Property Listing No Longer Available for Sale

2414 LUDINGTON ST, Escanaba, MI

Motel for Sale - $250,000


Property Info

CIMLS#117699
Location
  2414 LUDINGTON ST
  Escanaba MI 49829
UpdatedSeptember 26th, 2009
TypeMotel
Price$250,000

Property Description

MUST SELL, MOTEL IN THE HEART OF THE UPPER PENINSULA OF MICHIGAN.16/17 UNITS WITH LIVING QUARTERS IN ESCANABA, MICHIGAN. OCCUPANCY IS ALMOST 100% WITH WEEKLY AND MONTHLY RENTALS. MOTEL IS SITTING ON 2 LOTS, 80 FEET OF PRIME COMMERCIAL PROPERTY ON HWY US 2 & 41, 2 BLOCKS WEST OF NEW WALGREENS AND THE BUSIEST INTERSECTION IN THE UPPER PENINSULA. 1/2 MILE EAST OF A NEW MENARDS. THERE ARE ALSO 3 VACANT LOTS NEXT TO MOTEL THAT ARE FOR SALE.DIRECTLY BEHIND THE MOTEL IS THE POST OFFICE AND A MALL WITH A SHOPKO. PLEASE CALL RANDY AT 906-553-2131


Financials