5692 N US 31 Highway, Levering
Listing Details
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. 9.6% 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!
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5692 N US 31 Highway
Levering MI, 49755
$495,000
- Square Ft 4,760
- School District Pellston
- County Emmet
- Water View No
- Waterfront No
- Type Multi-Family
- Subtype Other
- Zoning B-2
- Year Build 1971
- Water Well
- roof Asphalt Shingles
- sewer Septic
- # of Units 13
- heat Natural Gas, Electric Baseboard
- Features AC Wall Unit, Cable, Paved Road
- Construction Wood Frame
- Basement Slab
- Listing Courtesy of Sue Louiselle, Broker
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