MI > Somerset Twp
Somerset Twp, MI 49233,13990 E Chicago Road
Somerset Twp, MI 49233,13990 E Chicago Road
Somerset Twp, MI 49233,13990 E Chicago Road
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$815,000
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1,895 SqFt
Price Dropped by $35K

13990 E Chicago Road Somerset Twp, MI 49233

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David Elwood

David Elwood

+1(248) 568-5958

UPDATED:

09/03/2024 11:38 PM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 1,895 sqft

Price per Sqft $430

MLS Listing ID 55024030565

Originating Board Jackson Area Association of REALTORS®

Year Built 1950

Annual Tax Amount $2,505

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 400X762

Property Description

*Seller willing to consider Land Contract terms** This property features 3 buildings with 14 motel rooms and a versatile apartment for a 15th room or Air BnB. Recent renovations and a new business model boosted average daily rates by 20% in May and 34% in June. The ranch home offers 2 beds, 1 bath, and an attached garage- perfect for a long term tenant/ STR or an owner-operator. Located a stone's throw from Lake Somerset, three other lakes within 2 miles (as well as the other 52 Lakes in the Irish Hills area), hotspot for visitors attending events at the Michigan International Speedway, Faster Horses Festival, various wedding and event venues, wineries, a charming cider mill, local parks, and renowned hunting spots. Ideal for investors seeking growth in a prime recreational area.This property is managed using 'Stayntouch' software (PMS) that allows for operation from anywhere. New 'Dormakaba' locks for all units have network connection to allow for automated check in, keypad access through integration with Stayntouch. Booking, check-in and check out can all be done electronically with a smartphone.

Location

State MI

County Hillsdale

Area Somerset Twp

Direction US12 between S. Jackson Rd & US127

Interior

Heating Forced Air, Heat Pump

Heat Source Heat Pump, Electric, Natural Gas

Exterior

Pool No

Waterfront no

Roof Type Composition,Other

Accessibility Interior Disabled Facilities

Road Frontage Paved

Building

Foundation Basement

Sewer Septic Tank (Existing)

Water Other, Well (Existing)

Structure Type Aluminum,Frame,Wood

Schools

School District Addison

Others

Tax ID 040114000031151

Ownership Private Owned

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional

Special Listing Condition Unknown/Data Share Listings

Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by BNR Real Estate Group

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David Elwood

Broker Associate | License ID: 6506045662

+1(248) 568-5958

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13990 E Chicago Road