MI > Iron > Gaastra > 1700 1st Street

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1700 1st Street Map / directions

Gaastra, MI

49927 Market info

  • MLS# 1881109
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800-871-9992

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248-208-3883

LIVE WORK & PLAY in the heart of the Upper Peninsula with this rare opportunity to own an established, turnkey 24 unit motel with private 3 bd/2 ba owner's residence. Situated near the shores of Chicaugon Lake, this popular family run motel is located just outside the town of Iron River in an area known for it's stunning natural beauty and abundance of recreational activities. Live on site in the nicely detailed spacious owners quarters featuring an open floor plan, 2 bedrooms/2 baths upstairs and an additional finished bedroom in the basement. New furnace installed (2020) in the residence. This year round playground welcomes golfers, skiiers, snowmobilers, bikers, hikers, fishermen/women, ATVers and vacationers looking to experience the magic of the U.P. fall colors. DON'T MISS YOUR OPPORTUNITY to own this piece of paradise. Check out Facebook business page for The Chicaugon Lake Inn to see their strong following and great customer reviews. Additional financial documents available for serious buyers.

Property Information

Status
Active 
Address
1700 1st Street 
City
Gaastra 
Zip
49927 
Year Built
1995 
Listing Date
10/18/2020 
County
Iron 
Possession
Within 30 Days 
Parking
Common 
Price/SqFt
85.72 

Taxes

Features

Current Use
Recreational/Resort 
Features
Furniture/Fixtures, Security System, Sprinkler System 
Zoning
Commercial, Industrial 
Water
Municipal Water 
Sub Property Type
Hospitality 
Licenses
None 
Exterior Features
Wood 
Cooling
Electric, Forced Air, Propane Gas 
Heating
Electric, Forced Air, Propane Gas 

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  • Property History
  • Local Business
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1881109 Active Oct 18 2020 12:26PM $875,000 133
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

MITAAR Logo

Listing Courtesy of Keller Williams Northern Michigan
Office Address 534 E Front Street Suite 1

Real Estate One Family of Companies

1700 1st Street Gaastra
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$875,000
For Sale • Acres: 3.75 • Zoning: Industrial,Commercial