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13990 E Chicago Road

Somerset Twp, MI 49233
  • $650,000
  • STATUS: Contingent - Continue To Show
  • ON SITE: 20 Days
  • MLS #: 55024007082
Under Contract
UPDATED: 24 min ago
$650,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,895
    SQFT
  • $343
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:
Lot Size Dimensions:
400x762

School Ratings & Info

School District:

Description

Located in the heart of the lake country, Somerset Motel continues to be a staple in the community for over 37 years serving everyday travelers, Michigan Speedway guests, Faster Horses fans, golf outing group, wedding parties, and family reunions. Offered for sale is the 1900 sq. ft. home with 14 rental units and a community room, all on five acres. The sprawling ranch home features a business office, 3 bedrooms, 3 bathrooms, living room, kitchen, dining room, walk-up attic, and full walkout basement with commercial laundry. The home offers garage space for 3 vehicles. The N units and community room (bonus income) total 2130 sq. ft. and the W units total 2450 sq. ft. All units on the property are furnished and have refrigerator, microwave, heat, A/C, cable TV, ...(more remarks)......(more remarks)... Wi-Fi, and phones. On 5 acres, huge yards offer firepit and room tents, pavilion, and outdoor games. Opportunity exists to be an onsite owner or make the home 1 or 2 additional units. Do not trespass, disturb owners, or disturb tenants. Cash, Commercial Loans, 1031 Exchanges. 15% CAP RATE. No Land Contract sales. Qualified Purchasers should contact a Commercial Realtor with your questions or schedule a private tour.

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IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-03T22:57:07.68.
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13990 E Chicago Road Somerset Twp, MI 49233

  • Price: $650,000
  • Status: Contingent - Continue To Show
  • On Site: 20 Days
  • Updated: 24 min ago
  • MLS #: 55024007082
0
Beds
0
Baths
0
½ Baths
5
Acres
1,895
SQFT
$343
$/SQFT
1950
Built
Neighborhood:
Somerset Twp
County:
Hillsdale
Area:
Somerset Twp
School District:
ADDISON
Property Description
Located in the heart of the lake country, Somerset Motel continues to be a staple in the community for over 37 years serving everyday travelers, Michigan Speedway guests, Faster Horses fans, golf outing group, wedding parties, and family reunions. Offered for sale is the 1900 sq. ft. home with 14 rental units and a community room, all on five acres. The sprawling ranch home features a business office, 3 bedrooms, 3 bathrooms, living room, kitchen, dining room, walk-up attic, and full walkout basement with commercial laundry. The home offers garage space for 3 vehicles. The N units and community room (bonus income) total 2130 sq. ft. and the W units total 2450 sq. ft. All units on the property are furnished and have refrigerator, microwave, heat, A/C, cable TV, ...(more remarks)......(more remarks)... Wi-Fi, and phones. On 5 acres, huge yards offer firepit and room tents, pavilion, and outdoor games. Opportunity exists to be an onsite owner or make the home 1 or 2 additional units. Do not trespass, disturb owners, or disturb tenants. Cash, Commercial Loans, 1031 Exchanges. 15% CAP RATE. No Land Contract sales. Qualified Purchasers should contact a Commercial Realtor with your questions or schedule a private tour.
Exterior Features

Construction Materials AluminumFrameWood Foundation Details SlabBasement Foundation Materials Poured Lot Size Dimensions 400x762 Road Frontage Feet 400 Road Frontage Type Paved Roof Material CompositionOther Waterfront YN No

Interior Features

Heating Cooling BaseboardForced AirCentral Air Heating Fuel Natural Gas Room Count 0

Property Features

Accessibility Features Interior Disabled Facilities Commercial Type Business And Real Estate Current Use Commercial Inventory Included YN Yes Land Contract YN No Listing Financing CashConventionalTrade/Exchange Ownership Status Private Owned Postal City Cement City Settlement Township Sewer Septic Tank (Existing) Short Sale No Tax Amount Summer 2505.0000 Title Standard (Private) Total Tax 2505.0000 Unparsed Address 13990 E Chicago Road Water Source Other

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via BNR Real Estate Group: (517) 435-1500 and Jackson Area AOR MLS, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-03T22:57:07.68.
 
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