Established motel with income growth potential and many repeat customers, as evidenced by a website and numerous 5‑star reviews.
8 of the 14 units have full kitchens**, suitable for monthly rentals and providing a stable income stream.
Newer roof and siding, reducing immediate maintenance costs.
Located in Atlanta, the "Elk Capital of Michigan", a popular vacation and hunting destination with year‑round recreational opportunities.
Proximity to outdoor attractions including 1,000 square miles of state land, lakes, trout streams, and Fletcher Pond (known for its Osprey population).
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2 active listings match your search: Hospitality for sale in Atlanta, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Resort with Canoe Livery
Resort with Canoe Livery

505 Rainbow Park Trail, Mio, MI 48647

$650,000
11,000 sqft 2.53 AC lot

Hospitality property with furnished cabins, an owner’s residence, retail check-in space, and outdoor recreation facilities.

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Resort With Canoe Livery
Resort With Canoe Livery

505 Rainbow Park Trail, Mio, MI 48647

$650,000
11,000 sqft 2.53 AC lot

Furnished cabins, an owner’s residence, and operational support buildings accompany an established outdoor recreation business.

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49-Unit Motel with Pool
49-Unit Motel with Pool

4909 Salling Avenue, Lewiston, MI 49756

$750,000
29,177 sqft 5.00 AC lot

Motel property with guest amenities, updated operating systems, and seasonal parking.

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49-Unit Motel in Lewiston, MI
49-Unit Motel in Lewiston, MI

4909 Salling Ave, Lewiston, MI 49756

Contact for pricing
29,177 sqft

49-unit motel with pool, sauna, and snowmobile trail access.

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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.

Cleared Commercial Land
Cleared Commercial Land

Parcel 1 Airport Road, Lewiston, MI 49756

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1.36 AC lot

CV-zoned commercial land with an open setting and scattered trees, offering a range of approved uses.

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Buildable Lot in Gated Community
Buildable Lot in Gated Community

526 Fountains Drive, Lewiston, MI 49756

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

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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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B2-Zoned Commercial Land
B2-Zoned Commercial Land

10 AC Old 27 N Highway, Vanderbilt, MI 49795

$125,000
10.00 AC lot

Flat, mostly wooded acreage with access to roadway and trail exposure.

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Atlanta, MI Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Atlanta, MI on our real estate platform.

Sale prices for hospitality properties in Atlanta, MI average $529,000 — 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 2

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 $529K

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%

Listings Trend

New vs delisted commercial listings in Montmorency County

New Delisted

Total CRE Inventory on Market (SF)

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