Description

Operating Hotel- owners wish to retire. 450 feet of Lake Cadillac waterfront is the setting for this 55 room hotel. Great location with heavy traffic on M-115 in Cadillac West. Value is in the land for this incredible development site in the City of Cadillac with 3 acre development site. Existing building could be remodeled, redeveloped or removed. Motel, night club, restaurant, bar and indoor pool on property. Liquor license included. McDonald's, Java Coffee, adjoin property. Burger King, several gas stations and other retail close by this location.

Details

MLS#1857731
StyleIndustrial
Sub-TypeResale
StatusActive
Year1961
Days On Site16

Features

SQ Feet1
Story(s)1
ZoningCommercial

Market Activity 49601

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Area Information

StateMI
CountyWexford
CityCadillac
Zip Code49601
AreaWexford
Listing VS Median (in 49601)
Price:
$950,000
low | high
Med:
$29,350
100% of Average
SqFt:
1
low | high
Med:
511
100% of Average
$ / SqFt:
$950,000
low | high
Med:
$15
100% of Average
On Site:
16
low | high
Med:
96.5
16.580310880829% of Average
Listing Updated: 03/21/2019
MLS Number: 1857731
Listing Provided By:
Meier 950000  of  PREMIER REALTY CO
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