1010 M-28Marquette, MI 49855

  • Commercial real estate
  • 21,696 SF
For Sale
$2,225,000 View listing

Property Details for 1010 M-28

Lot size
2.01 AC
Property size (Sq ft)
21,696 SF
Property type
Commercial real estate

Description

This exceptional investment opportunity presents the America's Best Value Inn, a thriving 45-unit motel in Marquette, Michigan. Boasting 21,696 square feet across four buildings on a 2.01-acre lot, this property offers significant income potential. The inn underwent renovations in 2023 and 2024, ensuring modern amenities and guest comfort. The property features a mix of 40 motel rooms and five long-term rental units, plus on-site living quarters and a manager's suite. Its prime location on M-28 offers easy access to downtown Marquette, the North Country Trail, Chocolay River launches, and Ojibwa Casino. Nearby amenities include a health club, dining, banking, and shopping. The inn benefits from its proximity to Sawyer International Airport (20 miles) and caters to a diverse clientele drawn to Marquette's year-round outdoor recreational opportunities. The property is zoned commercial and offers potential for expansion. A recent appraisal is available. This fee-simple ownership presents a rare chance to acquire a well-established and updated motel in a desirable location. The property's strong performance and strategic location make it an attractive investment for discerning buyers. The buildings are two stories, built in various ages during the 1980s.

Location Insight

City
Marquette
County
Marquette
State
Michigan
Latitude
46.4866
Longitude
-87.3481

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