Property Listing No Longer Available for Sale

5901 W Levering Road, Harbor Springs, MI

Others for Sale - $598,000


Property Info

CIMLS#1108612
Location
  5901 W Levering Road
  Harbor Springs MI 49740
UpdatedOctober 8th, 2022
TypeOthers
Price$598,000

Property Description

This partially constructed motel is the next big thing to come to Northern Michigan. A bustling new business opportunity awaits! With limited lodging currently available in Cross Village, you can provide the missing piece to transform this charming town from the best known day trip to the perfect vacation destination. Imagine the year-round guest demand stemming from all there is to love about Cross Village including the quiet, sandy beaches, the iconic Tunnel of Trees Scenic Route, historic landmarks, 1000's of acres of public land to hunt, forage, and explore, world famous dining, breathtaking fall foliage, groomed snowmobile trail systems, Christmas farm celebrations and the overall feeling of secluded, tranquility. Add in the attractions of the nearby towns of Harbor Springs, Petoskey, Indian River, and Mackinaw and you have the best of Northern Michigan at your disposal. All this and more keeps tourists flooding to Cross Village year after year!! The motel has a prime setting on a private, wooded lot just 2 blocks south of downtown. Walking distance to dining, shopping and the beach. The small craft boat launch at the Port of Cross Village is just a 1/2 mile away. The existing construction project has already completed the most crucial steps including zoning approval, permits, plans, well, septic, foundation, framing, exterior finishes, plumbing, and electrical on all units! The full plan, as constructed, consists of three quadplexes offering ten 1BR/1BA units, a manager's 1BR/1BA unit, a manager's office, and a laundry room plus a 24x48 storage barn. The manager's unit is completely finished with a temporary certificate of occupancy issued. The storage barn is complete, to a point of preference, with an unfinished interior. Two units are insulated and drywalled and the remaining eight units are at differing stages of insulation. The high quality finishes and luxury design details are of utmost value! Schedule a tour to see the opportunity!


Financials


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