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Cadillac Sands Resort 6319 E M-115 55 Room Hotel Cadillac, MI 49601 $5,500,000 ($100,000/Room)
INVESTMENT HIGHLIGHTS
- 970 Feet of Waterfront Shoreline
- Includes Existing Businesses Such as: Resort, Restaurant, Small Marina, Party Store & Ice Cream Shop
- Located on the East Side of Cadillac Lake off of M-115
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $5,500,000 | Lot Size | 4.94 AC |
| Price Per Room | $100,000 | Building Size | 50,031 SF |
| Sale Type | Investment | No. Rooms | 55 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1962 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | CM - Commercial | ||
| Price | $5,500,000 |
| Price Per Room | $100,000 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.94 AC |
| Building Size | 50,031 SF |
| No. Rooms | 55 |
| No. Stories | 2 |
| Year Built | 1962 |
| Corridor | Exterior |
| Zoning | CM - Commercial |
AMENITIES
- Pool
- Restaurant
- Beach (direct access)
- Meeting Event Space
ABOUT 6319 E M-115 , CADILLAC, MI 49601
This exceptional waterfront resort property offers a prime investment opportunity. Nestled on 8.25 acres of land along the picturesque Lake Cadillac, the property features 970 feet of shoreline with sandy beaches perfect for swimming. The Lake Cadillac Resort Complex, has 55 rooms, a heated pool, BBQ, picnic, and bonfire areas, a restaurant, a small marina, a party store, and an ice cream business. The property's strategic location near M-115 offers easy access to the charming city of Cadillac, known for its tourist scene and year-round recreational activities like boating, swimming, kayaking, and canoeing. Located just three hours from Metro Detroit, this resort presents a lucrative opportunity for both leisure and investment.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $130.00 | - |
| Guest Room | 47 | $112.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $781,900 |
PROPERTY TAXES
Presented by
Cadillac Sands Resort | 6319 E M-115
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