$1,700,000
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2702 N Stephenson Iron Mountain, MI 49801
Industrial
Residence
Beds
Baths
24,852
Sq. Ft.
3.5
Acre
Lot
Property Activity
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Great investment opportunity in Iron Mountain! This motel features 71 rooms (please see the associated docs for more details), a fitness center, a pool room with a 21x41 ft pool, a hot tub with jets (13x7 ft), a sauna (not currently working), a guest laundry room, two private maid closets, a breakfa...st room, a laundry room, a conference room, and a welcoming lobby area. Additionally, the property includes a separate building with 20 motel rooms. Situated in a prime location with 4,000 cars passing by daily, the property is close to shopping and gas stations (within a mile), and the Pine Mountain Ski & Golf Resort (ski hill and ski jumps) is only a 5 minute drive. Buyers must be pre-approved prior to showings or provide proof of funds. Financial information for the motel to be provided once a confidentiality agreement is signed.
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Source MLS
MiRealSource
Originating MLS
Upper Peninsula Assoc of Realtors
MLS#
50142560
Property Type
Industrial
Year Built
1988
Square Feet
24,852
sq. ft
Lot Size
3.5
Sewer
Public Sewer
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