415 Cedar Street Active Save Request In-Person Tour Request Virtual Tour
Munising,MI 49862
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,635 sqft
Price per Sqft $141
Subdivision Mi
MLS Listing ID 50134415
Year Built 1948
Annual Tax Amount $9,638
Tax Year 2023
Lot Size 1.200 Acres
Acres 1.2
Lot Dimensions 286x150x143x100x143x50
Property Description
WELL ESTABLISHED nostalgic Motel in the heart of the Upper Peninsula of Michigan. You can own your own successful business in Munising, which is a flourishing tourist town. Recently remodeled with a complete list of updates which include exterior paint, awnings, chimneys, roof, cedar sauna with tile floor, firepit, pollinator garden, 2 new water heaters, picnic tables, office floor, coffee set up for rooms, new refrigerators & microwaves in most rooms. A great deal of attention has been given to the inside of each room and the outside grounds with cherry & pear trees as well. (Improvement list provided) 12 Units plus a small laundry room, office area and managers/owner’s residence. Manager’s residence includes 2 bedrooms, 2 bath, large living room, updated kitchen, office area, utility rooms, storage areas, greenhouse. Ample parking accommodates the motel guests with additional parking for trailers available on the vacant lot along Cedar St. Additional vacant lot located ½ block North is included in the sale. Great location on a main corridor through the U.P. and within walking distance to all that you need. Neighboring Pictured Rocks National Shoreline had over 910,000 visitors in 2023 and home to Icefest. Lake Superior, many waterfalls, beaches, hiking, biking, ATV, XC skiing & snowmobiling. Sale will include Business, furnishings, fixtures, and equipment (but not the Coke collectables). Well established with repeat customers and great reviews you can read online!
Location
State MI
County Alger
Area Munising (02012)
Zoning Commercial
Interior
Heating Hot Water
Cooling Window Unit(s)
Exterior
Parking Features On Site,Parking Lot
Roof Type Shingles
Building
Foundation Slab
Water Public Water
Structure Type Hardboard,Partial-Vinyl
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan