797 N State St
Saint Ignace, MI 49781
Best Western Harbour Pointe Lakefront · Hospitality Property For Sale
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150 Rooms
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 11.33 AC |
| Building Size | 87,903 SF |
| No. Rooms | 150 |
| No. Stories | 2 |
| Year Built/Renovated | 2004/2019 |
| Parking Ratio | 1.81/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Balcony
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Multi-Room Suites
ABOUT 797 N STATE ST , SAINT IGNACE, MI 49781
Fee-simple interest in the 150-room Best Western Harbour Pointe Lakefront Hotel in St. Ignace, MI Located on the shores of Lake Huron with stunning views to world-famous Mackinac Island Unencumbered by existing management with various value enhancement opportunities Excellent beach frontage with a long history of value appreciation for this asset Operated seasonally with potential for a strong marketing-based operator to expand the season and increase revenue and NOI Recent CapEx plan of $1.5M invested should allow property to generate higher revenues in the immediate future Best Western International member, subject to a renewable membership agreement Hotel qualifies for USDA Rural Development Business and Industry (B&I) loan guarantee program Contact listing broker for information on additional financing options
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $340.00 | - |
| Guest Room | 147 | $222.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $3,018,400 |
