For Sale
$2,350,000

27644 C-Drive Albion, MI 49224

62-Room Hotel, 72,118 sq ft, Michigan

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 62-key hotel presents a lucrative investment opportunity in Albion, Michigan. Boasting 72,118 square feet on a substantial 6.44-acre lot, this established property offers significant potential for growth. Built in 1967 and situated in a commercially zoned area (Sheridan Township), the two-story building features a range of amenities designed to enhance guest experience. These include a fitness center, a heated indoor pool, complimentary Wi-Fi, ample free parking (150 spaces), and a sizable 1000 square foot meeting space, perfect for conferences or events. Further enhancing the property's appeal is a fully equipped kitchen and a welcoming lobby/reception area. Each of the 62 guest rooms is equipped with a private bathroom, television, refrigerator, microwave, and efficient through-the-wall heating and cooling units. The hotel benefits from excellent visibility due to its strategic location and prominent signage along I-94. The surrounding area offers a strong draw, with Albion College, Spring Arbor University, and the historic downtown Marshall providing a steady stream of potential guests. The asking price for this turnkey operation is $2,350,000. This represents a compelling opportunity to acquire a well-established hotel with significant upside potential in a thriving market.

Highlights

  • $2,350,000 asking price for a 62-key hotel.
  • 72,118 square foot hospitality property.
  • Located on a 6.44-acre lot in Albion, MI (Calhoun County).
  • Built in 1967, two-story building with Commercial (Sheridan Township) zoning.
  • Features include a fitness center, indoor pool, meeting space, and ample parking.

Property Details for 27644 C-Drive

Property type
Hospitality properties, Hotels
Square Feet
72,118 SF
Year Built
1967
Stories
2
Lot Size (sq. ft)
280,526 SF

Location Insight

City
Albion
County
Calhoun
State
Michigan
Latitude
42.2651948
Longitude
-84.7614766

FAQs

What type of property is this?
Hospitality property - 62-Room Hotel, 72,118 sq ft, Michigan
Where is the hospitality property located?
The property is located at 27644 C-Drive Albion, MI.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: $2,350,000 asking price for a 62-key hotel.; 72,118 square foot hospitality property.; Located on a 6.44-acre lot in Albion, MI (Calhoun County).
How can I contact the broker?
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27644 C-Drive
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