5692 N Us 31 Highway Levering Motel, Levering, MI

$560,000

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4,760

Square feet

About 5692 N Us 31 Highway Levering Motel

LOCATION NOT TO MISS~The Levering Motel features 13 total rentals, with 11 studio rooms, 1 larger corner unit, attached house/office unit, Paved open parking court, maintenance shed and on site coin-op laundry. 9.6% Cap Rate. Excellent rental history with high year round occupancy. Keep the building as individual rental units or convert back to motel for seasonal tourist income. B-2 zoning offers amazing potential opportunities for this 1 acre parcel. This high visibility location is just minutes to Pellston Airport, Mackinaw City, Casinos, Lakes and Parks. Step right in to this turnkey rental business and level up!

Features of 5692 N Us 31 Highway Levering Motel

MLS® # 468576
Price $560,000
Square Footage 4,760
Acres 0.00
Year Built 1971
Type Multi-Family
Sub-Type Multifamily

Community Information

Address 5692 N Us 31 Highway Levering Motel
City Levering
County Emmet
State MI
Zip Code 49755

Amenities

Features AC Wall Unit, Paved Road, Cable
# of Garages 0.0
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Electric Baseboard
Fireplace No
Has Basement Yes
Basement Slab

Exterior

Windows Insulated
Roof Asphalt Shingles
Construction Wood Frame

School Information

District Pellston

Additional Information

Zoning B-2
Foreclosure No
Short Sale No

Listing Details

OfficeSue Louiselle, Broker

Listing Map

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