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- LoopNet Team
1065 M-37
Traverse City, MI 49685
Econo Lodge Traverse City · Hospitality Property For Sale
·
26,845 SF
INVESTMENT HIGHLIGHTS
- Over $900K Room Revenue Past Two Years 2019-2018
- Desirable EconoLodge Franchise Affiliation w/Choice Hotels
- Competitive Highway Location/Frontage on M-37 near US-31
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2018 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 2.60 AC | Corridor | Interior |
| Building Size | 26,845 SF | ||
| Zoning | Commercial - Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.60 AC |
| Building Size | 26,845 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2018 |
| Parking Ratio | 1.49/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Business |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 1065 M-37 , TRAVERSE CITY, MI 49685
The EconoLodge is a two-story, interior corridor hotel consisting of 47 rooms & suites, front lobby and guest registration area, breakfast room, indoor swimming pool & spa, commercial laundry, and guest laundry. The hotel was built in 1990 and is situated on 1.3 acres of land. The hotel offers facsimile and copy services, well-lighted paved & striped parking, including truck parking w/plug-ins, and high-speed wireless Internet access. There is an additional lot for parking recreational vehicles and trucks included in the sale. The grounds have attractive green areas around the building that are landscaped with small trees and occasional shubbrey and are sprinkled. Traverse City has long been known as a four-seasons playground and is now recognized and celebrated for quality cusine, wine and culture. Miles of pristine shoreline include the Sleeping Bear Dunes National Lakeshore with historic lighthouses and coastal villages. The glacier-sculped landscape of orchards and vineyards include 16 golf courses. Swimming, sailing, boating, paddle boarding, hiking and fishing are favorite warm weather activities, while winter turns the region into a playground for skiers, snowmobilers, snowshoers, and fat tire bikers.
PROPERTY TAXES
| Parcel Number | 02-009-009-30 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,049,700 |
PROPERTY TAXES
