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PROPERTY DESCRIPTION |
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Multi - Detached,Conventional Frame |
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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. |
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BUILDING & CONSTRUCTION |
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Foundation: Basement,Slab
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Basement: MI Basement
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Construction: Vinyl Siding
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Garage: Detached Garage,Workshop
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Fireplace:
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Exterior: Porch
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Outbuildings:
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Accessibility:
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First Floor Bath:
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First Floor Bedroom:
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Foundation: Basement,Slab
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Basement: MI Basement
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Green Features:
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Extras:
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UTILITIES, HEATING & COOLING |
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Electric:
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Natural Gas:
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Sewer: Septic
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Water: Public Water
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Cable:
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Telephone:
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Propane Tanks:
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Air Conditioning: Wall/Window A/C
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Heat: Natural Gas: Forced Air
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Supplemental Heat:
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