Sale Price: $399,900Rare waterfront motel Turnkeyclassic mom-and-pop design.
Extensive remodeling done in 2017 and 2018
Set on almost 4 acres260+ feet of frontage on Lake Michigan View of the lake from every room. 7 regular units2 kitchen units for a current total of 9 running units. 3 bedroom second-floor residence (great view))4,500+ square feet total
Fully furnished and equipped. ( 98% new furnishings in all guest rooms in the last 2 years, All beds are new memory foam, All TV's are flat screen with the smallest being 42" , all refrigerators are larger 5 cu ft double door with Energy Star rating, All lights LED, All DirecTV box's new and owned, All new Energy Star W/M air cond, All new outlets in guest rooms, All new ADA height, high flush rated and low water use toilets, New sinks in all guest rooms, New paint in all guest rooms, New hot water heaters and circulation pumps,New commercial water softener,New washer and dryer, New artwork in all rooms, New fiberglass front doors on all guest rooms, 480 ft of new building gutters with seven downspouts, Newer roof, 15 inches of new blown insulation on top of existing all building attic areas. All new bedding, sheets, comforters, bed protectors,pillows,blankets,
New high grade 32' by 36' 2x6 stick-built garage with second floor, 9.5 ft main floor ceilings, Smart siding, 60 amp electrical with already set up easy upgrade to 100 amp if desired, massive front concrete apron in front.
So many new and remodeled items over the last 2 years the list go's on and on.
Many expansion possibilities (see notes below)
Website and true dedicated online booking in place with social media marketing also continuing SEO marketing.
Great reviews (check Google, Trip advisor, Facebook, etc)
Near major attractions The fantastic international exposure to the Pictured Rocks national lake shore, 1 hour north with approx 1.2 million visitors 2018. The additional festivals in many areas surrounding us, The large state investment into Fayette Historical state park, Which we are the closest US 2 lodging to Fayette (Fayette had 52,000 visitors last year alone.) Add another close major attraction Kitch-iti-kipi (Big Spring) and you can see the exposure this facility receives.
Some of the best fishing and hunting the Upper Peninsula has to offer right outside your door.
Works Seasonally or Year-Round
Our kitchen units (one at each end) are very popular, one at each end. Approx 400 sq ft each
Total operating units: 9 total,2 kitchen units,2 large queen rooms, 1 king room, 4 regular doubles. Add the rare waterfront view and beach use. plus the unique positioning of the property itself. you have a super product.
Given the marketing in place plus returning satisfied customers, Amenity advantages, Dedicated online book system with front desk,The unique waterfront setting, expansion opportunity's, Etc I could go on but you can see the potential for great gains over the next few years.
Here are some potential expansion/revenue opportunities: Add tent and/or RV sites Add small cabins. Finish the upper area of the new garage as a rental unit We've been contacted by U-Haul on several occasions to add a trailer rental station Gift shop, retail products, etc. Jet ski, kayak rentals Food truck concessions during peak summer months, Ice cream, hot dogs etc. ( This one I had thought about often as we currently allow day use of our park / beach area to non motel guests and it can get very busy over there. )
Given the direct exposure to the busiest highway in the upper peninsula the front sales opportunities are endless.
Run as you see fit. Seasonal? Full time? Extended stay only?
As the successful waterfront motel it is?
As a waterfront B&B As a massive family home/vacation waterfront home? As a hunting club? As a fishing club? As a snowmobile club? As a wellness center? As an artists retreat? As a corporate retreat? As a church retreat? As a assisted care facility? As a foster home? As a AFC home? As an apt complex with some more remodeling?
We'll Help You Get Started
The operation as a waterfront motel is truly turnkey, ready-to-go from day one, but we'll work with you long enough to show you anything you need to know, from how to use the online booking system to where to find all of the tools and appliances that are included. We want you to succeed...! after all we will be coming back to stay with you from time to time.
While it pains us greatly to let this go way sooner then we thought I absolutely believe that with the exceptional exposure the Upper Peninsula is receiving, And the grand beauty of this great north, the few remaining Mom and Pop motels in existence (especially unique waterfront ones) will see the continuing resurgence of their former glory for a long time to come.