900 United Spanish War Veterans Mem Hwy St. Ignace, MI 49781
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 900 United Spanish War Veterans Mem Hwy
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This established motel in St. Ignace, Michigan, presents a unique investment opportunity. Situated on a large 3-acre double township parcel along a high-traffic state highway, the property boasts significant visibility and potential. The complex comprises three buildings: a 1-2 bedroom home ready for renovation, an eight-unit attached building requiring finishing work, and a mid-section building with four units (upper and main level) needing foundation repair before occupancy. Additionally, an east bank of units includes three newly renovated units and one ready for assembly. Many supplies, including refrigerators, microwaves, and some furniture, are included in the sale. This seasonal business caters to short-term work housing, vacation stays, and other opportunities. The asking price is $350,000. The property's location is 900 United Spanish War Veterans Mem Hwy, St. Ignace, MI 49781. This is a prime location just outside the city limits, offering a blend of accessibility and tranquility. The existing structures provide a solid foundation for a thriving hospitality business, with significant potential for increased revenue through renovations and strategic marketing. The ample land offers room for expansion or additional development. This is an exceptional opportunity for an investor seeking a well-located, established motel with significant upside potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Ignace
- County
- Mackinac
- State
- Michigan
- Longitude
- -84.7581
- Latitude
- 45.8542
