WONDERFUL OPPORTUNITY, to live and work in the UPís Keweenaw Peninsula. This 24 unit, well-placed and well-maintained hotel is situated just a mile from Michigan Tech University, across the street from the Houghton walking trail and Portage Lake and walking distance to the Portage Lake Golf Course. This 1.4-acre parcel features a 4239-sq. ft. one story motel with a full basement. This building has 11 single rooms, 1 double room, a 2-bedroom suite and living quarters for a manager. The 2-story building has 10 double rooms with a partial basement and is 2976 total square feet. All rooms feature free WIFI, TV's, mini refrigerators, and individually controlled heat and air conditioning. The office is a 1970ís 1632 sq. ft. Wausau home, this building was used as a home for the previous owner, and features 3 bedrooms, 1.5 baths. This building is currently used for lobby, office space, laundry facilities and storage. The furniture in the motel rooms was replaced in 2014 and is included in the purchase price. The current owners installed a state of the art natural gas heating system in both motel buildings replacing the old electric baseboards. They have also installed all new windows in the single-story building. A huge parking lot provides room for at door parking on most rooms and ample space for RVís and trailers. In the center of the parking lot is a lovely garden space with a fire pit and grills. There is an older sauna building which has not been used by the current owner, and 2 storage buildings. 2 wells and 2 septic systems service the property. This is the last "Mom & Pop" motel in the area, has had good traffic and occupancy rates. Check out www.juliesmotorinn.com for further information.
This VisualTour is provided by: http://www.KeweenawRealEstate.com