Homes for sale - 13990 E Chicago Road, Cement City, MI 49233

Cement City, MI 49233,13990 E Chicago Road

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Tricia Carlson

tricia@triciacarlsonrealty.com +1(231) 286-9825

$ 815,000

Est. payment | -/mo

17 Baths

1,895 SqFt

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$ 815,000

Est. payment | -/mo

Save

17 Baths

1,895 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,895 sqft

Price per Sqft $430

Municipality Somerset Twp

MLS Listing ID 24030565

Full Baths 17

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1950

Annual Tax Amount $2,505

Tax Year 2023

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 400X762

Property Description

*Seller willing to consider Land Contract terms** This property features 3 buildings with 14 motel rooms and a versatile apartment for a 15th room or Air BnB. Recent renovations and a new business model boosted average daily rates by 20% in May and 34% in June. The ranch home offers 2 beds, 1 bath, and an attached garage- perfect for a long term tenant/ STR or an owner-operator. Located a stone's throw from Lake Somerset, three other lakes within 2 miles (as well as the other 52 Lakes in the Irish Hills area), hotspot for visitors attending events at the Michigan International Speedway, Faster Horses Festival, various wedding and event venues, wineries, a charming cider mill, local parks, and renowned hunting spots. Ideal for investors seeking growth in a prime recreational area. This property is managed using 'Stayntouch' software (PMS) that allows for operation from anywhere. New 'Dormakaba' locks for all units have network connection to allow for automated check in, keypad access through integration with Stayntouch. Booking, check-in and check out can all be done electronically with a smartphone. This property is managed using 'Stayntouch' software (PMS) that allows for operation from anywhere. New 'Dormakaba' locks for all units have network connection to allow for automated check in, keypad access through integration with Stayntouch. Booking, check-in and check out can all be done electronically with a smartphone.

Location

State MI

County Hillsdale

Area Hillsdale County - X

Direction US12 between S. Jackson Rd & US127

Rooms

Basement Full, Walkout

Interior

Heating Forced Air, Heat Pump

Cooling Wall Unit(s)

Inclusions Real Estate, Inventory, Furniture, Equipment

Exterior

Utilities Available Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Waterfront No

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 40

Building

Building Description Aluminum Siding, Barrier Free,Expandable,Multi User Facility,Outdoor Storage

Foundation Block

Sewer Septic System

Water Well, Public

Structure Type Aluminum Siding

New Construction No

Schools

School District Addison

Others

Tax ID 04-011-400-003-11-5-1

Acceptable Financing Conventional, Other, Contract, Cash

Listing Terms Conventional, Other, Contract, Cash

Listed by BNR Real Estate Group

GET MORE INFORMATION

Tricia Carlson

REALTOR® | Lic# 6506048426

tricia@triciacarlsonrealty.com

+1(231) 286-9825

511 East Colby St., Whitehall, MI

13990 E Chicago Road Cement City, MI 49233

Tricia Carlson

Tricia Carlson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

13990 E Chicago Road