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    $895,000

  • Active | MLS#: 1103836

1000 River Pkwy Ishpeming, MI 49849

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Overview

Opportunity to own a well known motel consisting of 26-units contained within a mix of one story (front/office/reception) and two-story (rooms) all over crawl space. The motel rooms are all rented on a nightly basis and are within a two story structure (first floor has the meeting room with a small office, lobby, breakfast area and business center (desk with computer in lobby). Located 2 blocks off of US41 in Ishpeming, with M-DOT traffic count in 2014 of 15,400 cars per day traveling this corridor. Last appraisal completed in 2016 gave a value of $925,000 so this is your chance to pick up a business that is already priced aggressively and making money. Appraisal and financials will be provided with the proper non disclosure agreements signed and proper proof of financing or available funds. Per the appraisal there are 2 Queen Rooms, 11 Business King Rooms, 4 Double Queen Rooms, 2 Single King Suites, 1 King Jacuzzi Suite, and 5 2-Double Bed Rooms. There is no restaurant or bar on site but eateries such as the Jasper Ridge Restaurant and Brewery, McDonald's, and Red Rock Lanes and Lounge are within 1 block of the property. Call your agent today and schedule your site visit.

Listing provided courtesy of: RE/MAX 1ST REALTY

General Features

  • Area Ishpeming, North T 36
  • Approx Year Built 1980
  • Business Type Motel
  • County Marquette

Building Features

  • Construction Conventional Frame
  • Cable Yes
  • Air Conditioning Wall Unit
  • Exterior Vinyl
  • Electric Yes
  • Number of Levels 2
  • Natural Gas Yes
  • Heat Electric
  • Foundation Crawl Space

Property Features

  • SEWER City
  • Shoreline Not Applicable
  • ROAD ACCESS Year Round
  • Total Num of Buildings 1
  • WATER City

Listing agent photo

David Stefan

906-236-9412RE/MAX 1st Realty

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Price & Status History

Days on Market

  • This property has been listed on the market for 129 days

Location

The property map location is: Accurate, based on Google's address match.
Listing agent photo

David Stefan

906-236-9412RE/MAX 1st Realty

Ask A Question

Community Demographics for Zip Code 49849 (Ishpeming)

Housing Occupancy
  • Home Owners: 4,187 (61%)
  • Renters: 1,139 (16%)
  • Vacant: 1,592 (23%)
  • Total Housing Units: 6,918
Households
  • Average Household Size: 2.34
  • Housing Density (People per square mile): 45
Age Range (number of people)
  • Age 0-14: 2,117
  • Age 15-24: 1,581
  • Age 25-39: 2,382
  • Age 40-59: 3,131
  • Age 60-79: 2,705
  • Age 80+: 810
  • Total: 12,726

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 49849 (Ishpeming)

Public Schools in Zip Code 49849 (Ishpeming)

* This list of schools may not match the property above.

