6100 M-68 $990,000

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    6100 M-68 Indian River, MI 49749

    • 9,177 sq. ft.
    • Commercial
    • MLS# 201827386
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    Views: 17 Days On Site: 151

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    Property Details

    WATERWAY INN in Indian River. 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 Sprints, Bay Harbor, Charlevoix and Mackinaw City. 24 bedrooms and 17 bathrooms. Adjoins snowmobile trails. Negotiable! Allocation of assets to maximize tax benefits.

    • General Features
      • Type Commercial/Industrial
      • Business Information Business Opportunity
      • SqFt. Total 9,177
      • Extras Laundry
      • Subdivision T35N R3W
      • County Cheboygan
    • Building Features
      • Construction Frame
      • Heating/Air Conditioning Electric,Forced Air,Natural Gas
    • Property Features
      • Lot Size 2 Acres
      • Parking Parking Lot, Paved
      • Road Paved
      • Driveway Blacktop
      • Internet Access Unknown
      • Electric On Site
      • Sewer Septic
      • Water Well
      • Gas On Site
    • Schools
      • School District Inlandlakes

    Contact

    Team Sherwood

    Team Sherwood

    Office Owner

    RE/MAX North

    Direct: 231-627-9992

    Neighborhood

    49749 (Indian River) Demographics

    56 Median Age
    50 Population Density (per sq. mile)
    32% College Educated
    $56,230 Estimated Median Income
    1,714 Estimated Total Home Owners
    350 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,326 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $382,500 Median Sales Price
    8 Homes Sold
    10 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $990,000
        11/29/2023 1:06:00 PM New in Database Source: Multiple Listing Service New Value: $990,000

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        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Water Wonderland MLS, Inc © All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.