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Lincoln Host Motor Inn 620 N Lincoln Rd

33 Room Hotel Escanaba, MI 49829 For Sale

Investment Highlights

  • Each unit upgraded with new air conditioning units, some new carpeting, refrigerators, and microwaves, this hotel caters to diverse needs.
  • Family-owned and boasting 15,000 square feet of floor space, priced at an unbeatable $113.00 per square ft.
  • With 8 Queen Singles, 4 King Singles, 3 King Suites, 17 Queen Doubles, and 1Apartment, it's equipped for various clientele.

Executive Summary

Uncover an exciting business prospect with this Boutique Hotel nestled in a prime Escanaba location. Family-owned and boasting 15,000square feet of floor space, priced at an unbeatable $113.00 per square foot—far below current market construction costs—this property presents a golden opportunity. Featuring 33 rooms, each upgraded with new air conditioning units, some new carpeting, refrigerators, and microwaves, this hotel caters to diverse needs. With 8 Queen Singles, 4 King Singles, 3 King Suites, 17 Queen Doubles, and 1Apartment, it's equipped for various clientele. Beyond its current charm, envision the potential to transform this property into an Airbnb, tapping into the influx of travelers exploring our picturesque area. The added bonus of an apartment or living quarters on-site provides the flexibility to be your own boss or generate extra income through rentals. Seize the moment to own a piece of this flourishing hospitality venture. Contact us now to schedule a viewing and explore the endless possibilities this Boutique Hotel offers.

Property Facts Under Contract

Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.73 AC
Building Size 14,790 SF
No. Rooms 33
No. Stories 2
Year Built 2001
Parking Ratio 2.43/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $149.00 -
Guest Room 31 $92.00 -
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
210511302930101002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$350,000

zoning

Zoning Code CM
CM
  • Listing ID: 33058234

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 620 N Lincoln Rd, Escanaba, MI 49829

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