Garfield Twp, MI 49337,9135 Mason

$1,025,000

$1,100,000

6.8%
Est.Price: ?

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Est. payment /mo

19,050 SqFt


SOLD DATE : 10/27/2023

Key Details

Sold Price $1,025,000

Property Type Commercial

Sub Type Business Opportunity

Listing Status Sold

Purchase Type For Sale

Square Footage 19,050 sqft

Price per Sqft $53

Subdivision Mason Dr

MLS Listing ID 79080005981

Sold Date 10/27/23

Originating Board Central Michigan Association of REALTORS®

Year Built 1989

Annual Tax Amount $17,899

Lot Size 4.000 Acres

Acres 4.0

Lot Dimensions 518'x441'x289'x 440'

Property Description

Great investment opportunity! This independent motel is located in Newaygo, MI and includes 4 acres, 2 motel buildings and 1 single wide trailer. The main building was built in 1989 which has 15 rooms on the upper floor and 12 rooms on the main floor plus a 3 bedroom, 1 bath apartment next to the front lobby that includes a full kitchen and living room. The second smaller building was built in early 1970s with 6 rooms. There are four rooms in the main motel with kitchenettes. All rooms have two queen beds. The only exception is the three handicap rooms that contain a single queen size bed, larger living area and bathroom. All rooms include a mini fridge and microwave. There is a one stall garage, two storage sheds and on-site laundry for motel use only. Well water and septic for each building provide cost savings that help make this an efficient property to manage.

Location

State MI

County Newaygo

Area Garfield Twp

Zoning Commercial

Interior

Heating Forced Air, Hot Water

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Building

Foundation Slab

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Aluminum,Block/Concrete/Masonry

Schools

School District Newaygo

Others

Tax ID 1836200045

Ownership Corporate/Relocation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Matthew Cozzie of 411 REALTY
Bought with 411 REALTY
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