230 Munson Avenue, Traverse City, MI 49686 (MLS# 22039341)

230 Munson Avenue, Traverse City, MI 49686

$2,300,000
Property Type: Commercial Sale Square Footage: 1,400 Lot Size (sq. ft.): 31,233 Status: Sold
Current Price: $2,300,000 List Date: 9/12/2022 Last Modified: 6/01/2023

Overview

Description

If you're looking to own a family-friendly motel in Traverse City, look no further than Sierra Motel. 20 room motel, all rooms updated in 2019. Two car garage, Irrigation system, immaculate landscaping, roof and parking lots redone on 2019. This motel also comes with a 3 bdroom, 2 bath living quarters, AND an additional apartment attached to living quarters, all of this updated in 2019! Conveniently located, 10 min drive from downtown Come take a look for yourself

Listing Details MLS# 22039341

Location Property Info

County
Grand Traverse County
Street #
230
Street Name
Munson
Suffix
Avenue
State
MI
Zip Code
49686
Zip (4)
3039

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.72
Lot Square Footage
31233
Lot Dimensions
258, 215, 120,165
Year Built
1957
Road Frontage
190
Mineral Rights
No
Total # Units
21
# Fin Bldg Lvls
9424
Total # Bldgs
2
Total SqFt
1400
Property Use Type
Business
Full Baths
26
Waterfront
No
School District
Traverse City

Tax Info

Tax ID #
51-582-091-00
Taxable Value
448802
SEV
596700
For Tax Year
2021
Seller's Annual Property Tax
23994
Tax Year
2021
Homestead %
100
Non-Conforming Use
No

Remarks Misc

Directions
I-196 E, US -131 N via EXIT 77A toward Cadillac. M 113/M-113, Turn right onto Clark Rd.Turn right onto Garfield Rd/County Hwy-611., Turn right onto 3 Mile Rd., Turn left onto N US Highway 31 N/US-31 S/M-72. Continue to follow US-31 S/M-72.

Status Change Info

Under Contract Date
2023-02-23
Sold Date
2023-05-31
Sold Price/SqFt
1642.86

More Information

Additional Details

Total Parking Spaces
24

Waterfront Options

Water Access Y/N
No

Business Opportunity

Business Description
Hotel/Motel
Business Name
Sierra Motel

Property Features

Uses: Retail Ownership: LLC Business Includes: Furniture; Inventory Construction Type: Concrete; Frame/Wood Exterior Material: Brick; Stone; Vinyl Siding Roofing: Composition Below Grade: Basement; Full Additional Features: Outdoor Storage Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air; Wall Unit(s) Driveway: Concrete Street Type: Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Survey; Other Sale Conditions: None Possession: Close Plus 6 to 29 Days

Documents

IDX
Listing Office: BlueWest Properties, LLC
Listing Agent: Lori Perez
Source MLS Verified
Last Updated: June - 01 - 2023
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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