$750,000
Paradise, MI 49768
MLS# 23-102
11 beds | 10 baths | 7816 sqft

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Property Description
Plan Your Great Escape! Move in ready 3 BR, 2 BA home with central A/C and successful, fully operating business. Catch the wave of tourism in Michigan's Upper Peninsula with this turnkey business. #1 rated hospitality business in Paradise with a strong online presence. Great opportunity for YOU; seller is retiring. Listed below 2023 appraised value. Start making money from day one. Great location in Paradise, gateway to Tahquamenon Falls and iconic Whitefish Point. Successful & profitable Tahquamenon Suites Lodging features 8 air-conditioned vacation suites with kitchens. 270 ft road frontage on high traffic M-123. 5.13 acres with 3+ acres of untouched mature woods with possibilities for expansion. Direct snowmobile and seasonal ORV trail access. Seller is a licensed MI real estate broker.
Details
Documents
Contract Information
Current Price: $750,000
List Date: 2023-03-02
List Price: $750,000
Status: Active
For Sale or Rent: For Sale
Property Information
Type: Site Built
Realtor.com Type: Residential-Single Family
Total Bedrooms: 11
Total Full Baths: 10
Total Bathrooms: 10
Basement: No
Garage Storage Type: None
Age: 50+
Seasonal: No
Style: Ranch
Waterfront: No
# of Acres: 5.13
Year Built: 1996
Total SqFt.: 7816
Source of sq. ft.: Appraisal
Abv grade fin sq ft: 7816
Lot Size: 5.13 Acres
Duplicate: No
University Area: 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
Townships: Whitefish
County: CHIPPEWA
School District: Whitefish
Tax ID: 016-227-041-50;227-041-00;222-006-00;222-001-10
Homestead (Y/N): N
Special Assessment: N
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.
Property Features
Extras: Paved Street; Shed
Electricity: Installed
Heating: Baseboard; Electric; Forced Air; Heat Pump; Propane
Cooling: Central Air; Wall Unit
Water: Drilled Well
Sewer: Septic
Foundation: Block; Crawl Space
Interior: Laminate Flooring; Internet; Smoke Detector; Walk-in Closet; Window Coverings
Appliances: Dryer; Electric Range; Microwave; Outdoor Grill; Range Hood; Refrigerator; Washer; Water Sftnr-Owned
Windows: Double Pane
Laundry: Main Level
Other Rooms: Apartment; Office; Mud Room; Office
Roof: Asphalt shingles; Rubber Roofing
Terms: Cash; Conventional
Showing Instructions: 24 Hr Notice; Appointment Only; See Private Remarks
Possession: At Closing; Negotiable
Documents on File: Appraisal; Seller's Disclosure
Patio/Deck: Open Deck; Porch Covered
Landscaping: Garden - Floral; Garden - Vegetable; Lawn
Exterior: Block; Vinyl; Wood
Supplements
Complete renovation of all buildings in 2014 with new interiors, electrical, plumbing, heating. 2 of 3 roofs new in 2020. New pavement in 2016. Septics are pumped yearly. New well pump 2022. Water treatment system in place. Most bedroom furniture was custom-made by a local craftsman. Walking distance to Paradise restaurants and shops. The property has been well-maintained and features perennial plantings plus an expansive central lawn which could be used for campsites, festivals, farmer's market, covered pavilion, etc. Furnishings, equipment, linens, name, website, goodwill & future bookings are all included in the sale. Website-integrated, cloud-based booking system w/third-party interface could be continued. Hotel is currently being ran by the owner with contact free check in. Operations could easily bridge to absentee owner/vacation rental format. Owner is willing to assist in transition with new owner.
Room Information
Room Name | Level | Length | Length | Width | Area | Width | Area | Remarks |
Foyer | Main | 10.00 | 10.00 | 6.00 | 60.00 | 6.00 | 60.00 | |
Living/Dining Combo | Main | 26.00 | 26.00 | 11.00 | 286.00 | 11.00 | 286.00 | |
Kitchen | Main | 16.00 | 16.00 | 13.00 | 208.00 | 13.00 | 208.00 | |
Primary Bedroom | Main | 15.00 | 15.00 | 13.00 | 195.00 | 13.00 | 195.00 | |
Primary Bathroom | Main | 13.00 | 13.00 | 8.00 | 104.00 | 8.00 | 104.00 | |
Walk In Closet | Main | 8.00 | 8.00 | 5.00 | 40.00 | 5.00 | 40.00 | |
Bedroom 2 | Main | 14.00 | 14.00 | 13.00 | 182.00 | 13.00 | 182.00 | |
Walk In Closet | Main | 6.00 | 6.00 | 4.00 | 24.00 | 4.00 | 24.00 | Bedroom 2 Walk In Closet |
Bedroom 3 | Main | 14.00 | 14.00 | 13.00 | 182.00 | 13.00 | 182.00 | |
Walk In Closet | Main | 5.00 | 5.00 | 4.00 | 20.00 | 4.00 | 20.00 | Bedroom 3 Walk In Closet |
Bathroom | Main | 9.00 | 9.00 | 5.00 | 45.00 | 5.00 | 45.00 | |
Office | Main | 11.00 | 11.00 | 9.00 | 99.00 | 9.00 | 99.00 | |
Laundry | Main | 8.00 | 8.00 | 7.00 | 56.00 | 7.00 | 56.00 |
Listing Office: Superior Shores Realty
Listing Agent: Melanie Davis
Last Updated: March - 21 - 2023
Information deemed reliable but not guaranteed.
Thursday 23rd of March 2023 03:14 PM