9311 S Old 27 $450,000

    Close

    9311 S Old 27 Gaylord, MI 49735

    • Commercial
    MLS# 316825 | Active

    $450,000

    Request Info
    Days On Market: 188 7 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    18 room resort/ hotel. 11 lower units & 7 upper level units. Directly across from the new Iron Belle trail/snowmobile #7. Good visibility, located in the golf Mecca of Northern Michigan. Great business opportunity w/multiple income streams. . Perfect location for your next meeting or reunion. Nice lounge/reception area w/fireplace. Covered loading/unloading area for guests. Living quarters for onsite manager. Kitchen dinning area. Coin operated laundry added in 2019. Approximately 2 acres of land with swings, eating areas, fire pits, horse shoe, & more. Large pole building with 3 stalls for equipment and tools. 30x40 pole building currently leased. New paint throughout all rooms & bedding improvements done over the past year. 4 Fawn Lake lots also available for purchase to the east.

    • General Features
      • Type Commercial/Industrial
      • Business Information Business Opportunity,Income Property
      • Extras Furnished, Gas/Log Fireplace, High Visibility, Highway Access, Kitchen Area, Laundry, Living Quarters, Manager On-Site, Restroom (s), Storage
      • Subdivision HEART LAKE SUB
      • County Otsego
    • BuildingFeatures
      • Construction Frame
      • Total Units 18
      • Basement Crawl Space
      • Heating/Air Conditioning Baseboard,Hot Water
    • Property Features
      • Lot Size 1.73 acres
      • Parking Common
      • Road Paved
      • Driveway Gravel
      • Electric Master
      • Sewer Septic
      • Water Well
      • Gas Master

    Contact

    The TEAM

    Serving Northern Michigan

    Gaylord, Michigan

    Business: 989-732-9555

    Neighborhood

    49735 (Gaylord) Demographics

    43Median Age
    78Population Density (per sq. mile)
    32%College Educated
    $52,312 Estimated Median Income
    6,255Estimated Total Home Owners
    1,560Estimated Total Renters
    80% / 20%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    19,577Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $152,000 Median Sales Price
    27 Homes Sold
    63 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $450,000
        11/16/2018 9:56:00 AM New in Database Source

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX 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. Water Wonderland MLS, Inc © All rights reserved.