6100 M-68 Indian River, MI 49749

This exceptional 2-story, 9,177 square foot hotel presents a lucrative investment opportunity in Indian River, Michigan. The Waterway Inn boasts 24 bedrooms and 17 bathrooms, offering comfortable accommodations for guests. Recently renovated with a $252,000 investment, this profitable four-season business includes all furnishings, equipment, and a productive laundry service. The property also features a 3-bedroom owner's living quarters, adding to its appeal. Situated on approximately 2 acres of land, the hotel enjoys a prime location—just 300 feet from I-75, providing easy access to major transportation routes. Its proximity to downtown Indian River, two boat launches, Burt Lake State Park, and the Cross in the Woods ensures high demand throughout the year. The property's location also adjoins snowmobile trails, catering to winter recreation enthusiasts. Furthermore, the ample land offers potential for future expansion. The asking price is $750,000 ($81.73 per square foot), and the sale includes real estate, furnishings, equipment, and the established business. The seller is open to negotiations and exploring asset allocation strategies to maximize tax benefits. This is a rare chance to acquire a thriving hospitality business in a desirable Michigan location. The property is zoned commercial.