35541 M107 - Hospitality FOR SALE


Ontonagon, MI 49953
$2,900,000 USD
612-363-7456
35541 M107, Ontonagon, MI for Sale
$2,900,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

35541 M107
Ontonagon, MI 49953


HIGHLIGHTS

  • Brand New Convenience Store/Gas Station/Off sale Liquor store is being conpleted in fall of 2025
  • New Group Pravillion to be completed in fall of 2025 with RV shower building
  • 14 Pull Thru RV sites now completed with room for another 20 with Water and Electric

OVERVIEW

Silver Sands Motel and RV Park offers an outstanding opportunity to acquire a multi-revenue hospitality property on Michigan’s Upper Peninsula. Located on a 10-acre parcel along Lake Superior, the property includes 18 motel rooms, a remodeled three-bedroom home, and a newly developed RV park with 14 pull-through sites and utilities, plus room for 20 more. A new convenience store, gas station, and liquor outlet are near completion, enhancing overall income potential. Its proximity to Porcupine Mountains Wilderness State Park and local attractions makes it a year-round destination for outdoor enthusiasts.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$264 USD /SF

# OF ROOMS

18

PRICE/ROOM

$161,111 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Silver Sands Motel and RV Park

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

23

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

commercial

APN/PARCEL ID

03-115-003-00

ASK ABOUT THIS PROPERTY

Jerry VlaminckHSC Business BrokersMore Info
612-363-7456

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Jerry VlaminckHSC Business BrokersMore Info
612-363-7456

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