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12520 State St Atlanta, MI 49709

Sponsored
For Sale
$569,000

Established motel, high occupancy, great location.

Description

Added:
Dec 11, 2024
Days on Market:
393
This thriving 14-unit motel in Atlanta, MI, presents a compelling investment opportunity. Boasting 100% occupancy, the property features 7 units with full kitchens and 7 with mini-fridges and microwaves, catering to diverse guest needs. Recent renovations (2015, 2016, 2017, 2019, 2020) include a new roof and siding, ensuring long-term value. An on-site laundry room adds convenience. Situated on a 0.64-acre lot, the single-story building is zoned commercial. Its prime location offers easy access to local amenities, including eateries, a grocery store, and festivals, as well as Briley Park with its fishing dock and boat launches. The motel benefits from its proximity to Gaylord and Alpena, providing access to larger shopping centers, airports, a marina, and beaches. Atlanta's reputation as the "Elk Capital of Michigan" attracts tourists year-round, with events like the annual Elk Festival and the Sno-Drift Rally boosting seasonal demand. The surrounding area offers abundant recreational opportunities, including thousands of acres of state land, lakes, and trout streams, making it an ideal destination for hunting, fishing, and outdoor enthusiasts. The Thunder Bay River, a blue-ribbon trout stream, further enhances the area's appeal. This established business, with a history of positive customer reviews, offers a strong foundation for continued success and growth. The property's potential extends beyond short-term rentals, with the possibility of utilizing the kitchen-equipped units for monthly rentals, addressing a local need for affordable housing. This is a turnkey operation ready for a new owner to continue its success.

Property Features for 12520 State St

General Information

Property type
Motels
Lot Size
27,878 SF

Building Details

Buildings
1
Stories
1
Units
14

HighLights

  • Motel for sale in Atlanta, Michigan.
  • Atlanta, Michigan motel.
  • 14 rental units.
  • Conveniently located near ORV trails.
  • Motel boasts 5‑star guest reviews.
  • Excellent business opportunity in Atlanta, Michigan.
Property Profile Location Intelligence

Current Use by Public Records

Atlanta Motel Motel

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Atlanta
County
Montmorency
State
Michigan
Longitude
-84.1425283
Latitude
45.0045827

FAQs

What type of property is this?
Motel - Established motel, high occupancy, great location.
Where is this motel located?
The property is located at 12520 State St Atlanta, MI.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Motel for sale in Atlanta, Michigan.; Atlanta, Michigan motel.; 14 rental units.
More about this property
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