MI > Emmet > Levering > 5692 N Us 31 Highway LEVERING MOTEL

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5692 N Us 31 Highway LEVERING MOTEL Map / directions

Levering, MI

49755 Market info

  • MLS# 468346
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Real Estate One - Petoskey and Charlevoix

Petoskey Office: 231-347-6200
Charlevoix Office: 231-547-5100
Customer Care: 248-304-6700

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

Contact Customer Care

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

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
Terms Available! LOCATION NOT TO MISS~The Levering Motel features 13 total rentals, with 11 studio rooms, 1 larger corner unit, attached house/office unit, Paved open parking court, maintenance shed and on site coin-op laundry. 11.5% Cap Rate. Excellent rental history with high year round occupancy. Keep the building as individual rental units or convert back to motel for seasonal tourist income. B-2 zoning offers amazing potential opportunities for this 1 acre parcel. This high visibility location is just minutes to Pellston Airport, Mackinaw City, Casinos, Lakes and Parks. Step right in to this turnkey rental business and level up!

Property Information

Status
Active 
Address
5692 N Us 31 Highway LEVERING MOTEL 
City
Levering 
Zip
49755 
Year Built
1971 
County
Emmet 
Above Grade SqFt
4,760 
Possession
At closing Tena 

School Information

School District
Pellston 

Features

Total No. of Units
13 
Features
Off-Street Parking, Paved Roads 
Zoning
B-2 
Water
Well 
Sub Property Type
Commercial/Industrial 
Heating
Electric Baseboard 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
468576 Sep 27 2023 12:16PM $495,000 $560,000 651
468576 Sep 20 2022 5:15PM $560,000 $595,000 651
468576 Active Jun 16 2022 1:26PM $595,000 651
468346 Active May 26 2022 4:47PM $595,000 672
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Real Estate One - Petoskey and Charlevoix

Petoskey Office: 231-347-6200
Charlevoix Office: 231-547-5100
Customer Care: 248-304-6700

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

Contact Customer Care

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

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Sue Louiselle, Broker
Office Address 7511 E. Lincoln Rd

5692 N Us 31 Highway LEVERING MOTEL Levering
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$495,000
For Sale • Acres: 1.1 • Zoning: B-2