Josh Stein - Northen Michigan Land Brokers
405 Shelden Avenue
Houghton, MI 49931
906.523.5575 Office
906.370.4898 Cell
906.523.5650 FAX
 
 
26950 NUMBER 4 ROAD
CALUMET, MI 49913

$1,300,000

 
 
 
PROPERTY DESCRIPTION

Multi - Detached,Conventional Frame

Exceptional investment opportunity in the heart of Michigan's Keweenaw Peninsula! Centennial Cottages offers 10 rentable cottages plus a main house, generating income with significant upside still on the table. The current owners — preparing for retirement — have taken extended breaks in recent seasons, leaving occupancy gains ready for a motivated new operator to capture. Two 2-bed/1-bath cottages and eight 1-bed/1-bath cottages are each equipped with their own A/C and furnace, ensuring year-round comfort for guests. A charming hand-crafted courtyard and fire pit create a welcoming gathering space that guests love. The property also includes a laundry building, retail space, a large pull-through 41x50 shop,, office building, a large pull-through garage, and a separate heated garage. With additional land available to expand the cottage count, the growth potential here is real. Trail #3 runs right alongside the property, putting ATV and snowmobile access literally steps from your guests' doors. Enjoy having vacationers during the summer and Whether you're looking to scale a thriving hospitality business or step into a turnkey operation with room to grow, this is a rare Keweenaw find. Signing an NDA is required to view Offering Memorandum/Financials. NOTICE: Taxes are not zero. All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bares all risks for any inaccuracies including but not limited to estimated acreage, lot location/size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant) & municipality reassessment after sale. Buyer should NOT assume that buyer’s tax bills will be similar to the seller’s current tax bills. Audio/video recording devices may be present on property and entering the property shall be considered consent to be recorded. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.

 
BUILDING & CONSTRUCTION

Foundation: Basement,Slab

 

Basement: MI Basement

Construction: Vinyl Siding

Garage: Detached Garage,Workshop

Fireplace:

 

Exterior: Porch

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Basement,Slab

 

Basement: MI Basement

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric:

 

Natural Gas:

Sewer: Septic

Water: Public Water

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning: Wall/Window A/C

Heat: Natural Gas: Forced Air

 

Supplemental Heat:

 
 
 
LISTING DETAILS

MLS# 50212959

Listing Office:
Century 21 Affiliated

Listing Agent:
Jukuri, Noah

LOCATION
26950 NUMBER 4 ROAD
Calumet, MI 49913

County: Houghton

School District: Public Schools of Calumet

Property Tax Area: Calumet Twp (31003)

Waterfront: No
Water View:
Shoreline:

Road Access:

 
DETAILS
Total Buildings
Number of Units 11.00
Total Building Square Feet 6096.00
Acres (Approx.) 2.92
Lot Dimensions 401x160x111x76x383x300
Year Built (Approx.) 2005
Status: Active
 
 
ADDITIONAL DETAILS
Number of Levels Other/See Remarks
 
 
PHOTOS