Property Details

5692 N US 31 Highway, Levering

Listing Details

Income-producing 13-unit apartment property currently fully rented and operating as long-term efficiency apartments. Formerly operated as a motel, the property offers an established rental history with 11 studio-style units, a larger corner unit, and an attached house/office. Additional features include on-site laundry, paved parking, approximately 1.1 acres, B-2 commercial zoning, well and septic. Located along US-31 in Levering with convenient access to Pellston, Petoskey, Mackinaw City and surrounding Northern Michigan communities. An opportunity to acquire an established income-producing property with potential for future improvements and continued rental growth. Financial information available to qualified buyers upon request.

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5692 N US 31 Highway
Levering MI, 49755

$497,000

  • Bedrooms 15
  • Square Ft 4,769
  • School District Pellston
  • County Emmet
  • Water View No
  • Waterfront No
  • Type Commercial/ Industrial
  • Subtype Business Opportunity, Hotel / Motel, Residential Included
  • Zoning B-2
  • Current Business Hotel / Motel / Resort
  • Year Build 1971
  • Water Well
  • roof Asphalt Shingle
  • window Insulated
  • water heater Propane, Electric
  • sewer Septic
  • # of Units 12
  • stories One
  • Other Buildings Shed
  • heat Electric, LP Gas
  • Features Cable TV, Refrigerator, Washer, Off-Street Parking, Air-Conditioning, Ample Parking, Dryer, Range, Paved Roads
  • Construction Wood Frame
  • Basement Crawl
  • Listing Courtesy of @properties Christie's International Real Estate - Petoskey

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