
Description
Great investment opportunity!! Spider Lake Motel - a great location on a busy highway - located on trail # 5 with many lakes close and This business has so much to offer - includes a nice live in 2 bedroom apartment for long term rent - this unit rents for $1000/month. Motel consists of 4 rooms total - there are 3 larger rooms equipped with 2 queens beds each - and one handicap accessible room with one queen bed. The larger rooms with 2 queen beds rent for $70 a night and the smaller room rents for $50 a night. Motel also features a 10 x 16 workshop. This building is in excellent condition with many updates made the past 2 years - these updates include new tear off roof, new boiler, water heater, plumbing fixtures, and more. There is also a garden apartment in the basement that is halfway finished. This motel has so much to offer - priced to sell quick!
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0BEDS
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0.89ACRES
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0BATHS
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01/2 BATHS
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2,808SQFT
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$71$/SQFT
Description
Great investment opportunity!! Spider Lake Motel - a great location on a busy highway - located on trail # 5 with many lakes close and This business has so much to offer - includes a nice live in 2 bedroom apartment for long term rent - this unit rents for $1000/month. Motel consists of 4 rooms total - there are 3 larger rooms equipped with 2 queens beds each - and one handicap accessible room with one queen bed. The larger rooms with 2 queen beds rent for $70 a night and the smaller room rents for $50 a night. Motel also features a 10 x 16 workshop. This building is in excellent condition with many updates made the past 2 years - these updates include new tear off roof, new boiler, water heater, plumbing fixtures, and more. There is also a garden apartment in the basement that is halfway finished. This motel has so much to offer - priced to sell quick!
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