Route 52 Inn

13090 Grosshans Road, Stockbridge, MI

$450,000

Price

14.5%

Cap Rate

8,640 sqft

Building Size

Overview
Cap Rate
14.5%
Building Size
8,640 sqft
Lot Area
3 acres
Units
11
Occupancy
100%
Year Built
1940
Zoning
C2
Floors
2
Parking Spots
25
Description

The Route 52 Inn is a great opportunity for anyone looking to own their own business. The motel has 10 rooms with two beds each and efficiency kitchens. There is an additional two-bedroom apartment upstairs allowing for an owner user to live on premises. The full basement has the potential to add 8 more rooms, making it a value-add investment.  The motel is well-maintained and booked through the fall with a waiting list. Current owner rents the apartment on an annual lease and the extended stay rooms by the season. With its great location just north of Jackson and potential for expansion, the Route 52 Inn is a great investment.




Close to Jackson

Strong Job Base

Value-Add Opportunity

Close to Outdoor Recreation

Documents

Location
Gallery