$548,000

3.43 ± Acres
off market
Michigamme, Michigan
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Quaint U.P. Motel with Caretakers Unit

ID: 3109
Status: off market
Price: $548,000
Acres: 3.43± acres
Price Per Acre: $159,767
Types: Business Opportunity, Commercial
State: Michigan
City: Michigamme
County: Baraga
ZIP Code: 49855
Lat/Long: 46.55473700, -88.20280100
Presented By: Timothy Keohane
Phone: (906) 250-4743
Dwelling Sq Ft: 3908
Bedrooms: 12
Bathrooms: 11

Description

Three Lakes Motel is located in south-eastern Baraga County, on US 41 in the Three Lakes area of Michigan’s Upper Peninsula, a four seasons playground.  This opportunity allows you to live, work and play without leaving home.  There are many lakes nearby, including George, Beaufort, Michigamme, and Ruth within 5 miles.   Several of these lakes provide public access for fishing, swimming, boating and canoeing.  There are several state parks, trail systems, and waterfall viewing areas within 30 minutes of the location, all shared on their beautiful website.  These include Craig Lake State Park, Van Riper State Park, McCormick Trails, Canyon Falls and has direct access to Trail #8(snowmobile trail).  

The motel was built in 1962 & is situated on just under 4 acres.  It includes ten guest rooms, and a caretaker’s residence with office adjoined.  The motel office has a continental breakfast area with seating & a small gift shop with unique U.P. items.  The caretaker’s unit is a completely renovated two-bedroom, one bath residence in the middle of the motel with a 1/2 basement.  The Motel was recently updated w/all energy efficient double pane vinyl frame windows, two hot water heaters were added to accommodate for demand, and the rear of the motel has been insulated and re-sided.

The guest rooms have been updated with insulation, drywall, flooring, furniture, and shower surrounds.  The rooms also have a 42" TV, microwave and mini refrigerator.

There is ample storage between the detached garage, pole building, workshop and shed.  There will be plenty of room for vehicles, lawn care & snow removal equipment.  

The circle drive in front of the motel can accommodate parking space for cars, large vehicles, campers, trailers and boats.  The backyard is beautifully set up with a fire pit as the focal point.  The possibilities are endless, you could add a gazebo, tents for large gatherings, as well as an outdoor game area.

Please see motel reviews on Google, and Facebook.

Additional Information

  • Wildlife: Small Game,Turkey,Whitetail Deer