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13-Room Motel with Separate Residence
For Sale
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1301 Mackinaw Avenue, Cheboygan, MI 49721

Monthly-rental motel with efficiency units, a separate residence, laundry room, and multiple storage sheds.

Property SizeContact for details
Lot Size1.31 Acres
Days on Market143

Property Features for 1301 Mackinaw Avenue

General Information

Standard status Active
Lot size 1.31 Acres
Property subtype Hospitality, Land

Units

Unit Mix 13 x efficiency, 1 x 3BR/1BA
Multifamily Units 14

Additional Details

Road Access Yes

Amenities

laundry room
storage sheds

Building Details

Buildings 2
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Cheboygan
Listed By: Melissa Koszegi · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:16PM

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 Coldwell Banker Commercial Schmidt, Realtors Cheboygan

Investment Insights

Based on property information with market context.

This motel property includes 13 rooms currently operated as monthly rentals, with efficiency units ranging from smaller layouts to larger accommodations. A separate 3-bedroom, 1-bath home provides an additional residential component and may support on-site management or added rental income. The property also includes a newer laundry room intended for tenant use, along with multiple storage sheds.

Located at 1301 Mackinaw Avenue in Cheboygan, Michigan, the property sits directly after Western Avenue on the left when approaching from Cheboygan. The 1.31-acre site combines the motel, separate home, laundry facility, and storage improvements in one property.

Key Highlights

  • 13‑room motel currently operated as monthly rentals
  • Mix of small to large efficiency units
  • Separate 3‑bedroom, 1‑bath home

Property Analytics

Current Use

Shawn John's Painting Painting

Suggested Use

Top Pick Dental Office Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49721, MI

14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Similar Off Market Nearby

  • Continental Inn 613 N Main St, Cheboygan, MI 49721
  • The Monarch Motel 1257 Mackinaw Ave, Cheboygan, MI 49721
  • Johnson's Motel 1237 Mackinaw Ave, Cheboygan, MI 49721
  • North Country Inn 1355 Mackinaw Ave, Cheboygan, MI 49721
  • LeDuc's Creekside Motel 1380 Mackinaw Ave, Cheboygan, MI 49721

Frequently Asked Questions

What type of property is this?
Motel - Monthly-rental motel with efficiency units, a separate residence, laundry room, and multiple storage sheds.
Where is this motel located?
The property is located at 1301 Mackinaw Avenue Cheboygan, MI.
What are key features of this property?
This property features: 13‑room motel currently operated as monthly rentals; Mix of small to large efficiency units; Separate 3‑bedroom, 1‑bath home
More about this property
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