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Property profile & analytics
OFF-MARKET
Commercial real estate

1010 M-28 Marquette, MI 49855

21,696 SF 2.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the America's Best Value Inn, a thriving 45-unit motel in Marquette, Michigan. Boasting 21,696 square feet across four buildings on a 2.01-acre lot, this property offers significant income potential. The inn underwent renovations in 2023 and 2024, ensuring modern amenities and guest comfort. The property features a mix of 40 motel rooms and five long-term rental units, plus on-site living quarters and a manager's suite. Its prime location on M-28 offers easy access to downtown Marquette, the North Country Trail, Chocolay River launches, and Ojibwa Casino. Nearby amenities include a health club, dining, banking, and shopping. The inn benefits from its proximity to Sawyer International Airport (20 miles) and caters to a diverse clientele drawn to Marquette's year-round outdoor recreational opportunities. The property is zoned commercial and offers potential for expansion. A recent appraisal is available. This fee-simple ownership presents a rare chance to acquire a well-established and updated motel in a desirable location. The property's strong performance and strategic location make it an attractive investment for discerning buyers. The buildings are two stories, built in various ages during the 1980s.

Property profile
Verified
Property type Commercial real estate
Total area 21,696 SF
Lot 2.01 ac (87,556 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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