1101 W US41 $1,900,000

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    1101 W US41 Marquette, MI 49855

    • Commercial
    • MLS# 1118778
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    Views: 2671 Days On Site: 341

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    Property Details

    Positive cash flow, turn key business with room to expand! Property may be split. Seller will consider selling motel w/out mini storage business. Property has been impeccably maintained. Living quarters are available on site. This is an incredible opportunity for you to own a respected business in the largest community in Michigan's Upper Peninsula. Property overlooks the new Duke Life Point Hospital and is only a few blocks from Marquette's Downtown/Waterfront Area. Northern Michigan University with it's U S Winter Sports Olympic Training Site is just a few blocks distant. Easy to find and on one the busiest stretches in the UP!

    • General Features
      • ACCESSIBILITY OPTIONS Access-Bathroom Sink,Access-Kitchen Sink,Access-Main Floor Bedroom,Access-Main Floor Bath,Access-Restroom,Grab Bar Bath(s),Ramped Entrance,Main Floor Laundry
      • Approx Year Built 1988
      • Area Marquette, South C 16
      • Association Fee none
      • Business Type motel
      • County Marquette
    • Building Features
      • Construction Conventional Frame
      • Cable Available
      • Basement Full
      • Air Conditioning None
      • Exterior Vinyl
      • Electric Yes
      • Number of Levels 2
      • Natural Gas Yes
      • Heat Natural Gas Hot Water
      • Foundation Block
    • Property Features
      • Lot Dimensions 619x222
      • ROAD ACCESS Year Round
      • SEWER City
      • Shoreline Not Applicable
      • Total Num of Buildings 3
      • WATER City
      • Water View None
      • Waterfront None
      • WOODED None

    Contact

    Gina Feltner Bouws

    Gina Feltner Bouws

    Associate Broker

    RE/MAX 1st Realty

    Cell: 906-360-4462

    Neighborhood

    49855 (Marquette) Demographics

    33 Median Age
    167 Population Density (per sq. mile)
    47% College Educated
    $46,001 Estimated Median Income
    7,553 Estimated Total Home Owners
    5,028 Estimated Total Renters
    60% / 40% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    33,500 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $220,000 Median Sales Price
    37 Homes Sold
    32 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,900,000
        9/15/2020 4:08:36 AM Status Changed Source New Value: Active
        9/10/2020 3:09:02 PM Status Changed Source New Value: Price Change
        9/10/2020 3:09:02 PM Price Reduced Source New Value: $1,900,000 -17.36%
        11/21/2019 5:09:00 PM New in Database Source New Value: $2,299,000

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        The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Upper Peninsula Board of REALTORS®. IDX Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Upper Peninsula Board of REALTORS®.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.