27837 Us Highway 41 Baraga, MI 49861
- Retail properties
- 3,986 SF
- 3.43 lot acres
Current Use by Public Records
- Retail properties
Property Details for 27837 Us Highway 41
- Year built
- 1962
- Lot size
- 3.43 lot acres
- Property size
- 3,986 SF
- Property type
- Retail properties
Description
This exceptional 10-room motel, situated on nearly 3.43 acres in Baraga County, Michigan, presents a lucrative investment opportunity. Built in 1962 and boasting 3,986 square feet, this property enjoys a prime location directly on US Highway 41, attracting a diverse clientele including leisure and business travelers, construction workers, sports enthusiasts, and families. The motel features outside room access for guest convenience and includes a completely renovated, two-bedroom owner's unit with a half basement. Recent updates include energy-efficient double-pane vinyl windows and exterior siding. Amenities include a motel office with a continental breakfast area, a small gift shop featuring unique Upper Peninsula items, and ample parking for cars, large vehicles, campers, boats, and trailers. The expansive backyard offers a fire pit, and potential for future additions like a gazebo or gathering spaces. Extensive storage is available with a detached garage, pole building, workshop, and shed. The property's location offers easy access to several beautiful lakes, including Beaufort, Ruth, and Lake George, and is near Craig Lake State Park, Van Riper State Park, and McCormick Trails. Its proximity to snowmobile trail #8 and major universities in Marquette and Houghton makes it an attractive year-round destination. The mailing address is Michigamme, but the motel is located in Three Lakes, five miles west. This turnkey operation is ready for a new owner to capitalize on its potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baraga
- County
- Baraga
- State
- Michigan
- Longitude
- -88.2028
- Latitude
- 46.5547
