6100 M-68, Indian River MI, 49749

Active

6100 M-68

Indian River MI, 49749

$750,000

$81.73 per sqft

Active

24 Beds

17 Baths

9,177 sqft

Commercial

WATERWAY INN in Indian River. Could easily be converted to monthly rentals. Profitable 4-Season business just renovated with a $252,000 investment. In the heart of the Inland Waterway a year round destination area. Only lodging facility within walking distance of downtown. Two boat launches within .5 mile. 1/2 mile to Burt Lake State Park. 1.25 miles from the Cross in the Woods. Offers extra real estate for building additional buildings. Includes: real estate, furnishings, equipment, business, profitable laundry service and the 3-bedroom owner's living quarters. About 2 acres of land just 300 ft off I-75 and 20 minutes to the best Ski resorts. Close to Petoskey, Harbor Springs, Bay Harbor, Charlevoix and Mackinaw City. 24 bedrooms and 17 bathrooms. Adjoins snowmobile trails. Negotiable! Allocation of assets to maximize tax benefits. Included is a vacant commercial building site. FOR FURTHER INFORMATION AND FINANCIALS, ASK REALTOR.

472738

MLSⓇ ID

November 29, 2023

Listed

November 22, 2024

Updated

Map

6100 M-68
Indian River MI, 49749

Interior Features

Bedrooms: 24
Total Bathrooms: 17
Full Bathrooms: 17
Laundry Description: 24
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Natural Gas, Electric

Exterior/Building Features

Lot Size: 2 Acres
Roof: Asphalt Shingle
Sewer: Septic

School Information

School District: T35N R3W
High School: Cheboygan
Elementary School: 24

Other Property Details

Area Name: Inland Lakes
Taxes: $9,177
Tax Frequency: Annually
Garage: No
View: No
County: Cheboygan
Municipality: Tuscarora
Water Source: Well
Pool: No
Zoning: Commercial

Listing History

Date	Event	Price
10/7/2024	Price change	$750,000 -12%
7/30/2024	Price change	$850,000 -15%

Listed by Joe Blachy with Petoskey Real Estate Group
Listing Contact: 231-333-9145

The IDX display contains information sourced from the Emmet Association of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 11/22/2024 at 10:50 AM UTC