620 N Lincoln Road Escanaba, MI $ 1,695,000
620 N Lincoln Road
$ 1,695,000
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620 N Lincoln Road

Escanaba, MI, 49829
$ 1,695,000
Baths0.0 Sq 14,790

Monthly Estimate*

$ 11,840

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Studio

Commercial Property for sale in Escanaba, MI

for $1,695,000. This 14,790 square foot building was built in 2001 on a lot size of 0.73.

Uncover an exciting business prospect with this Boutique Hotel nestled in a prime Escanaba location. Family-owned and boasting 15,000 square feet of floor space, priced at an unbeatable $113.00 per square foot—far below current market construction costs—this property presents a golden opportunity. Featuring 33 rooms, each upgraded with new air conditioning units, some new carpeting, refrigerators, and microwaves, this hotel caters to diverse needs. With 8 Queen Singles, 4 King Singles, 3 King Suites, 17 Queen Doubles, and 1 Apartment, it's equipped for various clientele. Beyond its current charm, envision the potential to transform this property into an Airbnb, tapping into the influx of travelers exploring our picturesque area. The added bonus of an apartment or living quarters on-site provides the flexibility to be your own boss or generate extra income through rentals. Seize the moment to own a piece of this flourishing hospitality venture. Contact us now to schedule a viewing and explore the endless possibilities this Boutique Hotel offers.

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Commercial Active

Price

$ 1,695,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 20,310

Style

Business

Lot Size

0.73

Year Built

2001

Town/City

Escanaba

County/Region

Delta

MLS | Web ID

50119928

Features
General
Heating Forced Air
Cooling Central A/C
Roof Asphalt
Water Public Water
Status Active Active
Year Built 2001
Parking 21+ Spaces
Water Heater Electric
County Delta
Class COM/IND/BUS OPP
Type Business
Percent Ownership Private
Municipality Escanaba
Zoning Commercial
Subdivision MI
Commercial Features 2 Phase Power ADA Accessible Alley Bath Cable Internet Installed Cable TV Available Cafe/Kitchen Carpet Fixtures Furniture Handicap Elevator Hoists Living Quarters Living Quarters Attached
Area Escanaba (21010)
Primary City Escanaba
Location Main Street
Directions City of Escanaba
City Escanaba
Street Name Lincoln
Financial Terms Cash Commercial Loan Conventional
Legal Description COMM 73 FT NORTH OF SE COR OF LOT 11 OF BLK 4 OF THE COCHRANE ADDITION TH N0°13'E 207 FT TH N89°47'W 154.33 FT TO ELY R/W HWY TH SWLY 156.61 FT TH S70°57'E 30 FT TH N19°03'E 10 FT TH S70°57'E 180
DOM 259
Postal Code 49829
Price Per Sq Ft 114.6
Coming Soon Uncover an exciting business prospect with this Boutique Hotel nestled in a prime Escanaba location. Family-owned and boasting 15 000 square feet of floor space
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Exterior
Exterior Vinyl Siding
Frontage 156
Body of Water none
Lot Size Area 0.73
Lot Dimensions 156x30x10x180x207x154
Lot Description Downtown Dev Authority
Water Features None
Roads City/County Paved Street U.S. Highway Year Round
Waterfront Y/N No
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Interior
Ceiling Height 16-20 Feet
Fuel Type Natural Gas
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* Excluded Features
List By
TAMMY GARLING

Listing Agent

Key Realty Delta County Llc

Broker

tammy@keyrealtyup.com

Email

Affordability Calculator

$13,533
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,840
Monthly Property Taxes
$1,693
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2023$1,695,000 Listed Price

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620 N Lincoln Road, Escanaba, MI, 49829 is a Commercial Property for sale at $1,695,000 with 14,790 sqft and a lot size of 0.73. 620 N Lincoln Road is a studio with 0.0 baths and was built in 2001. The property's zip code is 49829 which is in Escanaba, MI