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Northwoods Getaway Motel For Sale

Iron River, Michigan
Asking Price:
$500K - $1M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K
Cash Flow:
$50K - $100K

19 unit motel with living quarters, laundry and restaurant potential.
Located on a beautiful 75 acre, spring fed lake with limited access.
Right off U.S. 2, a main artery of the Upper Peninsula.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Upstairs with two bedroom, bathroom and den. Downstairs with bedroom, bathroom and sitting room.

Location:

One half block off U.S. 2, on eastern side of Iron River, Michigan

Premises Details:

Four buildings. Lakeside has ten rooms, a separate duplex, a mobile home and another building with six units and living quarters.

Size in square feet:
Over 5000 square feet

Business Operation

Expansion Potential:

Restaurant potential, room to grow on one acre.

Competition / Market:

Chain motel in downtown, rate is not competitive.

Reasons for selling:

Retiring

Trading hours:

24/7

Employees:
3
Years established:
60 plus

Other Information

Support & training:

Willing to assist

Website:
Login or register to view link
Home based:
This business can be run from home.

Contact Information

    1. Your Address

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