100 W Kieffer Rd - Hospitality FOR SALE


Michigan City, IN 46360
$4,000,000 USD
734-612-0179
100 W Kieffer Rd, Michigan City, IN for Sale
$4,000,000 USD
Hospitality - FOR SALE
1/41
null | Request Cap Rate

100 W Kieffer Rd
Michigan City, IN 46360


OVERVIEW

## ?? **Comfort Inn – 100 W Kieffer Rd, Michigan City, IN 46360** **Total Rooms: 72** (Including 26 newly added rooms on the 4th floor) ### ?? Major Upgrades & Renovations: 1. **New Elevator Installed** – 2022 2. **4th Floor Addition** – 26 new rooms added 3. **Indoor Pool** – Completely rebuilt in March 2024 with a modern filtration and heating system (Investment: \$150,000–\$200,000; former meeting room converted) 4. **New Roof** – Installed in 2021 5. **New Water Heater** – 2020 6. **Phone System** – Brand new system installed in 2025 7. **Cisco Commercial Guest WiFi** – Upgraded for \$15,000 + labor 8. **Lobby Facelift** – Refreshed with contemporary finishes, welcoming furniture, modern lighting, and upgraded check-in counters 9. **Breakfast Area Renovated** – 2020 with stylish finishes and updated appliances 10. **Furniture Upgrade** – All guest rooms refurnished in 2019 per **Choice Hotels** brand standards --- ?? **Suburban Collection – 5820 Franklin St, Michigan City, IN 46360** **Franchise Approved | 75 Rooms** ### ?? Capital Improvements & Features: 1. **HVAC System Converted** – From central to individual units (Cost: \$178,000 – 2021) 2. **Rooftop HVAC Unit Installed** – \$127,000 investment 3. **New Water Heater** – 2020 4. **Complete Tile Installation** – From front lobby through back pool corridor 5. **New Suburban Brand Furniture** – Installed to meet franchise requirements 6. **Kitchenette Install Approved by City** – Infrastructure and electrical ready * KitchenAid installation: \$120,000 (plus \$50,000 electrical) 7. **Choice Hotels Key Money Approved** – \$210,000 commitment 8. **Liquor License** – Active and transferrable --- ## ??? **Restaurant Onsite** * **City-Approved Electrical Upgrades** – \$107,000 investment * **Rental Income:** * \$3,500/month through September * \$5,000/month ongoing (due to shared electric meter) * Long-term lease potential: \$7,000/month --- ## ?? **Banquet Hall** * **Seating Capacity:** 200–300 guests * **New Carpet Installed:** 2023 * **Renovation:** Ongoing updates to interior decor and function --- ## ????? **Suburban Pool Area Enhancements** 1. New **light fixtures** 2. **New desk carpeting** 3. **Tiled walkways and pool perimeter** improvements --- ## ?? Investment Opportunity Highlights * **Kitchenette + Hot Plate Approval**: Excellent for long-term stay conversions * **Franchise-Approved Renovations**: Significant CapEx already invested * **Furniture Finalized**, **Stone Finishes Ordered** * **Long-Term Stay Facility**: Business model transferable * **Liquor License Active** – Adds value for restaurant & event services --- ## ?? About Michigan City, IN * **Strategic Location**: Situated between Chicago and South Bend; 2.5 miles from Lake Michigan * **Tourist Destination**: Indiana Dunes National Park, Blue Chip Casino, Lighthouse Premium Outlets * **Growing Economy**: City-supported business growth, hospitality development, and infrastructure upgrades * **Educational Hub**: Close to Ivy Tech Community College and Purdue Northwest * **Traffic Exposure**: Located near I-94 and US-421, with high vehicle counts (available on request)

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$87 USD /SF

# OF ROOMS

71

PRICE/ROOM

$56,338 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites Michigan City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2012

PARKING SPACES

113

LAND DETAILS

LAND ACRES

5.39 AC

LAND SF

234,788 SF

ZONING

B-2

APN/PARCEL ID

46-05-09-300-005.000-009

ASK ABOUT THIS PROPERTY

Manish ShahSocial House Real Estate Group LlcMore Info
734-612-0179

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Manish ShahSocial House Real Estate Group LlcMore Info
734-612-0179

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.