2702 N Stephenson Avenue, Iron Mountain, MI 49801 (MLS # 50142560)

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PRICE $2,100,000
SIZE 24,852 sqft
LOT SIZE 3.50 ac
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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 breakfast room, a laundry room, a conference room, and a welcoming lobby area. Additionally, the property includes a separate building with 20 apartment units, and the apartments have not been rented out for the last 3 years. 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.

DAYS ON MARKET 47 LAST UPDATED 5/20/2024
YEAR BUILT 1988 COUNTY Dickinson
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
BUYER'S BROKERAGE COMPENSATION 2.5
CONSTRUCTION Brick, Vinyl Siding
INTERIOR Elevator
LOT 3.5 acre(s)
LOT DIMENSIONS 506x301
UTILITIES Cable Available, Natural Gas Available
WATER Public
WATER ACCESS N/A
ZONING Commercial



 
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Listed with RE/MAX 1ST REALTY

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