Motel, Restaurant, Home for Sale-Century 21 Commercial

Hospitality for Sale
Catylist Listing ID: 30153865
Property Subtypes: Inn, Motel, Resort, Ski & Sun, Vacation Rental(s)
Number of Units: 5 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $889,000
Unit Price: $177,800 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Name of Establishment: Buccaneer Den
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/24/2018

Overview / Comments

Rare, Classic, Historic commercial property spread over 1.26 acres within walking distance of beautiful Lake Huron. Buildings on the property comprise of a motel, restaurant and a private home. Easy access to the hiking trails in the Port Crescent area. Call Century 21 Signature Commercial at 989-921-7002 for your private tour.

Real Estate only, the business is no longer active.

Additional Details

Nearest MSA: Saginaw
County: Huron
Tax ID/APN: 11-010-003-00
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: M25
Site Description: Buccaneer Den is a full service restaurant, bar, 5 unit motel and private home on the premises. It is on the water side of Lake Huron with hiking trails just behind the in ground pool on the property with sandy beaches on the other side of the trails. Breathtaking.
Area Description: Port Austin is "The Tip O the Thumb" and Huron County boasts over 90 miles of shoreline. Buccaneer Den is directly between Caseville and Port Austin, which makes it an excellent investment. Boating, kayaking, fishing, hunting, Port Austin Farmers Market, Port Austin Playhouse and many activities make thgis a wonderful, affordable resort town for families with only a 2 hour drive from Detroit area.
Nearby Attractions: Lake Huron shoreline with sandy beaches and unbelievable sunsets, Caseville and Port Austin shops and Harbor, Pt Aux Barques Lighthouse, Port Austin Farmers Market, Year round festivals, Turnip Rock, Kayaking, cross country ski trails, hiking, biking and rentals.
Total Number of Buildings: 7
Number of Stories: 2
Property Condition: Average
Roof Type: Arched
Water Recreation: Outdoor Pool, Water Slide
Exterior Description: Restaurant is stone exterior and wood with wood shingled roof. The private home is aluminum sided as is garage that is attached.
Total Parking Spaces: 60
Parking Type: Surface
Parking Description: Parking in front and side with additional property for development across M25.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Buccaneer Den boasts two large dining rooms that can open to create one large space with dance floor and a fireplace in each. The large bar area also provides cozy seating. The ceilings are wood paneled and the restaurant is carpeted throughout. The 5 motel rooms do need cosmetic updating, but are in very good condition.
Zoning Description: Commercial
Lot Depth: 1.26 acres
Water Service: Well
Sewer Type: Septic

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,411 1,902
Median Age: 54.15 50.71
Households: 692 906
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