Train Station Motel

Hospitality for Sale
Catylist Listing ID: 30171799
Property Subtypes: Bed & Breakfast, Motel
Number of Units: 8 Units
Building Size (RSF): 2,500 SF
Gross Building Area: See Agent
Gross Land Area: 9 Acres
Sale Price: $599,000
Unit Price: $74,875 Per Unit
Property Use Type: Investment, Business
Building Name: The Train Station Motel
Name of Establishment: The Train Station Motel
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/11/2017

Overview / Comments

A MUST SEE! OPPORTUNITIES ARE ENDLESS. A RARE FIND WITH THIS ACREAGE ON THE WATER with Natural Gas and City Water. ALSO INCLUDES PROPERTY ID # 2102601400 (2.41 ACRES) TOTALING OVER 9 ACRES OF WATER FRONT PROPERTY. There is a lottery, beer, wine, liquor and food license. Easy showings. There is an original train station out building on the property as well.

Additional Details

Nearest MSA: Bay City
County: Huron
Tax ID/APN: 2102601500
Zoning: COMMERICAL
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Lakeshore Drive
Feet of Frontage: 416
Site Description: Approximately 9 acres located right on Lake Huron
Number of Stories: 1
Property Condition: Good
Year Built: 1960
Heat Type: Natural Gas
Lot Frontage: 416
Lot Depth: 1121
Water Service: Municipal
Sewer Type: Septic
Legal Description: COMM AT SW COR OF SEC TH E ALG S SEC L 2230.95' TO CL OF US-25 RH N 32 DEG 41' W ALG SD CL 122.0' TH N 57 DEG 19' E 73.10 TO ELY ROW OF US-25 & POB TH N 55 DEG W ALG ELY ROW L OF US-25 34.9 TH N 32 DEG W ALG ELY ROW OF US 25 269.90' TH N 57 DEG 19' E 428 TH S 32 DEG 41' E 302' TH S 57 DEG 19' W 414.90 TO POB INC ALL LAND LYING E TO SHORE OF LAKE HURON SV L1 P87, 88 & 89.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,645 2,924
Median Age: 47.12 46.77
Households: 710 1,277

Contact

Photograph of Listing Agent

Jack Hernandez

RE/MAX Showcase Homes
CPIX Member
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