ISHPEMING HIGH SCHOOL 319 EAST DIVISION ST ISHPEMING, MI 49849 Phone: 9064851066 9th-12th
Grade Size Distribution
  • 9th: 73
  • 10th: 58
  • 11th: 69
  • 12th: 61
School Population
  • Teachers: 16
  • Students per Teacher: 16.3
  • Students: 261
  • Male/Female: 149/112
School District
  • ISHPEMING PUBLIC SCHOOL DISTRICT
  • 319 EAST DIVISION ST ISHPEMING, MI 49849
  • Phone: 9064855501
District Population
  • Schools: 4
  • Full-Time Teachers: 51
  • Students per Teacher: 18.2
  • Staff: 110
  • Students: 911
WESTWOOD HIGH SCHOOL 300 WESTWOOD DR ISHPEMING, MI 49849 Phone: 9064851023 9th-12th
Grade Size Distribution
  • 9th: 95
  • 10th: 87
  • 11th: 92
  • 12th: 75
School Population
  • Teachers: 23
  • Students per Teacher: 15.2
  • Students: 349
  • Male/Female: 157/192
School District
  • N.I.C.E. COMMUNITY SCHOOLS
  • 300 WESTWOOD DR ISHPEMING, MI 49849
  • Phone: 9064851021
District Population
  • Schools: 4
  • Full-Time Teachers: 76
  • Students per Teacher: 16.2
  • Staff: 143
  • Students: 1228
ASPEN RIDGE MIDDLE SCHOOL 350 ASPEN RIDGE SCHOOL RD ISHPEMING, MI 49849 Phone: 9064853176 6th-8th
Grade Size Distribution
  • 6th: 86
  • 7th: 88
  • 8th: 89
School Population
  • Teachers: 14
  • Students per Teacher: 18.8
  • Students: 263
  • Male/Female: 138/125
School District
  • N.I.C.E. COMMUNITY SCHOOLS
  • 300 WESTWOOD DR ISHPEMING, MI 49849
  • Phone: 9064851021
District Population
  • Schools: 4
  • Full-Time Teachers: 76
  • Students per Teacher: 16.2
  • Staff: 143
  • Students: 1228
ASPEN RIDGE ELEMENTARY SCHOOL 350 ASPEN RIDGE SCHOOL RD ISHPEMING, MI 49849 Phone: 9064853175 K-5th
Grade Size Distribution
  • Knd: 97
  • 1st: 97
  • 2nd: 97
  • 3rd: 77
  • 4th: 80
  • 5th: 87
School Population
  • Teachers: 34
  • Students per Teacher: 15.8
  • Students: 536
  • Male/Female: 261/275
School District
  • N.I.C.E. COMMUNITY SCHOOLS
  • 300 WESTWOOD DR ISHPEMING, MI 49849
  • Phone: 9064851021
District Population
  • Schools: 4
  • Full-Time Teachers: 76
  • Students per Teacher: 16.2
  • Staff: 143
  • Students: 1228
BIRCHVIEW SCHOOL 663 POPLACEAR ST ISHPEMING, MI 49849 Phone: 9064856341 K-4th
Grade Size Distribution
  • Knd: 45
  • 1st: 74
  • 2nd: 55
  • 3rd: 62
  • 4th: 57
School Population
  • Teachers: 14
  • Students per Teacher: 20.9
  • Students: 293
  • Male/Female: 143/150
School District
  • ISHPEMING PUBLIC SCHOOL DISTRICT
  • 319 EAST DIVISION ST ISHPEMING, MI 49849
  • Phone: 9064855501
District Population
  • Schools: 4
  • Full-Time Teachers: 51
  • Students per Teacher: 18.2
  • Staff: 110
  • Students: 911
C.L. PHELPS SCHOOL 700 EAST NORTH ST ISHPEMING, MI 49849 Phone: 9064864438 K-8th
Grade Size Distribution
  • Knd: 41
  • 5th: 60
  • 6th: 67
  • 7th: 89
  • 8th: 58
School Population
  • Teachers: 17
  • Students per Teacher: 18.5
  • Students: 315
  • Male/Female: 156/139
School District
  • ISHPEMING PUBLIC SCHOOL DISTRICT
  • 319 EAST DIVISION ST ISHPEMING, MI 49849
  • Phone: 9064855501
District Population
  • Schools: 4
  • Full-Time Teachers: 51
  • Students per Teacher: 18.2
  • Staff: 110
  • Students: 911
CENTRAL SCHOOL 324 EAST PEARL ST ISHPEMING, MI 49849 Phone: 9064869521
School Population
  • Teachers: 3
  • Students per Teacher: 7.7
  • Students: 23
  • Male/Female: 15/8
School District
  • ISHPEMING PUBLIC SCHOOL DISTRICT
  • 319 EAST DIVISION ST ISHPEMING, MI 49849
  • Phone: 9064855501
District Population
  • Schools: 4
  • Full-Time Teachers: 51
  • Students per Teacher: 18.2
  • Staff: 110
  • Students: 911

* School data provided by US Department of Education


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Upper Peninsula Board of REALTORS®. IDX Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Upper Peninsula Board of REALTORS®.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional