$695,000
$749,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
218 Elizabeth Street South Arm Twp, MI 49727
0.9 Acres Lot
Key Details
Sold Price $695,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision South Arm Retreats
MLS Listing ID 78080049121
Sold Date 09/24/24
Originating Board Aspire North REALTORS®
Year Built 1956
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions irregular
Property Description
Welcome to this charming motel resort located in the vibrant community of East Jordan, directly across from the scenic South Arm of Lake Charlevoix. This popular lodging facility boasts 8 beautifully updated rooms, plus an additional 2-bedroom home, perfect for owner's accommodation or additional rental income. Other features include garage, laundry/storage and a large lot with lots of on site parking Guests will enjoy stunning lake views and convenient public access to Lake Charlevoix just steps away. East Jordan is one of Northern Michigan's beloved destinations, where the Jordan River meets the South Arm of Lake Charlevoix. The area offers numerous waterfront parks, nature trails, a marina, and a lively downtown filled with shops and restaurants.---------------- This property provides easy access to Charlevoix, Boyne Mountain, Petoskey, Lake Michigan, and all the attractions that make Northern Michigan so special. Currently professionally managed, this motel resort is an excellent investment opportunity. Alternatively, it can be operated as an owner-occupied business with the spacious apartment. Don't miss your chance to own a piece of Northern Michigan paradise!
Location
State MI
County Charlevoix
Area South Arm Twp
Zoning Other
Interior
Heating Other
Cooling Other
Fireplace no
Heat Source Natural Gas
Exterior
Porch Patio, Porch
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Other
Schools
School District Charlevoix
Others
Pets Allowed Yes
Tax ID 05370500110
Ownership Corporate/Relocation
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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