$30,000 Price Improvement! Turn key business ready for someone $495,000

Lake Commercial Off Market

$30,000 Price Improvement! - Turn key business ready for someone looking for their next investment adventure! - Moose Resort is a staple motel in the Cooks community sitting on US2 between Manistique & Rapid River MI, you are just minutes from many U.P. destinations. 266ft of private sand beach/sandy bottom frontage of Lake Michigan, snowmobile trail system right at the back of the property currently running East & thousands of acres of Hiawatha National Forest within appx 1 mi of motel for hikers/hunters. - Many updates and almost completely remodeled with many revenue possibilities. - Owner/Mgr. living quarters, 2nd floor balcony with a lake view, 2 Kitchenette suites, 2-2 double beds, 3-King and 2-Queen rooms. - Additional updates have been painting, flooring, fixtures, furniture, decor, bedding, pillows, memory foam mattresses, flat screen UHD TV's, Direct TV, 5g high speed internet (fiber optic cable is available at road), security camera system, gutters, roof apx 7yrs old, art work, water heaters, filtration system and more! - New septic in 2019, 32x36 garage in 2017 has a loft that is framed out and can be an additional finished rental space. Sellers are willing to help train & make the transition as smooth as possibleputer operating system & data base are also included! Please keep in mind that obtaining conventional financing may be difficult. Owners have invested a lot of funds/income into remodeling and purchasing new inventory these last two years hence you will not see a highNOI due to expenses (big expenses that potential buyer wouldn't have) They also ran it seasonally only (personal choice - as lot of remodeling was done during late fall and winter) There is a now well groomed snowmobile trail in the back of the property and if you cultivated snowmobiling customers winter could add substantially to yearly revenue. There are plenty of additional opportunities to significantly increase the revenue such as: adding paddleboard rentals, tent/RV sites, gift shop. - - - Check out more about this business at - - - Also listed as MLS#1131575