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    17229 Northwood Hwy Arcadia, MI 49613

    For Sale
    $850,000

    Thriving M-22 resort, 6 rooms & 4 cottages.

    Property size:
    4,633 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    Nestled on scenic M-22, just five blocks from Lake Michigan in Arcadia, Michigan, sits the Pleasant Valley Resort, a profitable turnkey business opportunity priced at $850,000. This well-maintained and continuously improved resort boasts 6 clean and cozy motel rooms and 4 charming cottages, each offering guests comfortable and convenient accommodations. The resort's established online reservation system ensures a reliable stream of repeat customers, simplifying operations and facilitating a smooth transition for new ownership. The property includes a convenient remote check-in capability, enhancing guest experience and operational efficiency. An on-site owner's residence provides the unique opportunity to live amidst the beauty of Northern Michigan, a region renowned for its stunning lakes and rivers, extensive hiking trails, and proximity to world-class recreational amenities. Just a short drive away lies the prestigious Arcadia Bluffs Golf Club, consistently ranked among the nation's top 100 public golf courses, and the four-season recreational destination of Crystal Mountain. This 4,633 square foot resort is situated on a 0.93-acre lot, offering a blend of business potential and idyllic Northern Michigan living within a vibrant and historic community. This is a chance to own a thriving business and experience the best of Pure Michigan.

    Property Features for 17229 Northwood Hwy

    General Information

    Property type
    Investment properties
    Square Feet
    4,633 SF
    Lot Size
    40,511 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Pleasant Valley Resort ... Motel

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arcadia
    County
    Manistee
    State
    Michigan
    Longitude
    -86.23177
    Latitude
    44.49275

    FAQs

    What type of property is this?
    Investment property - Thriving M-22 resort, 6 rooms & 4 cottages.
    Where is this investment property located?
    The property is located at 17229 Northwood Hwy Arcadia, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    (231) 882-4449
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    17229 Northwood Hwy Arcadia, MI 49613
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    Arcadia, MI 49613
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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
    17229 Northwood Hwy Arcadia, MI 49613
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