6100 M-68,Indian River, MI - $990,000

MLS# 201827386 Property Type: Commercial/Industrial

Description

WATERWAY INN in Indian River. Profitable 4-Season business just renovated with a $252,000 investment. In the heart of the Inland Waterway a year round destination area. Only lodging facility within walking distance of downtown. Two boat launches within .5 mile. 1/2 mile to Burt Lake State Park. 1.25 miles from the Cross in the Woods. Offers extra real estate for building additional buildings. Includes: real estate, furnishings, equipment, business, profitable laundry service and the 3-bedroom owner's living quarters. About 2 acres of land just 300 ft off I-75 and 20 minutes to the best Ski resorts. Close to Petoskey, Harbor Sprints, Bay Harbor, Charlevoix and Mackinaw City. 24 bedrooms and 17 bathrooms. Adjoins snowmobile trails. Negotiable! Allocation of assets to maximize tax benefits.

Details
  • Type : Commercial/Industrial
  • Sqfeet : 9177.00
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  • Acres : 0.00
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  • School : Inlandlakes
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  • County : Cheboygan
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  • Construction : Frame
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Listing Provided Courtesy of - Petoskey Real Estate Group

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