105 Cloverland Dr, Ironwood, MI 49938-1131

This 18-room motel in Ironwood, Michigan, presents a compelling investment opportunity. Built in 1988 and renovated in 2019, the 7,272 square foot, two-story building sits on a 21,780 square foot lot. The property includes an office and manager's quarters, enhancing operational efficiency. With 18 keys and a proven track record of consistent income over the past three years, this established business offers a strong return on investment. Located at 105 W Cloverland Dr, Ironwood, MI 49938, this motel is priced at $495,000. Seller financing is available with favorable rates, making this an even more attractive proposition. The property boasts a spacious layout and well-maintained exterior, promising continued success in the hospitality sector. This turnkey operation is ready for a new owner to continue its legacy of profitability. The asking price per room is $27,500, and the price per square foot is $68.07. This is a rare opportunity to acquire a well-established and profitable motel in a desirable location. Don't miss out on this chance to own a piece of the thriving hospitality industry in Michigan.