The Riverside Motel-Marina is located on the Manistee River, a 190-mile-long river that flows directly into Lake Michigan. The motel offers 20 rooms and a private marina that is part of the “Riverwalk” a 1.75-mile walk along the marina that offers historic markers along the way. The marina also offers fishing boat charters and Casino Shuttle. The motel is in great condition and in need of no repairs or upgrades. This is a turn-key operation perfect for an owner-occupant or absentee owner. This offering include: • 1.6-acres MOL • 21-Rm Motel 5,495 SF (20 Rentals + 1 Apartment) • In-Ground Pool • Built/Renovated: 1950/2022 (Structural includes newer roof) • In-Ground Pool/Lounge Area • Private Marina • Current Occupancy: 90% • Gross Revenue: $402,000 (2024) • NOI: $252,000 (2024) Note: Structure and all rooms have been completed upgraded Asking Price: $2.1M OBO Financing: Seller Financing is offered to a qualified purchaser. Interest Rate and Terms are TBD.