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The Konteka Black Bear Resort 400 Main St 16 Room Hotel White Pine, MI 49971 $1,250,000 ($78,125/Room)

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EXECUTIVE SUMMARY

Here is your once in a lifetime opportunity to own a popular motel, restaurant/bar, bowling alley, convenience store and gas station in a well sought after tourist area near the Porcupine Mountains and Lake Superior. A visitor destination whether you are a snowmobiler, camper, waterfall chasing or a Lake Superior enthusiast. The well-established restaurant/bar business within the White Pine community can seat over 200 people for dining, banquets, and weddings. One of the only conference centers on the range that is used by many local businesses for special events, meetings, classes, testing, and seminars. They have a history of hosting many area fundraisers. The kitchen is a masterpiece for the chef looking for a well-equipped workplace, with a separate area for the dishwashing. There are plenty of storage areas that are easily accessible for staff members. The convenience store for the gas station offers thoughtfully stocked merchandise for many area needs, from your everyday stables to items for campers in the area. I might mention it's the only gas station for 12-19 miles and serves the locals and many tourists passing through. For your entertainment the automated 8 lane bowling alley is a unique addition to this business. Plenty of arcade games and 2 pool tables add to the fun. The motel has 16 rooms, each offering 2 queen beds, a mini frig and cable tv. For your convenience there is a shared laundry area for all to use. This business has been an icon in the area for some time but has been very well maintained with a good deal of updates since 2015. The Konteka is a friendly place, with a outstanding reputation for their service. A place for everyone to enjoy and if you're lucky you just might experience a bear sighting while you're there!

PROPERTY FACTS

Price $1,250,000
Price Per Room $78,125
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.60 AC
Building Size 23,746 SF
No. Rooms 16
No. Stories 1
Year Built 2004
Corridor Interior
Zoning C3

AMENITIES

  • Restaurant
  • On-Site Retail
  • On-Site Bar
  • Meeting Event Space

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 16 $94.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-058-001-30
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$86,220
  • Listing ID: 36430343

  • Date on Market: 6/26/2025

  • Last Updated:

  • Address: 400 Main St, White Pine, MI 49971

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