13662 Red Arrow Hwy - Hospitality FOR SALE


Harbert, MI 49115
$1,891,500 USD
269-612-8198
13662 Red Arrow Hwy, Harbert, MI for Sale
$1,891,500 USD
Hospitality - FOR SALE
1/99
null | Request Cap Rate

NEW


13662 Red Arrow Hwy
Harbert, MI 49115


HIGHLIGHTS

  • Central location in popular vacation destination
  • Three walkable restaurants, two big sandy beaches, bikes and beach gear!
  • Five rental units plus events space, modern designer interiors and rental-ready
  • Courtyard features unique wedding ceremony area, four private campfire areas and large hot tub.
  • Each unit has private access and private outdoor area

OVERVIEW

RARE mixed use opportunity in Harbor Country! This centrally located residential building near Lake Michigan, in Harbert, MI has been completely renovated inside and out. There are five separate, self-contained living units plus an open-span events space. The design and layout of this property allows for individual unit rental or whole facility rental for large groups and events. All units combined sleep 20. It includes TWO, two bed, two bath units (sleep 4 ea.) with full kitchen, fireplaces and laundry. There are also TWO large studio units (sleep 2 ea.) with kitchenettes and fireplaces. Each unit has a private deck area. The open span event space features a full kitchen, office, prep room with fridge, fireplace, half bath and 75" tv. There are two glass sliders that open to a beautifully landscaped courtyard which features a wedding ceremony area, hot tub and four private campfire areas. The completely-private owners’ space includes three bedrooms, two full bathrooms (sleeps 8), a beautiful designer's kitchen, deep soaking tubs, primary ensuite, high ceilings, glass garage doors, oversized laundry units and has a private fenced backyard with hot tub. There is a dedicated supply and laundry room and a stair trolly to assist with heavy items! The remaining enormous space has potential for development of additional units. It is currently being used as an artists’ workspace and storage. Reno included all new HVAC, plumbing, insulation, new roof, new partition walls, drywall and electrical throughout the entire building. The property is on the Lake Michigan side of Red Arrow (west side) and is a nice stroll or bike ride down Harbert Road to big sandy Lake Michigan beaches. Vacationers have enjoyed the central location to wineries, Warren Dunes, pubs and golf but especially love the close proximity to the beach and three walkable restaurants. The property is currently set for short term rentals and events but could easily be converted to other commercial, condominium or private use. It is a rare gem in an affluent and commercially underserved market where new development is extremely limited. It is being sold rental-ready including beach chairs, umbrellas, beach towels, coolers, bikes and kayaks. Owner has reserved items list. Whether you’re looking for owner-occupied rental income property or commercial use this property has it all! Please give 24 hr. notice by phone, text, email or on Home by ShowingTime app to tour. Financial pre-qualification required prior to viewing. Happy to work with buyers’ agents! For all inquiries please call, text or email: Jocelyn VerLee 269.612.8198 range20development@gmail.com

FOR SALE DETAILS

PRICE

$1,891,500 USD

PRICE/SF

$406 USD /SF

# OF ROOMS

4

PRICE/ROOM

$472,875 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

WithInn Beachtown Suites and Gathering Room

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1964

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

Commercial

APN/PARCEL ID

11-07-0010-0038-18-5

ASK ABOUT THIS PROPERTY

Jocelyn VerLeeRange20 Development, Inc.More Info
269-612-8198

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Jocelyn VerLeeRange20 Development, Inc.More Info
269-612-8198

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.