1002 Colby St Whitehall, MI 49461-1206
Property profile & analytics
1002 Colby St Whitehall, MI 49461-1206
- Commercial real estate
- 6,459 SF
- 1.50 lot acres
Property ID
US43-0717713
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 1002 Colby St
- Year built
- 1954
- Lot size
- 1.50 lot acres
- Property size
- 6,459 SF
- Zone code
- B-1 GEN
- Property type
- Commercial real estate
- APN
- 61-22-270-000-0006-00
- APU
- 6122270000000600
Description
This exceptional investment opportunity presents a recently updated 12-room motel situated on a spacious 1.5-acre lot in Whitehall, MI. The property boasts 6,200 square feet of building space, including a comfortable one-bedroom, one-bathroom manager's apartment complete with a living room, full kitchen, and a partial basement featuring a separate laundry area. Ample parking is available, accommodating both standard vehicles and RVs. A substantial pole building provides additional storage, complemented by a detached two-car garage offering further space. The property also includes undeveloped land, presenting significant potential for expansion or future development. Recent renovations are extensive and include new bathrooms and flooring throughout, fresh interior and exterior paint, new siding, a new roof, updated exterior lighting, a roadside LED programmable display, a newer security camera system, and a recently resurfaced parking lot. The heating system has also been upgraded with a new boiler. This turnkey operation offers low-maintenance management and significant potential for increased revenue given the existing infrastructure and available land. The property's prime location and recent improvements make it an attractive investment for discerning buyers seeking a profitable and easily managed business venture. This busy motel is ready for a new owner to capitalize on its existing success and future growth opportunities.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Whitehall
- County
- Muskegon
- State
- Michigan
- Longitude
- -86.3328
- Latitude
- 43.41
- CBSA code
- 34740
- CBSA name
- MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,030
$0.00
$0.00
$177,400
-
$0.00
$0.00
$354,800
