MLS Public Remarks WATERWAY INN in Indian River. Profitable 4-Season business just renovated with a $252,000 investment. In the heart of the Inland Waterway a year round destination area. Only lodging facility within walking distance of downtown. Two boat launches within .5 mile. 1/2 mile to Burt Lake State Park. 1.25 miles from the Cross in the Woods. Offers extra real estate for building additional buildings. Includes: real estate, furnishings, equipment, business, profitable laundry service and the 3-bedroom owner's living quarters. About 2 acres of land just 300 ft off I-75 and 20 minutes to the best Ski resorts. Close to Petoskey, Harbor Sprints, Bay Harbor, Charlevoix and Mackinaw City. 24 bedrooms and 17 bathrooms. Adjoins snowmobile trails. Negotiable! Allocation of assets to maximize tax benefits.
http://www.www.johnstoneandjohnstone.com.com/201827386
Township Tuscarora
Directions M-68 and I-75 in Indian River
Fin Below Grd SqFt 0
Total Fin SqFt 9,177
Price/SqFt $0
Comm. Total Space 9177.00
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 0
Sub Property Type Commercial/Industrial
Year Built 0
Days on Market 162
Land Assessment -
Improvements -
Acreage -
Taxes -
Tax Year -
Summer Taxes -
School District Inland Lakes
Winter Taxes -
Subdivision T35N R3W
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.0
Lot Dimensions 2 Acres
WaterFrontage
0
Heating Electric, Forced Air, Natural Gas
Cooling Electric, Forced Air, Natural Gas
Water Well
Zoning Commercial
Basement N
Heating Electric, Forced Air, Natural Gas
Garage 0.0
Sewer Septic
Parking Desc Parking Lot, Paved
Terms/Misc. Cash, Conventional Mort
Status Change Date 11/29/2023
Listing Date 11/29/2023
Internet/IDX Y
Named Exceptions N
Listing Office
Petoskey Real Estate Group
Office Address
2206 Mitchell Park Drive, Unit 10
Listing Number
201827386
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