Plan your Great Escape!

7967 N M-123
Paradise, MI
Offered at: $750,000
Sold Price: $750,000
Lot Size: 5.13 Acres
Property Status: Sold

SOLD! Catch the wave of tourism in Michigan’s Upper Peninsula with this turnkey business. #1 rated hospitality business in Paradise with a strong online presence. Great opportunity for YOU; seller is retiring. Listed below 2023 appraised value. Start making money from day one. Great location in Paradise, gateway to Tahquamenon Falls and iconic Whitefish Point. Successful & profitable Tahquamenon Suites Lodging features 8 air-conditioned vacation suites with kitchens. 1800 sq. ft., 3 BR, 2 BA home with central A/C. 270 ft road frontage on high traffic M-123. 5.13 acres with 3+ acres of untouched mature woods with possibilities for expansion. Direct snowmobile and seasonal ORV trail access. Seller is a licensed MI real estate broker. Complete renovation of all buildings in 2014 with new interiors, electrical, plumbing, heating. 2 of 3 roofs new in 2019. New pavement in 2016. Septic’s are pumped yearly. New well pump 2022. Water treatment system in place. Most bedroom furniture was custom-made by a local craftsman. Walking distance to Paradise restaurants and shops. The property has been well-maintained and features perennial plantings plus an expansive central lawn which could be used for campsites, festivals, farmer’s market, covered pavilion, etc. Furnishings, equipment, linens, name, website, goodwill & future bookings are all included in the sale. Website-integrated, cloud-based booking system w/third-party interface could be continued. Hotel is currently being ran by the owner with contact free check in. Operations could easily bridge to absentee owner/vacation rental format. Owner is willing to assist in transition with new owner.