LOCATION NOT TO MISS~The Levering Motel features 13 total rentals, with 11 studio rooms, 1 larger corner unit, attached house/office unit, Paved open parking court, maintenance shed and on site coin-op laundry. 9.6% Cap Rate. Excellent rental history with high year round occupancy. Keep the building as individual rental units or convert back to motel for seasonal tourist income. B-2 zoning offers amazing potential opportunities for this 1 acre parcel. This high visibility location is just minutes to Pellston Airport, Mackinaw City, Casinos, Lakes and Parks. Step right in to this turnkey rental business and level up!
Price $595,000
Zoning: B-2
Area: Pellston
Water: Well
Association: No
Sale or Rent: For Sale
Ttl fin. Sqft: 4760
Lot Size:
Sewer: Septic
Units: 13
Acres: 0.00
Features: AC Wall Unit,Cable,Paved Road
Listing Provided Courtesy of:
Sue Louiselle, Broker