About 6100 M-68
WATERWAY INN in Indian River. Could easily be converted to monthly rentals. Profitable 4-Season business just renovated with a $252,000 investment. In the heart of the Inland Waterway a year round destination area. Only lodging facility within walking distance of downtown. Two boat launches within .5 mile. 1/2 mile to Burt Lake State Park. 1.25 miles from the Cross in the Woods. Offers extra real estate for building additional buildings. Includes: real estate, furnishings, equipment, business, profitable laundry service and the 3-bedroom owner's living quarters. About 2 acres of land just 300 ft off I-75 and 20 minutes to the best Ski resorts. Close to Petoskey, Harbor Springs, Bay Harbor, Charlevoix and Mackinaw City. 24 bedrooms and 17 bathrooms. Adjoins snowmobile trails. Negotiable! Allocation of assets to maximize tax benefits. Included is a vacant commercial building site. FOR FURTHER INFORMATION AND FINANCIALS, ASK REALTOR.
Features of 6100 M-68
| MLS® # | 472738 |
|---|---|
| Price | $750,000 |
| Bedrooms | 24 |
| Bathrooms | 34.00 |
| Full Baths | 17 |
| Half Baths | 17 |
| Square Footage | 9,177 |
| Acres | 2.00 |
| Type | Commercial/Industrial |
| Sub-Type | Commercial/Industrial |
| Status | Active |
Community Information
| Address | 6100 M-68 |
|---|---|
| City | Indian River |
| County | Cheboygan |
| State | MI |
| Zip Code | 49749 |
Amenities
| Utilities | Underground Utilities, Electricity |
|---|---|
| Features | Cable TV, Washer, Off-Street Parking, Air-Conditioning, Common Area, Ample Parking, Dryer, Paved Roads |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Electric |
|---|---|
| Stories | Two |
| Has Basement | No |
| Basement | None |
Exterior
| Windows | Thermo, Insulated |
|---|---|
| Roof | Asphalt Shingle |
| Construction | Wood Frame |
School Information
| District | Inland Lakes |
|---|
Additional Information
| Zoning | Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Petoskey Real Estate Group |
|---|---|
| Contact Info | 231-333-9145 |