Turnkey Northwoods
For Sale
Contact for pricing
Pending
1700 Co Rd 424, Crystal Falls, MI 49920
Turnkey motel on 3.75 acres featuring 24 rooms, updated mechanicals, and an owners home with 3 bedrooms.
Property Size1,375 SF
Lot Size3.75 Acres
Days on Market142
Property Features for 1700 Co Rd 424
General Information
Standard status
Pending
Size
1,375 SF
Lot size
3.75 Acres
Property subtype
Hospitality
Additional Details
Business Included
Yes
Multifamily Units
24
Listing Agency:
Redman Realty Group LLC
(715) 891-6686
Listed By:
Rachel Martin · License #6502431648
Source:
Crexi
Added: Apr 11
Changed: Aug 21
Last Checked: Aug 29 at 2:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redman Realty Group LLC
Investment Insights
Based on property information with market context.
CHICAUGON LAKE INN is a turnkey motel property with 24 motel rooms, including 18 double queen rooms, 4 king rooms, and 2 whirlpool rooms. The building includes a lobby and reception area, a gift shop, and a game/exercise room, along with a continental breakfast area.
The property also includes a detached garage and a spacious open-concept owners home with cathedral ceilings, offering 3 bedrooms and 2 bathrooms. The listing notes updated mechanicals and several additional improvements completed over the past few years, including beds, furniture, flooring, roof, appliances, and signage.
The motel is set on 3.75 acres and is described as having ample parking for group events. The property is positioned for ongoing hospitality use as currently configured, with the owners now planning to retire.
The property also includes a detached garage and a spacious open-concept owners home with cathedral ceilings, offering 3 bedrooms and 2 bathrooms. The listing notes updated mechanicals and several additional improvements completed over the past few years, including beds, furniture, flooring, roof, appliances, and signage.
The motel is set on 3.75 acres and is described as having ample parking for group events. The property is positioned for ongoing hospitality use as currently configured, with the owners now planning to retire.
Key Highlights
- Turnkey motel on 3.75 acres with 24 rooms: 18 double queen, 4 king, and 2 whirlpool
- Updated mechanicals plus recent updates including beds, furniture, flooring, roof, appliances, and signage
- Includes lobby & reception area, gift shop, game/exercise room, and a continental breakfast area
Property Analytics
Current Use
Lease Details
24
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49920, MI
4,046
Population
3,236
Households
1.3
Avg Household Size
55
Median Age
22%
College-Educated
94%
High-School Grad
401.8 sq mi
ZIP Area
10
Density / Sq Mi
$61,028
Median Household Income
$36,355
Median Earnings
$916
Median Rent
$119,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Young's Iron River - Cabin Getaway — 198-112 Youngs Ln, Crystal Falls, MI 49920
Frequently Asked Questions
What type of property is this?
Motel - Turnkey motel on 3.75 acres featuring 24 rooms, updated mechanicals, and an owners home with 3 bedrooms.
Where is this motel located?
The property is located at 1700 Co Rd 424 Crystal Falls, MI.
What are key features of this property?
This property features: Turnkey motel on 3.75 acres with 24 rooms: 18 double queen, 4 king, and 2 whirlpool; Updated mechanicals plus recent updates including beds, furniture, flooring, roof, appliances, and signage; Includes lobby & reception area, gift shop, game/exercise room, and a continental breakfast area
