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Listed by Berkshire Hathaway Homeservices - TC
$565,000
Est. payment /mo
3,011 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 3,011 sqft
Price per Sqft $187
MLS Listing ID 1947267
Year Built 1940
Lot Size 2.330 Acres
Acres 2.33
Property Sub-Type Hospitality
Property Description
Turnkey investment opportunity! Highway 31 Cabins is an established and successful vacation rental business situated on 2.33 acres along US-31 between Ludington and Manistee. The property features seven charming vintage cabins, including a spacious larger cabin that serves as an excellent rental or could be used as an owner's residence. Each cabin has its own private bathroom with a shower, toilet, and sink. The large cabin is equipped with a full kitchen, while the remaining cabins include a microwave and mini refrigerator, providing comfortable accommodations for a variety of guests. Known for its loyal returning guests, direct booking website, strong social media presence, Airbnb Superhost status, and hundreds of outstanding guest reviews, this property offers proven income potential with room for future growth. Guests will love the location, just minutes from Lake Michigan beaches, boat launches, and world-class salmon and trout fishing, making it a favorite destination for charter fishing enthusiasts, beachgoers, and outdoor adventurers. Plus, Doc's Restaurant is conveniently located next door, adding to the appeal for visitors. Thoughtfully maintained and extensively updated, the property features a new well, metal roofs, updated water lines, sewer and electrical upgrades, commercial-grade drain tile and sump pump system, reinforced berm, and redesigned gutters with additional downspouts, providing peace of mind for years to come. A rare opportunity to own a well-established Northern Michigan hospitality business with timeless charm, modern improvements, and exceptional growth potential.
Location
State MI
Interior
Heating Baseboard, Wall Furnace, Propane
Exterior
Waterfront Description Private
Roof Type Metal
Garage false
Building
Foundation Slab
Sewer Private Sewer
Water Private
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456