301 Newberry AVE, Newberry, MI 49868 (MLS# 18-824)


$129,999
301 Newberry AVE
Newberry, MI 49868
MLS# 18-824
18000 sqft


301 Newberry AVE, Newberry, MI 49868
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301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868 301 Newberry AVE, Newberry, MI 49868

Property Description
The Falls Hotel is a Newberry landmark. The beautiful brick façade, stamped metal ceilings and original woodwork are just part of the charm of this building. Step inside and take in the massive dining area, dance floor and coffee shop. Possibilities abound and this property could be converted into a boutique hotel, brewery or even an apartment building with mixed-use areas. With a large kitchen and dining area, you could potentially host events in this charming facility. Dry basement for storage. Bring your creativity and make this turn of the century gem a hot spot for locals and tourists alike! (Land contract terms available to qualified buyers. Restoration and renovation programs potentially available - contact listing broker for additional details.)

Details
Contract Information
Current Price: $129,999
List Price: $129,999
Status: Active
For Sale or Rent: Sale
Property Information
Type: Commercial Income
Realtor.com Type: Commercial
Possible Use: Mixed Use
Building SqFt: 7501 & Up
Age: 50+
Waterfront: No
User Defined 15: No
# Units: 1
# Parking Spaces: 20 total
Total SqFt.: 18000
Lot Size: 76x130
What's Included: All contents
Duplicate: No
Location, Tax and Legal
Area: 42 - McMillan, Newberry and Soo Junction Areas
Unit #/St #/Space #: 301
Street Name: Newberry
Street Suffix: AVE
State: MI
Zip Code: 49868
County: LUCE
Zoning: Commercial
School District: Tahquamenon
Tax ID: 041-100-090-0100
Special Assessment: Unknown
Homestead Y/N: No
Taxes: 1500
Tax Year: 2017
Directions and Remarks
Directions: From corner of M-28 and M-123, travel north into downtown Newberry. Falls Hotel is next to Renze Ford, on the right. Signs posted.
Hot Sheet Comment: new
Book Msg 2: *** BACK ON MARKET ***
Currently Not Used
Amount of Frontage: 76
Property Features
Basement: Full Basement; Outside Entrnce Only; Unfinished
Construction: Masonry; Wood Frame
Exterior Finish: Brick
Cooling: None
Drive: Concrete
Extras: High Traffic Locatn; Kitchen Area; Restroom; Storage
Heating: Baseboard; Hot Water; Natural Gas
Parking: 11 - 25 Spaces; Parking Lot; Street Parking
Possession: Negotiable
Road Surface: Black Top
Roof: Rubber
Showing Instructions: Appt. Only; Lock Box; See Private Remarks
Terms: Cash; Conventional; Land Contract; Other

Listing Office: CENTURY 21 Advantage Plus

Listing Agent: Ryan Bennett

Last Updated: January - 17 - 2019

Information deemed reliable but not guaranteed.

Friday 22nd of February 2019 03:10 AM