7967 N M-123, Paradise, MI 49768 (MLS# 19-1174)


$599,000
7967 N M-123
Paradise, MI 49768
MLS# 19-1174
7816 sqft


7967 N M-123, Paradise, MI 49768
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7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768 7967 N M-123, Paradise, MI 49768

Property Description
Catch the wave of tourism in the Upper Peninsula & retire with an income! This hospitality business is turnkey: start making money from day one. Successful and profitable Tahquamenon Suites Lodging features 8 rental units with kitchens, plus 1800 sq. ft. manager's residence. Very high rate of occupancy and open year-round; highest-rated property in Paradise with strong online presence. Complete renovation of all buildings 2014 with new interiors, electrical, plumbing, heating. Included bedroom furniture was custom-made by a local craftsman; furnishings, equipment, linens are included in the sale. Includes the name, goodwill and future bookings. Cloud-based booking system w/third-party interface could be continued. Seller is a Michigan licensed real estate broker. Financials available.

Details
Documents
Contract Information
Current Price: $599,000
List Date: 2019-09-02
List Price: $599,000
Status: Active
For Sale or Rent: Sale
Property Information
Type: Business Opportunity
Realtor.com Type: Commercial
Possible Use: Hotel/Motel
Building SqFt: 7501 & Up
Age: 50+
Waterfront: No
# Parking Spaces: 20+
Total SqFt.: 7816
Lot Size: 4.41
Lot Dimensions: Irregular
What's Included: Equipment, furnishings, name.
Duplicate: No
Location, Tax and Legal
Area: 52 - Paradise & Tahquamenon Areas
Unit #/St #/Space #: 7967
Street Direction Pfx: N
Street Name: M-123
State: MI
Zip Code: 49768
County: CHIPPEWA
Zoning: Commercial
School District: Whitefish
Tax ID: Multiple
Special Assessment: N
SEV: 53700
Taxable Value: 53700
Tax Year: 2019
Directions and Remarks
Directions: Property is located 0.4 mile south of the intersection of M-123 and Whitefish Point Rd (blinker light in Paradise) on M-123, west side of the road.
Hot Sheet Comment: new
Book Msg 2: *** NEW LISTING ***
Currently Not Used
Amount of Frontage: 270
Property Features
Basement: Block; Crawl Space
Construction: Masonry
Exterior Finish: Brick; Wood
Cooling: Central Air; Wall Unit
Documents on File: Appraisal; Financials; Photographs; Tax Returns; Wells Test
Drive: Black Top
Extras: Employee; Furnished; Handicap Access; High Traffic Locatn; High Visibility; Laundry; Landscaped; Living Quarters; Manager On-Site; Smoke Detectors; Window Coverings
Heating: Electric; Heat Pump; Propane
Parking: 11 - 25 Spaces; Paved
Possession: Negotiable
Road Surface: Black Top
Roof: Shingle
Sewer: Septic
Water: Drilled Well
Showing Instructions: 24 Hr Notice; Appt. Only; See Private Remarks
Terms: Cash; Conventional

Listing Office: Superior Shores Realty

Listing Agent: Derek Tait

Last Updated: September - 06 - 2019

Information deemed reliable but not guaranteed.

Thursday 13th of August 2020 07:47 PM