• Asking Price $1,695,000
  • 620 N LINCOLN RD ESCANABA, MI 49829

  • 14,790 SqFt
  • Commercial / Resale (MLS)

Property Details for 620 N LINCOLN RD, ESCANABA, MI 49829

Features

  • Price/sqft: $114
  • Lot Size: 31799
  • Stories: 200
  • Heating: Forced Air Heating

Facts

  • Year Built: 01/01/2001
  • Property ID: 877897258
  • MLS Number: 50119928
  • Parcel Number: 051-130-2930-101-002
  • Property Type: Commercial
  • County: DELTA
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Uncover an exciting business prospect with this Boutique Hotel nestled in a prime Escanaba location. Family-owned and boasting 15,000 square feet of floor space, priced at an unbeatable $113.00 per square footfar below current market construction coststhis property presents a golden opportunity. Featuring 33 rooms, each upgraded with new air conditioning units, some new carpeting, refrigerators, and microwaves, this hotel caters to diverse needs. With 8 Queen Singles, 4 King Singles, 3 King Suites, 17 Queen Doubles, and 1 Apartment, it's equipped for various clientele. Beyond its current charm, envision the potential to transform this property into an Airbnb, tapping into the influx of travelers exploring our picturesque area. The added bonus of an apartment or living quarters on-site provides the flexibility to be your own boss or generate extra income through rentals. Seize the moment to own a piece of this flourishing hospitality venture. Contact us now to schedule a viewing and explore the endless possibilities this Boutique Hotel offers.

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Property Brokerage: Key Realty Delta County 928 N. Lincoln Road Escanaba MI 49829
Copyright © 2024 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.