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$700,000

Beds
11
Baths
8.0
sq ft
3,516

4998 N Main St, Long Lake, MI 48743

4998 N Main St

Plainfield Twp, MI 48743

  • 117 days on market
    • Price drop $25,000↓
The Long Lake Lodge is a completely renovated turn key business. The business has the potential to make upwards of $225,000 per year. This entire business was just built out and is fully staffed. The building itself was just fully renovated, staged and furnished. This was all done by a team that has a track record of turning mom and pop hotels into thriving hotel businesses. The Long Lake Lodge features over 125ft of pristine lakefront on the highly sought after Long Lake. It has a 90ft private sandy beach with fire pits, BBQ grills, a wrap around deck, a brand new large parking lot, two private docs, 5 kayaks for guests to use, and is partnered with a pontoon boat rental company. The pontoon Rental Company, Long Lake Pontoon Rentals is also for sale, separately. The Long Lake Lodge is composed of 7 units, a laundry facility, storage/supply room, and a new large shed. Rooms 1-3 (lake side) are lake view rooms with 2 bedrooms, a living room, kitchenette, and bathroom. Room 4 (lake side) is a lake view room w/1 bedroom, 1 bathroom, living room and kitchenette. Rooms 5 (street side) is a 1 bedroom, 1 bathroom w/living room & kitchenette. Room 6 (street side) is a studio w/2 Queen beds, a bathroom and kitchenette. Room 7 (street side) is 2 bedroom w/kitchenette & bathroom. All 7 units can be rented out for over $2000/night in income to family reunions, corporate retreats, wellness/church retreats, and team bonding events. Use this property to host your entire family and rent it out to pay your bills! Renting it out is hassle free as the turnkey business has already been built out for you! The property is listed on AirBnB, VRBO, Expedia, Booking, etc has a fully built out PMS, website, automated door lock system and is fully operated by on-site staff.

Details

Property type

Single Family Residence

Lot size

0.68 acres

Price per sq ft

$200

Year built

1975

Annual property taxes

$2,616

Price History

09/17/2024
Realcomp

Realcomp #20240063910

Price change
$700,000
-3.45%
08/27/2024
Realcomp

Realcomp #20240063910

Listed
$725,000
+45%
01/05/2024
MiRealSource

MiRealSource #50088231

Sold
$500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hale

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Status: Active

Tomo last checked: 12/23/2024 at 5:35 AM

Listing updated: 09/17/2024 at 2:51 PM

Listed by: Auston Cook, Cook & Associates Phone #: (734) 216-1933

MLS: Realcomp #20240063910

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