$350,000
$374,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
13604 Caberfae Highway Wellston, MI 49689
10 Baths
4.27 Acres Lot
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Municipality Norman Twp
MLS Listing ID 22017755
Sold Date 04/11/23
Full Baths 10
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1960
Annual Tax Amount $4,500
Tax Year 2020
Lot Size 4.270 Acres
Acres 4.27
Property Description
This is the perfect setting for someone looking to take over a booming vacation rental business. With limited openings left for the season, this 5 bed 2 bath house, 4 unit motel and 3 cabins make plenty of room for any occasion.
Perhaps you're looking to make the house on the 4+ acre lot your primary residence and rent out the already completely remodeled 2 unit duplex, each unit complete with 2 beds, full bath, family room and kitchen area.
The 2nd and 3rd cabins are nearing completion and once the new owner finishes the 4 units in the motel there will be 9 rental units on property as well as a 30 x 20 Pole barn for storage.
The back of the property has roughly 2 empty acres available if you wanted to put in your own campground and rent that out as well! Endless potential here!
Location
State MI
County Manistee
Area Masonoceanamanistee - O
Direction From Manistee head east on m-55 till you get to property for sale on the left hand side of the road.
Rooms
Basement Walkout
Interior
Cooling Window Unit(s)
Fireplaces Number 6
Exterior
Utilities Available Telephone, Propane, Cable Connected
Waterfront Description Public Access 1 Mile or Less
View Y/N No
Roof Type Metal, Concrete
Street Surface Paved
Building
Building Description Block, Vinyl Siding, Multi User Facility, Outdoor Storage
Foundation Other, Slab, Block
Sewer Septic System
Water Well
Structure Type Block, Vinyl Siding
New Construction No
Schools
School District Kaleva-Norman-Dickso
Others
Tax ID 10-108-425-04
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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