13467 M-28Newberry, MI 49868

Property Details for 13467 M-28

Year built

1960

Property size (Sq ft)

5,324 SF

Property type

Hospitality properties

Property subtype

Motels

Description

This exceptional 16-unit motel, the Knollwood Inn, presents a compelling redevelopment opportunity in Newberry, Michigan. Situated on a high-traffic location at 13467 M-28, this well-maintained property boasts 5,324 square feet across three single-story buildings, built in 1960. The property includes 16 keys, each with updated features including fresh paint and many with refurbished bathrooms. A large, centrally located dining room and commercial-grade kitchen are ideal for catering to guests. On-site amenities include a laundry area and linen storage. The welcoming reception area features a dedicated space for a continental breakfast service. Adding to the appeal, a separate three-bedroom, two-bathroom home is conveniently located nearby, along with a heated garage for equipment and vehicles. The property is zoned commercial and offers potential for alternative uses, such as long-term rentals or senior living. The Knollwood Inn enjoys excellent guest reviews and benefits from easy access to popular snowmobile and ATV/ORV trails, ensuring consistent bookings. The asking price is $439,900, and the property is being sold turnkey, complete with all furniture, fixtures, and equipment. This is a rare chance to acquire a thriving business with significant upside potential. The property is privately owned.

Location Insight

City

Newberry

County

Luce

State

Michigan

Latitude

46.3029

Longitude

-85.4981

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