MLS 458210
26 Lowrie Gladstone, MI 49837  

Adoba 30 room Ecotel and Suites on busy US 2 in Gladstone Michigan.. Totally renovated and refurbished in 2017 to give it a fresh clean look. Includes a manager's apartment and additional 3000 sf steel warehouse. Interior double sided access corridor for easy security and maintenance. Large lobby and separate breakfast room with prep area, laundry. Shows good numbers for 2018 exceeding a 10 cap. Take advantage of the rising Bridge crossings and U.S. 2 traffic count. An easy property to run and maintain for a couple or manager/employee. Confidentiality agreement in associated docs. See Assoc Docs for more details. More photos coming soon.
Price $880,000 County: Outside/U.P. Zoning:  B-2 commercial
Area: Misc U.P. Waterfront Feet: Association: No
Lake/River:  Business Opp. Y/N: Y Lot Size:
County: Other/See Remar Waterview Y/N: Acres: 0.00

For more information contact:
Real Estate One - Petoskey

Direct Link:  http://www.reomich.com/petoskey/reopetoskey/commercial/index.php?view=458210