1470 Lead St E, Bessemer, MI 49911 Sold for $185,000 on 02/26/2021

1470 Lead St E, Bessemer 0 Acres $185,000 Sold

  • Property Type: HotelMotel
  • Status: Sold
  • Est. Square Footage: 4,265
  • Attached Garage: No
  • Est. Year Built: 1953
  • County: Gogebic
  • Postal Municipality: Bessemer
  • Township: Bessemer City
  • MLS#: 184654
  • Listing Company: Shorewest - Manitowish Waters
  • Price/SqFt: $49
  • Zip Code: 49911

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: Composition, Shingle
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
184654 Sold Active w/Contract Feb 26 2021 12:00AM $185,000 277
184654 Sold Active w/Contract Feb 26 2021 12:00AM $185,000 277
184654 Active w/Contract Active Jul 10 2020 4:17PM 277
184654 Active May 26 2020 12:18PM $209,900 277

Estimated Monthly Payment

$3,287 per month
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Andy Harris

Andy Harris

Listing Agent • 715.904.1065

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