$700,000 for Sale
4998 n main street, long lake, MI 48743
| Beds 11 | Baths 8 | 3,516 Sqft | 0.68 Acres |
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Property Description
The Long Lake Lodge is a completely renovated turn key business. The business has the potential to make upwards of $225,000 per year. This entire business was just built out and is fully staffed. The building itself was just fully renovated, staged and furnished. This was all done by a team that has a track record of turning mom and pop hotels into thriving hotel businesses. The Long Lake Lodge features over 125ft of pristine lakefront on the highly sought after Long Lake. It has a 90ft private sandy beach with fire pits, BBQ grills, a wrap around deck, a brand new large parking lot, two private docs, 5 kayaks for guests to use, and is partnered with a pontoon boat rental company. The pontoon Rental Company, Long Lake Pontoon Rentals is also for sale, separately. The Long Lake Lodge is composed of 7 units, a laundry facility, storage/supply room, and a new large shed. Rooms 1-3 (lake side) are lake view rooms with 2 bedrooms, a living room, kitchenette, and bathroom. Room 4 (lake side) is a lake view room w/1 bedroom, 1 bathroom, living room and kitchenette. Rooms 5 (street side) is a 1 bedroom, 1 bathroom w/living room & kitchenette. Room 6 (street side) is a studio w/2 Queen beds, a bathroom and kitchenette. Room 7 (street side) is 2 bedroom w/kitchenette & bathroom. All 7 units can be rented out for over $2000/night in income to family reunions, corporate retreats, wellness/church retreats, and team bonding events. Use this property to host your entire family and rent it out to pay your bills! Renting it out is hassle free as the turnkey business has already been built out for you! The property is listed on AirBnB, VRBO, Expedia, Booking, etc has a fully built out PMS, website, automated door lock system and is fully operated by on-site staff.
General Information
Sale Price: $700,000
Price/SqFt: $199
Status: Active
MLS#: 20240063910
City: plainfield twp
Post Office: long lake
Schools: hale
County: Iosco
Subdivision: suprvr's plat of long lake village
Acres: 0.68
Lot Dimensions: 120 x 18.8
Bedrooms:11
Bathrooms:8 (8 full, 0 half)
House Size: 3,516 sq.ft.
Acreage: 0.68 est.
Year Built: 1975
Property Type: Single Family
Style: Ranch
Features & Room Sizes
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Paved Road: Paved
Garage: No Garage
Construction: Wood
Exterior: Wood
Basement: No
Foundation : Crawl
Heating: Baseboard
Fuel: Electric
Waste: Septic Tank (Existing)
Watersource: Well (Existing)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,973
Est. Winter Taxes: $643
Legal Description: SUPERVISORS PLAT OF LONG LAKE VILLAGE LOTS 1 & 2 BLK 2
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Auston Cook of Cook & Associates, Phone: (734) 216-1933
