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797 N State St
Saint Ignace, MI 49781

Best Western Harbour Pointe Lakefront · Hospitality Property For Sale · 150 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 11.33 AC
Building Size 87,903 SF
No. Rooms 150
Number of Floors 2
Year Built/Renovated 2004/2019
Parking Ratio 1.81/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • Business Centre
  • Fitness Centre
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free
  • Hot Tub
  • Multi-Room Suites

About 797 N State St , Saint Ignace, MI 49781

Fee-simple interest in the 150-room Best Western Harbour Pointe Lakefront Hotel in St. Ignace, MI Located on the shores of Lake Huron with stunning views to world-famous Mackinac Island Unencumbered by existing management with various value enhancement opportunities Excellent beach frontage with a long history of value appreciation for this asset Operated seasonally with potential for a strong marketing-based operator to expand the season and increase revenue and NOI Recent CapEx plan of $1.5M invested should allow property to generate higher revenues in the immediate future Best Western International member, subject to a renewable membership agreement Hotel qualifies for USDA Rural Development Business and Industry (B&I) loan guarantee program Contact listing broker for information on additional financing options

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 £340.00 -
Guest Room 147 £222.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49052-140-049-00
  • 49052-140-061-00
  • 49052-140-060-00
  • 49052-107-001-00
  • 49052-540-006-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,407,778

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 18127593

  • Date on Market: 08/01/2020

  • Last Updated:

  • Address: 797 N State St, Saint Ignace, MI 49781

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