#0034     PROPERTY INFORMATION
#0034  $410,000 Price reduced another $20,000 to $410,000. Owner desperate - wants to retire
MODEL TOWNE INN MOTEL

Modern 18 Room Motel
190 E. Hwy M-35, Gwinn, MI 49841

Property Information:
Price: $ 410,000
Primary
Property Type
:

Commercial
Further description: Motel
School district: Gwinn
Township: Forsyth
County: Marquette
Site dimensions: 250' x 500'
Year built: 1990

Number of Stories:

2 stories
Total rooms 18 rooms
Total Double rooms 16
Total Single rooms 1
Total Kitchenettes 1

 

Franchise?
No
Living quarters?
No
Swimming pool
No
Meeting rooms
No
Laundry room
Yes
Spa
No
Exercise facilities
No
Occupancy rate
60% and increasing
Owner finance?
No
Assumable mortgage?
No

Special Features:

The only motel in Gwinn, Michigan, we are located in Michigans Upper Peninsula on major highway M35 between Gladstone and Marquette. A two story building constructed in 1990 it has interior hallways with 18 air conditioned rooms, laundry facilities, fire, burglar & camera systems and is in excellent condition. The former K.I. Sawyer Air Force Base (5 miles away) is now home to the Marquette County International Airport. Several businesses employing over 1000 people are now located at the former base with more coming in the future. Previous military housing is selling well which is increasing the areas population. The Gwinn area is well known for hunting, fishing, snowmobiling (Main Trail #8 is at the Motel' s back door) and many other outdoor activities.Situated on a 250' wide x 500' deep lot there is plenty of room for expansion, a campground or residence. Guests are within short walking distances to shopping and restaurants. This is an excellent opportunity for someone to own a growing business in a great area. Owner wants to retire so let's talk.


Directions to the home / property:
Located on M-35 just east of M-553 intersection in Gwinn.

Contact Information:

Ron or Jean Arntsen
Phone: 480-883-3809 unit May 1st then call 906-228-2012 this summer!


Additional Photographs:


 
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