1470 Lead St E, Bessemer MI 49911 $209,900

1470 Lead St E, Bessemer 0 Acres $209,900 Active w/Contract

  • CommercialProperty
  • Status: Active w/Contract
  • Est. Square Footage: 4,265
  • Attached Garage: No
  • Est. Year Built: 1953
  • Est. Acreage: 1.14
  • County: Gogebic
  • Property Tax Year: 0
  • Postal Municipality: Bessemer
  • MLS#: 184654
  • Listing Company: Coldwell Banker Mulleady - Mw
  • Price/SqFt: $49

1470 Lead St E, Bessemer, MI 49911 - A superb opportunity to be your own boss & live in the beautiful Upper Peninsula! Situated on US-2, the profitable Travelers Motel is renowned for its cleanliness, convenience & reasonable prices. Careful maintenance is evident throughout the property inside & out. There are 12 lodging rooms including 10 double bed units & 2 single bed units, 2br/1ba house that is ideal for living qrts or can be rented, plus an attached 1BR/1BA eff apartment w/separate entrance for more living space or rental income. Both the home & apartment have a full poured basement which includes commercial washers/dryers as well as additional living & storage space. Outside, there's a one-car detached garage for more storage. Beautiful landscaping, attractive appearance, stellar reputation & great numbers-if you're looking for a business opportunity Up North that is completely turnkey and ready at a reasonable price, you owe it to yourself to check this one out. Everything needed to get started. Won't last long!

Additional Features
  • Heating/Cooling: Baseboard, Electric, HotWater, NaturalGas
  • Flooring: Carpet, Mixed
  • Roof: Shingle
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
184654 Active w/Contract Active Jul 10 2020 4:17PM 124
184654 Active May 26 2020 12:18PM $209,900 124

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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