Listing Agency: Signature Associates j***@signatureassociates.com Show Phone

Listed By: Joe Rizqallah · License #MI

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 11:57PM

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Investment Insights

Based on property information with market context.

This boutique hotel and restaurant is being offered for the first time. The property retains a 19th century feel and operates with guest and public access during the season. The site includes a sun-deck and pool area for client enjoyment.

The property is located at 294 Center Street in Douglas, Michigan. It is open to the public from February through December.

The sale includes full FF&E and a liquor license, subject to seller credit use and approval.

Key Highlights

• Boutique hotel and restaurant with a sun‑deck and pool area
• Open to the public from February through December
• Purchase includes full FF&E

Property Analytics

Property Profile

Current Use

J. Paul's Dining ... Bar & Pub The Kirby Hotel & J ... Hotel & Motel

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Dental Office Bakery Big Box & Wholesale Store Computer & Electronic Repair

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

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

281

Businesses Nearby

13k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 56% Shops & Services 44%

Supervalu Groceries

7,368 visits/mo 0.1 miles

Huntington Bank Shops & Services

2,956 visits/mo 0.2 miles

Shell Shops & Services

2,776 visits/mo 0.1 miles

Demographics for 49406, MI

1,031

Population

921

Households

1.1

Avg Household Size

60

Median Age

66%

College-Educated

99%

High-School Grad

1.5 sq mi

ZIP Area

687

Density / Sq Mi

$95,417

Median Household Income

$78,333

Median Earnings

$470,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Hotel - Boutique hotel and restaurant with a sun-deck and pool area, open to the public from February through December.

Where is this hotel located?

The property is located at 294 Center Street Douglas, MI.

What are key features of this property?

This property features: Boutique hotel and restaurant with a sun‑deck and pool area; Open to the public from February through December; Purchase includes full FF&E