12520 State St, Atlanta, MI 49709

14 Room Hotel | Atlanta, MI 49709 | $569,000 ($40,643/Room)

Asking Price $569,000

Property Type: Hospitality
Square Feet: 6,066 SF

Listing Contacts

Diane Ives

Property Overview

ATLANTA MOTEL COMPLEX!! Established motel complex in Atlanta MI with income growth opportunity. Eight of the units have kitchens and could be used as monthly rentals. This is an Investment opportunity and a community need for affordable housing. There are 14 rental units, including 7 with full kitchens and the others with mini-fridges and microwaves. Newer roof and siding. Laundry room on the premises. Come for a visit and see all this property and community in Atlanta in North East MI have to offer. Walk to local eateries, the grocery store, and festivals. park, and all of downtown Atlanta. The Atlanta Motel is halfway between Gaylord and Alpena with big box shopping, airports, a marina, and beaches. Atlanta is a thriving community on the shores of the Thunder Bay River. Beautiful Briley Park offers a fishing dock, kayak & boat launches, music festivals and events, and the annual Elk Fest. The current owners have built a successful business with many repeat customers. Check out their website and tons of 5-star reviews! UPDATES: Roof Bldg.. 110-114 2019 Roof Office Bldg. 2015 Roof Garage 2016 Seamless Gutters 2019 Front fascia 2019/2020 Windows 2017

Property Details

Class: C
Year Built: 1950
Stories: 1
Property Subtype: Hotel
Lot Size (sq. ft): 27,878 SF
Units: 14

Highlights

Motel Complex; High Visibility; Highway Access; Kitchen Area; Laundry; Living Quarters; Restroom (s); Smoke Detectors; Fire Sprinklers System
Furnishings for all rooms including beds, lamps, table, TVs, air conditioners, towels, coffee makers; Landscaped; Blacktop parking Lot;
Walking DIstance to Local Establishments, Festivals, Parades, Restaurants, Bars, Grocery, Hardware; Gas Station; Farmrs Market

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