10400 US-31 N
Property Description
Own a piece of Northern Michigan hospitality! Highway 31 Cabins is an established and successful vacation rental business situated on 2.33 acres along US-31 between Ludington and Manistee. The property features seven charming vintage cabins, including a spacious larger cabin that serves as an excellent rental or could be used as an owner's residence. Each cabin has its own private bathroom with a shower, toilet, and sink. The large cabin is equipped with a full kitchen, while the remaining cabins include a microwave and mini refrigerator, providing comfortable accommodations for a variety of guests. Known for its loyal returning guests, direct booking website, strong social media presence, Airbnb Superhost status, and hundreds of outstanding guest reviews, this property offers proven income potential with room for future growth and expansion. Guests will love the location, just minutes from Lake Michigan beaches, boat launches, and world-class salmon and trout fishing, making it a favorite destination for charter fishing enthusiasts, beachgoers, and outdoor adventurers. Plus, Doc's Restaurant is conveniently located next door, adding to the appeal for visitors. Thoughtfully maintained and extensively updated, the property features a new well, metal roofs, updated water lines, sewer and electrical upgrades, commercial-grade drain tile and sump pump system, reinforced berm, and redesigned gutters with additional downspouts, providing peace of mind for years to come. A rare opportunity to own a well-established Northern Michigan hospitality business with timeless charm, modern improvements, and exceptional growth potential. Seller financing now available with down payment.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $515,000 |
| No. of Units: | 7 |
| Year Built: | 1940 |
| Lot Size: | 3,001.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $73,571 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TAAR-1947331
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