Improved Land for Sale in Gulliver, Michigan

1520 Us2 Gulliver, MI 49840

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Street
1 / 47
$895,000
24 acres
Active sale agoEst $5,443/mo

Located in the heart of Michigan's Upper Peninsula, this turn key investment opportunity offers multiple streams of income with endless potential for further growth. Completely renovated in 2022, the property features 19 clean and comfortable hotel rooms (each equipped with brand new beds), along with an attached home for the owner to reside in or rent out. In addition, you'll find a beautifully updated restaurant with Liquor license (currently in escrow). The restaurant was most recently operated as "Bread & Bacon", serving up delicious breakfast and lunch items in a comfortable, bright, and friendly space. The property benefits from its location on the high traffic US Highway 2, of which you'll be about 1.5 hours East to the Mackinac Bridge, or 2 hours West to Wisconsin. Both the hotel and restaurant are well regarded both locals and tourists alike, and a potential buyer would be walking into a business that is proven, successful, and trusted. In addition to the existing businesses on site, there is potential to add RV/Camper sites to the property as well (quoted to cost $70,000). This unique opportunity could be just the entrepreneurial venture you have been waiting for. Live on site and watch your thriving business flourish, all while benefiting from the safety and comfort of the beautiful Upper Peninsula.

8,399
Sq feet
1962
Built

Location

Street Address
1520 Us2
Community
Mueller TWP (77010)
Elevation
715 feet
Coordinates
46.0851, -85.9561

Property details

Zoning
Commercial
MLS Number
UPAR 50158358
Date Posted

Parcels

  • 006-232-018-00

This 24-acre property is located at 1520 Us2 in Gulliver, MI 49840 with latitude 46.0851 and longitude -85.9561. The property is currently available for sale for $895,000. It has a 8,399 sq ft structure built in 1962. Listing data is sourced from Upper Peninsula Association of Realtors # 50158358.

Verify sale details at the property source or contact Grover Real Estate at (906) 341-2131.

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Copyright (C) 2024 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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