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$ 450,000
Est. payment /mo
Active
W16431 US-2 HWY Newton, MI 49838
7,333 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 7,333 sqft
Price per Sqft $61
MLS Listing ID 61050215630
Lot Size 2.970 Acres
Acres 2.97
Property Sub-Type BusinessandRealEstate
Property Description
Welcome to Bates Corner, one of Michigan's Upper Peninsula's most unique hospitality and entertainment destinations. This fully operational, income-producing commercial property offers four established revenue streams from day one: a popular restaurant and lounge, an updated 8-room motel, a 1,000-person outdoor concert venue, and year-round special events-all supported by a valuable Michigan liquor license allowing on-premise service, Sunday sales, and carry-out alcohol purchases. Land Contract available with approved terms Already attracting nationally recognized acts, including Buckcherry and other touring artists, the concert venue provides exceptional growth potential while the restaurant, lounge, and motel generate year-round business. Recent improvements include renovated restaurant and bar areas, beautifully updated motel bathrooms, durable steel roofs, a $35,000 commercial pizza oven, screened outdoor dining, dedicated pool room, and a large wood-fired heating system capable of heating the entire facility. Whether you're an owner/operator seeking a lifestyle business or an investor looking for multiple established income streams, Bates Corner offers an opportunity unlike anything else currently available in Michigan's Upper Peninsula.
Location
State MI
County Mackinac
Area Area49051Newtontwp
Interior
Heating Baseboard, Propane, Radiant, Wood, Zoned
Cooling Ceiling Fans, Exhaust Fan
Fireplace No
Exterior
Exterior Feature OutdoorKitchen
Parking Features Other
View Y/N No
Roof Type Metal
Building
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Engadine
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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Listed by Monique Gilbert of Keller Williams Preferred
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