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1700 County Road 424

Gaastra, MI 49927
  • $940,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 50077174
UPDATED: 49 min ago
$940,000
  • 0
    BEDS
  • 3.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,695
    SQFT
  • $80
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1995
County:

School Ratings & Info

Description

CHICAUGON LAKE INN welcomes many year-round sport enthusiasts; boating, snowmobiling, ATVing, golf, biking as well as a spot for guests who want to enjoy a quiet place away from home. Turnkey resort located on 3.75 acres with 24 motel rooms; 18 double queen, 4 king and 2 whirlpool, lobby & reception area, gift shop, game/exercise room, continental breakfast area, detached garage and a spacious 3 bedroom, 2 bath, 1375 square foot owners home that is open concept with cathedral ceilings. All mechanicals have been updated, along with many other updates throughout the past few years; beds, furniture, flooring, roof, appliances and signage. Great location & plenty parking to hold family reunions, weddings or any other group related event. Meticulously maintained and pride of ownership over the last 23 years is evident at this Northwoods motel. Its time for the current owners to retire and let a new family take over in helping create a lifetime of memories.

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©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rising Team | RE/MAX Main Street Realty. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-10-07T10:52:09.213.
www.therisingteam.com/homes/129559054
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1700 County Road 424 Gaastra, MI 49927

  • Price: $940,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 49 min ago
  • MLS #: 50077174
0
Beds
0
Baths
0
½ Baths
3.75
Acres
11,695
SQFT
$80
$/SQFT
1995
Built
Neighborhood:
Stambaugh Twp (36014)
County:
Iron
Area:
Stambaugh Twp (36014)
Property Description
CHICAUGON LAKE INN welcomes many year-round sport enthusiasts; boating, snowmobiling, ATVing, golf, biking as well as a spot for guests who want to enjoy a quiet place away from home. Turnkey resort located on 3.75 acres with 24 motel rooms; 18 double queen, 4 king and 2 whirlpool, lobby & reception area, gift shop, game/exercise room, continental breakfast area, detached garage and a spacious 3 bedroom, 2 bath, 1375 square foot owners home that is open concept with cathedral ceilings. All mechanicals have been updated, along with many other updates throughout the past few years; beds, furniture, flooring, roof, appliances and signage. Great location & plenty parking to hold family reunions, weddings or any other group related event. Meticulously maintained and pride of ownership over the last 23 years is evident at this Northwoods motel. Its time for the current owners to retire and let a new family take over in helping create a lifetime of memories.
Exterior Features

Exterior Construction CedarStoneWood Exterior Features Deck/PatioSecurity Lighting Foundation Type BasementSlab Location Corner LotRural Lot Description Cleared Lot Size 414X483x426x483 Parking 21+ SpacesOn SiteParking Lot Roads City/CountyPaved StreetYear Round Roofing Asphalt Substructure Types Garage(S) Water Features Water ViewNone Waterfront YN No

Interior Features

Basement YN Yes Commercial Features 3 Phase PowerAbove Ground Fuel TankAdditional Bldg(S)CarpetCeramic FloorConcrete FloorDelivery DoorDisplay WindowDrive-InElectric AvailableFixturesFurnitureInterior SprinklerLiving QuartersLiving Quarters AttachedNo ElevatorOccupiedOutbuilding(S)Outside StorageOverhead DoorsPole SignPrivate RestroomsPublic RestroomsReception AreaRestroom(S)SidewalksSprinkler SystemTelephoneTile FloorsVinyl/Laminate FloorsWood FloorsSmoke/Fire Alarm Fuel Type Lp/Propane Gas Heating System Forced Air Water Heater Electric

Property Features

Additional Documents YN Yes Assessments YN No Business Name Chicaugon Lake Inn Business Type Hotel/Motel Commercial Type Business Environmental Condition YN No Financial Terms CashCommercial Loan Lease YN No License Available YN No Municipality Stambaugh Twp Ownership Llc Sale Includes Business And Real EstateInventoryLiving QuartersSupplies Sewer Septic Other-See Remarks Subject To Short Sale Approval No Summer Tax Amount 5432 Summer Tax Year 2021 Total Tax Amount 7453 Total Tax Year 2021 Township Stambaugh Township Type 1 To 4 Units Water Public Water Winter Tax Amount 1783 Winter Tax Year 2021 Zoning Mixed Use

Listing courtesy of Redman Realty Group, Llc : 715-891-6686.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rising Team | RE/MAX Main Street Realty. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-10-07T10:52:09.213.
 
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