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414 Waukazoo
Petoskey, MI 49770

Commercial Sale (Other)

N/A Acres
2310 Sqft Living Area

4 Bedrooms

4 Bathrooms (4 Full, 0 Half)

Year Built: N/A

$1,100,000

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Property Description

Start earning on your investment immediately! Rare turn-key opportunity in Downtown Petoskey. The only licensed motel in the Central Business District, Little Bay Cottage is a century-old farmhouse renovated and converted into four one-bedroom flats. Very established self-service boutique motel with over 900 bookings since opening in July, 2021. With a 5-star rating and numerous repeat guests, the reviews are clear: the location can’t be beat! Each unit offers full apartment amenities including private entrances, separate kitchens and cozy living spaces. Full basement with separate access offers great storage. See the long list of recent upgrades. This unique property is offered with all furnishings, supplies, fully-functioning booking website and complete AirBnB account including Superhost status and all future bookings, as well as Seller cooperation to transition the busy operations to new owners. www.littlebaycottage.com for more photos of each flat and information about inclusions.

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Contact Details

Name: Drew Bartlett

Email: drew@grahamre.com

MLS Listing Id: 472935

Agent Phone: (231) 526-6251

List Agent License:

Office Name: Graham Real Estate

Office Phone: (231) 526-6251

Office MLS Id: 3

Listing Status: Active

Listing URL: https://listings.listhub.net/pages/NMIMLS/472935/?channel=openhousinc

Copyright © 2024 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.