2523 US Highway 41 W
Marquette, MI 49855
Cedar Motor Inn · Hospitality Property For Sale · 77,955 SF

A family owned business for over 50 years, owners wish to retire. Conveniently located along the east-west US Hwy. 41 corridor of Marquette just minutes from the central business district and shores of Lake Superior. All dining and shopping are nearby as is Northern Michigan University, UPHMS Hospital(the largest in the Upper Peninsula), hiking, biking, snowmobile trails, children's museum, maritime museum, iron industry museum, and much much more. All rooms are inside corridors, plus two, two room cottage suites. Owners residence on site with a three-car garage. Property backs to woods. 24-hour front desk in a spacious lobby. Guests also enjoy the heated indoor swimming pool, spa and steam sauna. Repeat business should make this motel opportunity a profitable venture for many more years to come. Business is booming since the motel reopened in June and is trailing 2019 by slightly less than 10%. SERIOUS BUYERS ONLY! Non-Disclosure Agreement is attached here and must be completely filled out. All showings by appointment only, please do not contact or visit this property without prior contact and approval by broker.