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    W16431 439 W, Unit U.S 2 Gould City, MI 49839

    For Sale
    $580,000

    Business - Gould City, MI

    Type:Business
    Days on Market:
    113
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for W16431 439 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Commercial
    APN
    009-229-002-10. 009-229-002-20

    Building Details

    Number of units
    8
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Cap's Grand Marais Bucket List Realty (906) 202-0952

    Listing agent Rick Capogrossa (906) 202-0952

    Listing date Aug 15, 2025

    MLS# 25-82 Listing URL

    Copyright © 2025 Eastern Upper Peninsula Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Thriving Business Opportunity in Gould

    Located in Gould City, Michigan, this thriving business opportunity borders the Upper Peninsula's most traveled highway. The legendary Bates Bar and Bates Motel has become well-known in 5 years. Hundreds of people stop annually to take photos next to the ''Bates Motel'' sign. The property includes an acre-large beer garden with ample parking, which hosts big name bands. The Bates Bar offers daily specials from its near state-of-the-art kitchen, allowing motel guests to remain on the premises. Bates Bar holds several licenses, including a Topless License. This commercial property is a stop in Michigan's Upper Peninsula's East Central U.P.
    Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Gould City
    County
    Mackinac
    State
    Michigan
    Longitude
    -86.0842
    Latitude
    46.5816

    FAQs

    What type of property is this?
    Motel - Legendary bar and motel with high traffic and unique license.
    Where is this motel located?
    The property is located at W16431 439 W, Unit U.S 2 Gould City, MI.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: - Thriving business opportunity with established customer base.; - High-traffic location bordering a major Upper Peninsula highway.; - Includes both a bar and motel, providing multiple revenue streams.
    (906) 202-0952
    Request Owner's contact information
    W16431 439 W, Unit U.S 2 Gould City, MI 49839
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    W16431 439 W, Unit U.S 2
    Gould City, MI 49839
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    W16431 439 W, Unit U.S 2 Gould City, MI 49839
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