414 Waukazoo Avenue, Petoskey, MI

$1,100,000

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2,310

Square feet

About 414 Waukazoo Avenue

Start earning on your investment immediately! Rare turn-key opportunity in Downtown Petoskey. The only licensed motel in the Central Business District, Little Bay Cottage is a century-old farmhouse renovated and converted into four one-bedroom flats. Very established self-serve boutique motel with over 900 bookings since opening in July, 2021. With a 5-star rating and numerous repeat guests, the reviews are clear: the location can't be beat! Each unit offers full apartment amenities including private entrances, separate kitchens and cozy living spaces. Full basement with separate access offers great storage. See the long list of recent upgrades. This unique property is offered with all furnishings, supplies, fully-functioning booking website and complete AirBnb account including Superhost status and all future bookings, as well as Seller cooperation to transition the busy operations to new owners. www.littlebaycottage.com for more photos of each flat and information about inclusions.

Features of 414 Waukazoo Avenue

MLS® # 472934
Price $1,100,000
Square Footage 2,310
Acres 0.00
Type Multi-Family
Sub-Type Multifamily
Status Active

Community Information

Address 414 Waukazoo Avenue
City Petoskey
County Emmet
State MI
Zip Code 49770

Amenities

Features Range, Refrigerator, Built In Microwave, Central Air, Deck, Dishwasher, Dryer, Washer, Wood Fireplace
# of Garages 0.0
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace Yes
Has Basement Yes
Basement Full, Other

Exterior

Windows Insulated, Vinyl
Roof Asphalt Shingles
Construction Wood Frame

School Information

District Petoskey

Additional Information

Zoning B-2
Foreclosure No
Short Sale No

Listing Details

OfficeGraham Real Estate

Listing Map

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