East Jordan, MI 49727,218 Elizabeth Street
East Jordan, MI 49727,218 Elizabeth Street
East Jordan, MI 49727,218 Elizabeth Street
31
Listed by Kenneth C Weaver • Berkshire Hathaway Homeservices Michigan - TC
Bought with Eric A Hubschneider • REO-TCRandolph-233022
$695,000
$749,000
7.2%
Est.Price: ?

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2,397 SqFt

218 Elizabeth Street East Jordan, MI 49727

Est. payment /mo
SOLD DATE : 09/23/2024

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Key Details

Sold Price $695,000

Property Type Commercial

Sub Type Hospitality

Listing Status Sold

Purchase Type For Sale

Square Footage 2,397 sqft

Price per Sqft $289

Subdivision Mi

MLS Listing ID 1925429

Sold Date 09/23/24

Year Built 1956

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions irregular

Property Sub-Type Hospitality

Property Description

Welcome to this charming motel resort located in the vibrant community of East Jordan, directly across from the scenic South Arm of Lake Charlevoix. This popular lodging facility boasts 8 beautifully updated rooms, plus an additional 2-bedroom home, perfect for owner's accommodation or additional rental income. Other features include garage, laundry/storage and a large lot with lots of on site parking Guests will enjoy stunning lake views and convenient public access to Lake Charlevoix just steps away. East Jordan is one of Northern Michigan's beloved destinations, where the Jordan River meets the South Arm of Lake Charlevoix. The area offers numerous waterfront parks, nature trails, a marina, and a lively downtown filled with shops and restaurants.---------------- This property provides easy access to Charlevoix, Boyne Mountain, Petoskey, Lake Michigan, and all the attractions that make Northern Michigan so special. Currently professionally managed, this motel resort is an excellent investment opportunity. Alternatively, it can be operated as an owner-occupied business with the spacious apartment. Don't miss your chance to own a piece of Northern Michigan paradise!

Location

State MI

County Charlevoix

Zoning Other

Rooms

Basement Slab

Interior

Heating Other

Cooling Other

Exterior

Exterior Feature Other

Roof Type Metal

Present Use Recreational/Resort,Bed & Breakfast,Other

Road Frontage Public Maintained, Blacktop

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 05370500110

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash

Listing Terms Commercial Loan, Cash

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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