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1609 S Stephenson Ave
Iron Mountain, MI 49801
Baymont by Wyndham Iron Mountain · Hospitality Property For Sale · 25,314 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.84 AC
Building Size 25,314 SF
No. Stories 2
Year Built/Renovated 1958/2012
Parking Ratio 2.84/1,000 SF
Corridor Interior
Zoning B-2 - Business

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ABOUT 1609 S STEPHENSON AVE , IRON MOUNTAIN, MI 49801

IMarcus & Millichap has been exclusively retained to offer for sale the 57 room former Econo Lodge in Iron Mountian, Michigan. Iron Suites on Michigan's Upper Peninsula sits, a 3-minute drive from central Iron Mountain on Highways 2 and 141. Iron Suits presents an investor the opportunity to acquire an asset for a price well below the replacement cost. Located in the Upper Peninsula of Michigan, Iron Mountain is a beautiful and historic town located within minutes of the Wisconsin border. You will find getting to our Iron Mountain hotel is easy as we are conveniently located on US2/ 141/ M95. Many of Iron Mountain's largest businesses are located within a few minutes of our hotel. M.J. Electric, BOSS Products, Systems Control and Oldenburg Group Incorporated are just a short drive from our hotel in Iron Mountain. For the leisure traveler, our Iron Mountain hotel offers convenient access to many outdoor attractions. In the winter months, Pine Mountain Ski Hill is a prime location to ski. Pine Mountain is also home to one of the world's largest man-made ski jump. In summer months, blaze a trail at Piers Gorge Whitewater Rafting & Hiking Trails or enjoy a round of golf at nearby Oak Crest Golf Course or Timber Stone Golf Course. All rooms include air-conditioning, free WiFi, coffeemakers and premium cable TV. Some rooms feature desks, microwaves, minifridges and pillow-top mattresses, while suites have separate sitting areas and whirlpool tubs. Coffee and continental breakfast are complimentary. Other amenities include an indoor pool and hot tub, a business center and an exercise room. There's also an on-site picnic area and free large-vehicle parking. Current room renovations include furniture, bedding, linen, carpet, refrigerators, new TV’s, microwaves and new PTAC units in all the rooms. Other renovations include new roof, ice maker, washer, dryer, ice maker, pool area renovation and resurfacing the parking lot.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
051-000-245-00
Land Assessment
$535,400
Improvements Assessment
$0
Total Assessment
$535,400
  • Listing ID: 9152298

  • Date on Market: 9/14/2017

  • Last Updated:

  • Address: 1609 S Stephenson Ave, Iron Mountain, MI 49801

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