26 Lowrie $690,000

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    26 Lowrie Gladstone, MI 49837

    Sold
    SOLD 7/7/2021

    $690,000

    Market Estimate
    • 14,560 sq. ft.
    • Commercial
    • MLS# 458210
    26 Lowrie, Gladstone, MI 49837
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    Listing provided courtesy of: Berkshire Hathaway HomeServices Real Estate
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    Property Details

    Adoba 30 room Ecotel and Suites on busy US 2 in Gladstone Michigan.. Totally renovated and refurbished in 2017 to give it a fresh clean look. Includes a manager's apartment and additional 3000 sf steel warehouse. Interior double sided access corridor for easy security and maintenance. Large lobby and separate breakfast room with prep area, laundry. Shows good numbers for 2018 exceeding a 10 cap. Take advantage of the rising Bridge crossings and U.S. 2 traffic count. An easy property to run and maintain for a couple or manager/employee. Confidentiality agreement in associated docs. See Assoc Docs for more details. More photos coming soon.

    • General Features
      • Above Ground Sq Footage 14560
      • Approx Year Built 1998
      • Association No
      • County Outside/U.P.
      • Total Sq Ft 14560
      • Township Other/See Remar
      • Type1 Business Opportunity, Hotel / Motel
      • Water Front Water Access Neither
    • Building Features
      • Stories Two
    • Room Features
      • Bedrooms 31
      • Full Bathrooms 32
      • Num Of Restrooms 1
    • Schools
      • School District Misc U.P.
    • Additional Features
      • Current Business Type Hotel / Motel / Resort

    Neighborhood

    49837 (Gladstone) Demographics

    46 Median Age
    119 Population Density (per sq. mile)
    37% College Educated
    $58,038 Estimated Median Income
    3,038 Estimated Total Home Owners
    598 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    9,173 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $121,900 Median Sales Price
    6 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
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        7/7/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $690,000

        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLSX). Real estate listings held by brokerage firms other than RE/MAX of Michigan are marked with the NM-MLSX 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 RE/MAX of Michigan shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc © All rights reserved.

        NM-MLSX (IDX) information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

        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.