1100 E Bay Street

East Tawas,MI 48730-1005

$ 579000

- Bed

- Bath

5952 SqFt


Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Contingency

Purchase Type For Sale

Square Footage 5,952 sqft

Price per Sqft $97

Subdivision Mi

MLS Listing ID 1930636

Year Built 1977

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 132X152

Property Sub-Type Hospitality

Property Description

Turn key business opportunity situated in the heart of East Tawas! Bambi Motel offers 13 recently renovated motel style rooms whose cleanliness and retro style have been impressing guests for decades. Prime location in the commercial waterfront district near all the action that the Tawases are famous for, including festivals, craft shows, public sandy beaches, downtown shopping, restaurants and more! Each unit has been custom crafted with its own fresh and unique style. Updates include all new flooring, new mattresses, new complete bedding sets, new coffee makers, microwaves, refrigerators and tv's, new Smart Boiler system in the main motel, new toilets, new grills, new bikes for guest use and more. The WiFi network, security system, company website and booking software are up to date as well! Many upcoming weekends are already reserved with tons of opportunity for additional revenue by staying open year round! This package also includes a vacant 2 bedroom 2 bath owners home with a basement. It is attached to the office space and storage garage. AND an additional two bedroom home that is currently leased to a long term tenant. It also offers a one car garage. Guests love having private access to Tawas Bay down a path to the waters edge. Sale includes an aluminum, roll-in dock that could be permitted to allow boats to moor there. There is endless potential to enhance what has consistently brought the same families and groups year after year. Experienced property manager would consider continuing assisting next owner for ease of transfer. Your slice of paradise awaits!

Location

State MI

County Iosco

Zoning Commercial

Body of Water Lake Huron

Rooms

Basement Crawl Space,Slab

Interior

Heating Hot Water

Cooling Hot Water

Exterior

Exterior Feature Vinyl,Aluminum

Roof Type Asphalt

Present Use Recreational/Resort

Road Frontage Public Maintained,Blacktop

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 121-O20-000-008-00/021-10

Ownership Private Owner

Acceptable Financing Conventional Mortgage,Cash

Listing Terms Conventional Mortgage,Cash

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