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Waterway Inn 6100 M-68 Hwy Services hôteliers 16 chambres 908 068 € (56 754 €/Chambre) Indian River, MI 49749
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Very profitable business with opportunity to expand income
- Walking distance to Burt Lake
- Many updates-Turnkey Operation-Staff in place
- Excellent owner/operator business in Northern Michigan or use existing staff to operate remotely
- Adjacent to Michigan's premiere rail trail with biking access to Mackinac, Charlevoix, Petoskey and Alpena
- Detailed financials available, contact list agent for NDA
INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
- Accès internet à haut débit
- Patio
- Accès Wi-Fi public
- Sans tabac
- Cuisine entièrement équipée
- Suites multi-pièces
À PROPOS 6100 M-68 HWY , INDIAN RIVER, MI 49749
Exceptional opportunity to own the Waterway Inn—Indian River’s top-rated lodging facility and a thriving, fully renovated four-season business in the heart of Northern Michigan’s Inland Waterway. Sitting on nearly 2 acres of commercial-zoned land just 300 feet off I-75, this turnkey property offers significant growth potential with room for expansion. Originally purchased as the Coach House Motel in 2019, the owners have invested over $400,000 in improvements, elevating the property’s reputation to a 4.6-star Google rating and earning the #1 spot on TripAdvisor for lodging in Indian River. The Inn features 11 fully updated rooms, six income-producing mobile homes, and a spacious 3-bedroom, 1-bath owner’s quarters. A profitable public drop-off laundry service adds an additional revenue stream. Every room and mobile home has been renovated with new beds, linens, Roku TVs, high-speed internet, and a modern reservation system that seamlessly connects to major booking platforms. Centrally located, the Waterway Inn is the only lodging facility within walking distance to downtown Indian River, Burt Lake State Park, two boat launches, and direct access to the North Central State Trail. Its prime location off Exit 310 also captures a steady flow of walk-in traffic. The Inn benefits from repeat business, exclusive partnerships with local golf courses, fishing charters, and outdoor adventure companies, and is frequently at full capacity during peak seasons and even throughout the off-season. With a strong 16% cap rate, this property offers excellent cash flow and investment potential. Indian River is a rapidly growing destination with over $6 million in recent commercial investment, limited commercial-zoned land, and easy access to Petoskey, Harbor Springs, Bay Harbor, and Mackinaw City. Offered turn-key, this sale includes the real estate, business, equipment, furnishings, and detailed operational records—ready for new ownership
CHAMBRE INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE CHAMBRES | TARIF JOURNALIER | m² |
|---|---|---|---|
| Suite | 5 | 132,08 € | - |
| Guest Room | 11 | 95,39 € | - |
TAXES FONCIÈRES
| Numéro de parcelle | 161-024-400-578-02 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 195 556 € |
TAXES FONCIÈRES
ZONAGE
| Code de zonage | C1 (Commercial) |
| C1 (Commercial) |
Présenté par
Waterway Inn | 6100 M-68 Hwy
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