Hotels /MI /Mackinac County /Saint Ignace /700 N State St
Hotels /MI /Mackinac County /Saint Ignace /700 N State St

700 N State St - Hospitality FOR SALE


Saint Ignace, MI 49781 | 
$4,800,000 USD
231-941-1777
700 N State St, Saint Ignace, MI for Sale
$4,800,000 USD
Hospitality - FOR SALE
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700 N State St
Saint Ignace, MI 49781

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HIGHLIGHTS

  • Located in Downtown St. Ignace, MI
  • Walking distance to Mackinaw Island Ferries and downtown shops, entertainment, and dining
  • One of few hotels in St. Ignace open year around

OVERVIEW

Prime location in Downtown St. Ignace, MI within walking distance to downtown shops, restaurants, and entertainment. Current absentee owner needs hands on owner operator.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$115 USD /SF

# OF ROOMS

58

PRICE/ROOM

$82,759 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Host Golden Anchor Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

C

APN/PARCEL ID

49052-660-001-00

ASK ABOUT THIS PROPERTY

Gary SmithSmith Dean BurgettMore Info
231-941-1777

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Gary SmithSmith Dean BurgettMore Info
231-941-1777

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

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