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Economy Hotel with 11 Keys
For Sale
$600,000

2040 Business Loop 75, Saint Ignace, MI 49781

For sale economy hotel featuring 11 keys and recent renovations totaling $100,000 with no deferred maintenance noted.

Property Size3,320 SF
Days on Market46

Property Features for 2040 Business Loop 75

General Information

Standard status Active
Size 3,320 SF
Property subtype Commercial
Zoning Recreation

Taxes and HOA fees

Annual Taxes $3,415

Building Details

Building Size 3,320 SF
Year Built 1955
Listing Agency: Shorewood Companies
Listed By: Matthew Monsour
Source: Eliterealtymi
Added: Jul 10 Changed: Aug 23 Last Checked: Aug 23 at 5:32AM

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 Shorewood Companies

Investment Insights

Based on property information with market context.

Offered for sale is an 11-key economy hotel at 2040 Business Loop 75 in St Ignace Township, Michigan. The property has $100,000 in recent renovations and the seller notes no deferred maintenance.

The hotel is described as being within 1 mile of the Mackinac Bridge. WalkScore is 15 and bikeScore is 44, indicating the area is car-dependent and somewhat bikeable.

This is a compact hospitality asset with an economy-style room count, positioned for an owner seeking a renovated, maintenance-tracked property.

Key Highlights

  • Economy hotel for sale with 11 keys
  • Recent renovations totaling $100,000
  • No deferred maintenance noted

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Grocery & Convenience Store Food Market

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

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 49781, MI

3,901
Population
2,423
Households
1.6
Avg Household Size
50
Median Age
19%
College-Educated
92%
High-School Grad
81.5 sq mi
ZIP Area
48
Density / Sq Mi
$62,883
Median Household Income
$29,608
Median Earnings
$707
Median Rent
$150,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - For sale economy hotel featuring 11 keys and recent renovations totaling $100,000 with no deferred maintenance noted.
Where is this hotel located?
The property is located at 2040 Business Loop 75 Saint Ignace, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Economy hotel for sale with 11 keys; Recent renovations totaling $100,000; No deferred maintenance noted
More about this property
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