$569,000
MLS: 21012-23001
0.64 Acres
beds
baths
Established motel in Atlanta MI with income growth opportunity. Eight of the units have kitchens and could be used as monthly rentals. This is an Investment opportunity and a community need for affordable housing. There are 14 rental units which include 7 with full kitchens and the others with mini-fridges and microwaves. Newer roof and siding. Laundry room on the premises. Come for a visit and see all this property and community in Atlanta in North East MI have to offer. Walk to local eateries, grocery store, and festivals. park, and all of downtown Atlanta. The Atlanta Motel is halfway between Gaylord and Alpena with big box shopping, airports, a marina, and beaches. Atlanta is a thriving community on the shores of the Thunder Bay River. Beautiful Briley Park offers a fishing dock, kayak & boat launches, music festivals and events, and the annual Elk Fest. The current owners have built a successful business with many repeat customers. Check out their website and tons of 5-star reviews!
UPDATES
Roof Office Bldg. 2015
Roof Garage 2016
Seamless Gutters 2019
Front facing 2019/2020
Windows 2017
Atlanta is on the 45th parellel and is halfway between Gaylord and Alpena MI. Atlanta is also the Elk Capital of MI with two Elk Hunts per year and an annual Elk Festival in September.
The Sno*Drift rally racing event is held in Atlanta annually. The event is currently the first Rally America National Rally Championship event of the season.
The Atlanta Farmers Market is popular in the summer and is celebrating it's 10th annivresay in 2023. Vendors bring lots of fresh local produce, baked goods, fresh eggs, honey, maple syrup and lots more.