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68-Room Waterfront Hotel

991 North State Street, Saint Ignace, MI 49781

For Sale
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Guest amenities include an indoor pool, fitness center, breakfast area, and guest laundry.

Property SizeContact for details
Days on Market35

Property Features for 991 North State Street

General Information

Standard status Active
Property subtype Hospitality

Additional Details

Highway Access Yes

Amenities

in-room jacuzzis
indoor pool
fitness center
breakfast area
guest laundry
vending
ice machines
private balconies or decks

Building Details

Buildings 1
Stories 3
Listing Agency: Smith Dean Burgett
Listed By: Meril Dean · License MI #6502100724
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 10 at 6:40AM

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 Smith Dean Burgett

Rey
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Investment Insights

Based on property information with market context.

This three-story hotel contains 68 rooms on approximately 2 acres along the I-75 Business Loop in St. Ignace. Amenities include in-room jacuzzis, an indoor pool, a fitness center, a breakfast area, guest laundry, vending, and ice machines. Many guest rooms have private balconies or decks with views of Lake Huron. The property has received ongoing improvements and is described as being in very good condition.

The hotel is located at 991 North State Street, minutes from the Lake Huron Boardwalk, Mackinac Island ferry service, downtown shops, restaurants, and local attractions.

Key Highlights

  • 68‑room, three‑story hotel on approximately 2 acres
  • Located along the I‑75 Business Loop at 991 North State Street
  • Many rooms feature private balconies or decks with Lake Huron views

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Hair Salon Pharmacy (Bike/Boat/Book/etc) Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

122
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - Guest amenities include an indoor pool, fitness center, breakfast area, and guest laundry.
Where is this hotel located?
The property is located at 991 North State Street Saint Ignace, MI.
What are key features of this property?
This property features: 68‑room, three‑story hotel on approximately 2 acres; Located along the I‑75 Business Loop at 991 North State Street; Many rooms feature private balconies or decks with Lake Huron views
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