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- LoopNet Team
314 Chippewa St
Ontonagon, MI 49953
Griswold’s Lodge · Hospitality Property For Sale
·
10,400 SF
Investment Highlights
- High occupancy rate; located in the heart of one of Upper Michigan's premier tourist destinations right by Lake Superior
- Comes fully furnished complete with living quarters on site!
- Very well maintained with many recent updates--a turnkey operation
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1958/2022 |
| Building Class | C | Parking Ratio | 1.35/1,000 SF |
| Lot Size | 0.25 AC | Corridor | Exterior |
| Building Size | 10,400 SF | ||
| Zoning | C1 - Commercial - Buyer to Verify | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,400 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1958/2022 |
| Parking Ratio | 1.35/1,000 SF |
| Corridor | Exterior |
| Zoning | C1 - Commercial - Buyer to Verify |
Amenities
- Restaurant
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About 314 CHIPPEWA ST , ONTONAGON, MI 49953
Excellent opportunity with this very busy and popular Inn Towne Motel/Apartments! Steady clientele, great Downtown Ontonagon location, and just a couple blocks from Lake Superior! Truly a turnkey operation, there are numerous updates and upgrades including newly paved parking lot in 2018, plumbing redone 2020, full renovation in 2007, recent roof replacements, newer appliances, flat screen TVs in all rooms, etc. Roomy 2br/1ba living quarters, 13 clean and well furnished motel rooms, and 6 furnished apartments! Unbeatable location! Guests enjoy high speed Internet, a 5 minute walk to the lake, walk into Downtown and easy access to snowmobile trails...right in the heart of one of Upper Michigan's most sought after tourist destinations. A great business at a great price! Come explore the possibilities today!
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $123,800 |
Property Taxes
