Secrets On Main Bed & Breakfast

Cheboygan, Michigan

Asking Price: USD $439,000
Guest Rooms: 6    6
Owners Quarter: 1    1

Property Overview

It is located in booming Cheboygan Michigan within walking distance to all the downtown events and activities. Stroll or bike to the brewery, Music pavilion, farmers market, spectacular library, Jazz bar, Larks Theater, Opera House, quaint boutiques, hockey pavilion, fishing, and so much more. Mackinaw City is 15 minutes away and offers the ferries that take you to Famous Mackinac Island!

Turn-key. Charming Victorian mansion built by the Mayor of Cheboygan in 1892. Currently operating as a Bed & Breakfast offering exceptional guest reviews and ongoing bookings from June to November. Each of the 6 uniquely decorated bedrooms has a full private bath (1 main floor, 5 upstairs). Dining Room, Art Gallery, and Tea Room are also on the main floor.

Easy day trips from this location include Mackinac Island, Mackinac City, Mackinaw Bridge, Tahquamenon Falls, many lighthouses, Soo Locks, Headlands Dark Park, Garlyn’s Zoo, Oswald’s Bear Park, etc. Enjoy the 38-mile Famous Inland Waterway with the vessel of choice, walk, or bike on the Rails to Trails pathways, and enjoy an abundance of winter recreational activities. This destination is uniquely situated so guests can safely and easily walk to all that downtown has to offer: Glass Bottom Boat Shipwreck tours, wine bar, Opera House, mead, cider and comedy, numerous locations of live music, one-of-a-kind shops, and restaurants, movie theater, martini bar, Farmers Market, Lark Theater, entertaining events at Festival Square, Cheboygan Brewery, and more!

The property features stunning landscaping, a wrap-around porch, a firepit for gatherings, a spacious hot tub, bicycles, kayaks, and a fun 4-person Surrey Limousine. The property extends from Main Street to Huron Street with plenty of parking in front and rear. This property is currently zoned Commercial with a B-3 allowed usage. The site has high-speed fiber optic internet throughout the property.

This opportunity could also make an incredible at-home business and/or private residence.

About the Owner's Quarters

Owners have a main floor bedroom with an attached bath. When necessary they have stayed in their RV and rented the room.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
Lifestyle:
  • Near the Beach Beach
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Skiing Ski
Business Description:

This Turnkey Bed & Breakfast offers opportunities galore. It is ideally suited to accommodate a lovely home with enough room for a variety of in-home businesses. Art gallery, professional services office, boutique, etc. Some suggestions may require additional zoning approval.

Terms of Sale:

Cash or bank financing.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Audrey Martinchek (Broker)
  2314200231
Team Martinchek

MLS:

201825359

Sq Ft:

3,785

Owner's Quarters Sq Ft:

200

Year Built:

1892

Last Renovated:

2023

Years in Business:

6

MLS:

201825359
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Financial Overview

Asking Price:

USD $439,000

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