Bought with Matthew Cozzie • HOMETOWNE REALTY
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5500 E Pickard Road Mt Pleasant, MI 48858
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Key Details
Sold Price $3,050,000
Property Type Commercial
Sub Type Hospitality
Listing Status Sold
Purchase Type For Sale
Square Footage 30,584 sqft
Price per Sqft $99
Subdivision Mi
MLS Listing ID 1849672
Sold Date 07/11/18
Year Built 1996
Lot Size 0.950 Acres
Acres 0.95
Lot Dimensions 272' x 165'
Property Sub-Type Hospitality
Property Description
Great opportunity to own an investment property in the hospitality industry. This well maintained 81 room motel has been coveted by its owner for the last nineteen years. Originally built as a Microtel Inn and converted to an independently owned motel for the last few years has allowed the owner to create a lodging experience that keeps clients coming back. Built for efficiency, the motel provides ease of ownership and lower maintenance when compared to other full service hotels. High traffic location and proximity to the highway and everything Mt. Pleasant has to offer make this an opportunity you will not want to miss!
Location
State MI
County Isabella
Zoning Motel/Hotel
Rooms
Basement Slab
Interior
Heating Forced Air, Window Air Conditioner
Cooling Forced Air, Window Air Conditioner
Exterior
Exterior Feature Vinyl
Roof Type Asphalt
Present Use Recreational/Resort
Road Frontage Blacktop, Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 14-071-00-003-01
Ownership Corporate Owned
Acceptable Financing Cash, Commercial Loan, Conventional Mortgage
Listing Terms Cash, Commercial Loan, Conventional Mortgage
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