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W11617 US Highway 2
Naubinway, MI 49762
Ange bar and restaurant and Naubinway Inn · Hospitality Property For Sale · 4,000 SF
Investment Highlights
- 1 mile from a deep water protected marina on Lake Michigan and across the street from snowmobile & side by side trail system.
- The property has its own specific and an easement, shared artisan well, to service the entire property.
- All of the furnishings would be included with the exception of owner's apartment and a few pieces throughout the establishment.
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1960/2022 |
Building Class | C | Parking Ratio | 2.5/1,000 SF |
Lot Size | 0.33 AC | Corridor | Interior |
Building Size | 4,000 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.33 AC |
Building Size | 4,000 SF |
No. Stories | 2 |
Year Built/Renovated | 1960/2022 |
Parking Ratio | 2.5/1,000 SF |
Corridor | Interior |
Amenities
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About W11617 US Highway 2 , Naubinway, MI 49762
You can have it all here! Own a prosperous bar/restaurant and motel! The property was completely renovated in 2022. The entire building has been meticulously cleaned and painted. The heat is a LP boiler with a new boiler mate with ample capacity to produce hot water to all rooms. The Naubinway Inn encompasses the hotel with a total of 5 units. Three of the suites are currently on Airbnb. Two of the suites have two bedrooms. One is a one bedroom with a spacious living area. There are two more rooms available for rental outside of the Airbnb listings that could be included. Owners are currently occupying the two apartments at the rear of the first floor, which could potentially be rentals; bringing the total capacity to 7 units. The bar and restaurant currently seat 55, with an open air outside bar and sales permitted on the front deck. The kitchen has new flooring, new appliances etc. There is a public bathroom, new floors, wall toilet vanity, new flooring in the main hall, all but one of the downstairs windows has been replaced with modern vinyl thermo pane. It is currently operating as a mom & pop but are not running at full potential. This would be a great opportunity for a family business, or it could be utilized in many other ways. It is located near many of the UP attractions, 1 mile from a deep water protected marina on Lake Michigan and across the street from snowmobile & side by side trail system. Sellers built this business from the ground up & would be happy to explain all of our systems, ordering, inventory and bookkeeping etc. All of the furnishings would be included with the exception of owner's apartment and a few pieces throughout the establishment. The property has its own specific and an easement, shared artisan well, to service the entire property. Buyer to measure all size and dimensions.
PROPERTY TAXES
Parcel Number | 49004-860-015-00 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $54,394 |
PROPERTY TAXES
zoning
Zoning Code | 201 Commercial (Commercial) |
201 Commercial (Commercial) |
Learn More About Investing in Hospitality Properties
Listing ID: 29751541
Date on Market: 10/10/2023
Last Updated:
Address: W11617 US Highway 2, Naubinway, MI 49762