For Sale
$1,100,000

9810 Lansing Rd Durand, MI 48429

Profitable Motel w/ Onsite Residence

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional owner-user opportunity presents the Sunset Motel, a charming 11-key establishment nestled on a 1.6-acre lot in Durand, Michigan. Built in 1960 and renovated in 2008, this property boasts 6,000 square feet across two buildings, offering a unique blend of business and residential living. The motel features 11 well-appointed rooms, each equipped with modern amenities including Wi-Fi, cable TV, mini-refrigerator, and microwave. Generating a Net Operating Income (NOI) of $50,000, the property is priced at $1,100,000 ($183.33/sq ft and $100,000/bed). The property includes a spacious apartment, ideal for an on-site manager or owner, and a separate single-family home, adding to the overall value and potential income streams. Conveniently located near the town center, the motel benefits from easy access to local shops, restaurants, and attractions. The permitted A2 zoning ensures flexibility for future development or expansion. This turnkey operation offers a rare chance to acquire a profitable business with significant residential components in a desirable rural setting. The property's strong financial performance, combined with its versatile layout and prime location, makes it an attractive investment for both seasoned entrepreneurs and first-time business owners. The property's APN is 01259054000.

Highlights

  • 11-key Sunset Motel on 1.6-acre lot in Durand, MI.
  • 6,000 sq ft across two buildings, renovated in 2008.
  • $50,000 NOI, priced at $1,100,000 ($183.33/sq ft, $100,000/bed).
  • Includes on-site manager's apartment and separate single-family home.
  • A2 zoning allows for future development.
  • APN: 01259054000.

Property Details for 9810 Lansing Rd

Property type
Hospitality properties, Motels
Square Feet
6,000 SF
Year Built/Renovated
1960/2008
Buildings
2
Stories
1
Lot Size (sq. ft)
69,696 SF

Location Insight

City
Durand
County
Shiawassee
State
Michigan
Latitude
42.925563614042
Longitude
-83.970162137948
9810 Lansing Rd, Durand, Michigan

FAQs

What type of property is this?
Hospitality property - Profitable Motel w/ Onsite Residence
Where is the hospitality property located?
The property is located at 9810 Lansing Rd Durand, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 11-key Sunset Motel on 1.6-acre lot in Durand, MI.; 6,000 sq ft across two buildings, renovated in 2008.; $50,000 NOI, priced at $1,100,000 ($183.33/sq ft, $100,000/bed).
How can I contact the broker?
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9810 Lansing Rd
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