Improved Commercial Land for Sale in Cement City, Michigan
13990 E Chicago Rd Cement City, MI 49233
Discover Motel Somerset on bustling US12, set on 5 acres. This property features 3 buildings with 14 motel rooms and a versatile apartment for a 15th room or Air BnB. Recent renovations and a new business model boosted average daily rates by 20% in May and 34% in June. The ranch home offers 2 beds, 1 bath, and an attached garage- perfect for a long term tenant/ STR or an owner-operator. Located a stone's throw from Lake Somerset, three other lakes within 2 miles (as well as the other 52 Lakes in the Irish Hills area), hotspot for visitors attending events at the Michigan International Speedway, Faster Horses Festival, various wedding and event venues, wineries, a charming cider mill, local parks, and renowned hunting spots. Ideal for investors seeking growth in a prime recreational area. This property is managed using 'Stayntouch' software (PMS) that allows for operation from anywhere. New 'Dormakaba' locks for all units have network connection to allow for automated check in
Directions
US12 between S. Jackson Rd & US127
Property details
- County
- Hillsdale County
- Community
- Somerset TWP
- Elevation
- 1,070 feet
- MLS Number
- JMLS 24030565
- Date Posted
Parcels
- 04-011-400-003-11-5-1
Property taxes
- 2023
- $2,505
Detailed attributes
Listing
- Type
- Commercial
Structure
- Materials
- Aluminum Siding
- Roof
- Composition Shingle
- Cooling
- Wall Unit(s) A/C
- Heating
- Electric, Forced Air, Heat Pump, Natural Gas
Exterior
- Parking Spots
- 40
Property utilities
Category | Type | Status | Description |
---|---|---|---|
Gas | Natural Gas | Connected | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
June 16, 2024 | New listing | $850,000 | — | JMLS |