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1010 State Highway M-28 East
Marquette, MI 49855
Americas Best Value Inn Marquette · Hospitality Property For Sale · 21,696 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.01 AC
Building Size 21,696 SF
No. Stories 2
Year Built/Renovated 1980/2024
Corridor Interior
Zoning C - Commercial

AMENITIES

  • Fitness Center
  • Pool
  • Indoor Pool
  • Public Access Wifi
  • Hot Tub

ABOUT 1010 STATE HIGHWAY M-28 EAST , MARQUETTE, MI 49855

Don’t miss out on this exceptional opportunity! America's Best Value Inn, part of the prestigious Sonesta Family, is the perfect place to invest in an exceptional property located in one of the most desirable areas! Just minutes from downtown, this prime location offers unparalleled access to the North Country Trail, which stretches across Michigan's beautiful Upper Peninsula. You're also less than a mile from two launches on the scenic Chocolay River, including the Chocolay Marina, which provides direct access to the majestic Lake Superior. Whether it's a short ride or a free bus service, you'll be at Ojibwa Casino in no time, offering world-class entertainment and excitement. Plus, health clubs, dining, banking, and shopping are all conveniently located just across the street. This exceptionally updated motel boasts 40 beautifully designed rooms, each featuring new keyless locks installed within the last month for the utmost security and guest convenience. Every room is tailored to provide guests with a comfortable and memorable stay, while also enhancing operational efficiency. In addition, the property includes five long-term rental units, further adding to its value. With $500K in infrastructure upgrades, this property shines with new carpeting, hardwood floors, refrigerators, microwaves, furniture, light fixtures, vanities, toilets, and reglazed bath stalls. Not only that, but the walls and ceilings have also been upgraded, along with the addition of a new industrial washer and dryer, onsite laundry facilities, maintenance and storage rooms, and a vending room equipped with brand-new machines. Other notable improvements include four newly furnished rooms, a state-of-the-art security system, fiber optic connectivity, and a brand-new hotel property management system (PMS) to streamline operations. New public doors and locks, a completely upgraded sewer system, and a modernized guest lounge and lobby areas ensure the property is both functional and inviting. Furthermore, the front signage, exterior floodlights, and drainage and gutter systems have all been significantly improved. All rental units have been carefully upgraded both inside and out, ensuring they meet the highest standards. The property comes fully equipped with onsite snow removal equipment, a lawnmower and essential tools, as well as maintenance and housekeeping carts for maximum efficiency. Plus, the onsite manager’s apartment can be utilized as a rental unit, offering even more potential for income. Located in the heart of Marquette, Michigan’s “Winter Water Wonderland”, this property attracts outdoor enthusiasts year-round, making it a prime investment. The motel is ideally situated at the intersection of two major highways, offering easy access for both drivers and those flying into Sawyer International Airport, just 20 miles away. This remarkable property is truly one-of-a-kind, with endless opportunities for growth and success. A recent appraisal is available for your review.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
52-02-107-019-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$765,900
  • Listing ID: 34083393

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 1010 State Highway M-28 East, Marquette, MI 49855

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