128 Pine StCadillac, MI 49601

This exceptional 3,734 sq ft Craftsman-style hotel, built in 1905 and extensively renovated in 2023, presents a unique investment opportunity. Located just one block from downtown Cadillac and two blocks from Lake Cadillac, this property boasts two buildings, three stories, and five bedrooms. The exterior features a heated saltwater pool, a large hot tub, extensive patio areas, lush landscaping with an irrigation system, LED-lit palm trees, and natural gas tiki torches. Inside, the meticulously renovated interior retains original details like stained glass windows and vintage tiles, while incorporating modern amenities. A gourmet kitchen with a commercial stove and hood, a formal living room with a granite fireplace, and custom bathrooms on each floor offer luxurious comfort. Three additional bedrooms are located on the second floor, along with a paneled library and private balcony overlooking downtown and the lake. The lower level includes a three-car heated and finished garage, a mudroom with two washers and two dryers, and a hidden speakeasy, theater, and game room. The property sits on a 0.23-acre lot with five parking spaces and is zoned for mixed use. This turnkey operation is offered at $749,900 ($200.83/sq ft) and presents a rare blend of historical charm and modern luxury in a prime location. The property's unique features and prime location make it ideal for a variety of uses, including a high-end Airbnb or boutique hotel.