Upper Michigan Family Restaurant and Motel that has been in existence for over 66 years for sale! This Commercial Property is located in Marquette County's Humboldt Township, on US-41, the main east-west highway corridor through Michigan's Upper Peninsula! It is also at the corner of M-95, which runs north and south through the central U.P.!! This High Visibility property intersection has been called "Koski's Korner" for many years, and everyone traveling to Marquette from Ironwood in the western U.P., and from Iron Mountain in the southern U.P., passes this property! The equipment has all been changed within the past 6 years. There have also been updates to decor in the dining room and bathrooms. This historic area is mountainous, and immense beds of iron ore existed here. Mining and smelting of the high grade ore brought settlers into the area in the ironmining days. Today the area is a mecca for tourists and seasonal dwellers with opportunities for boating, fishing, swimming, biking, hiking, snowmobiling and moose viewing. It is a few miles from Lake Michigamme, an All Sports Lake, which is one of Michigan's largest inland lakes. Boating, sailing, swimming, and water skiing are popular on Lake Michigamme, and it is a U.P. fishing destination. Common fish include Brook and Lake trout, Smallmouth Bass, Muskies, Northern Pike, Walleye, Perch, Rock and Smallmouth Bass, and even Whitefish in the deeper parts. There are nice swimming beaches at the Van Riper State Park on the eastern end of the lake, and at the Township-owned park on the west shore. About a mile north of the property are thousands of acres of Corporate CFA Lands and State Lands, for walk-in access for hunting, trapping, and fishing. Beaver, Black bear, Coyotes, Moose, Muskrat, Otter, Partridge , Rabbits, Red fox, Whitetail deer, Wolves and Waterfowl call this area home. The Middle Branch of the Escanaba River is two miles to the east. This branch is groundwater-fed, cold and with suitable substrate for natural fish reproduction. A short six-mile drive to the south is the Michigamme River, a 67 mile-long tributary of the Menominee River which empties into Lake Michigan. Fishing for Walleye, Bass, Perch, Bluegil, Northern pike, Crappie, Rock bass, and Trout is available here. A sandy beachfront for swimming is located near North Republic, and a State Maintained roadside park near South Republic provides a picnic area and canoe access to the river. The main north-south Republic-Champion Multi-Use State Trail is just 1+ mile to the west. This trail meets up with the main east-west Peshekee-Clowry Multi-Use State Trail. From these trails you can make connections throughout the U.P. This Commercial Property could provide the opportunity to Be Your Own Boss in a Northwoods Tourist-Resort Area! The Restaurant and Motel are located on a 1.75+/- Acre parcel, and another parcel of approximately 9+/- Acres (part of which adjoins the commercial location, and part of which lies across the US-41 highway) is included in the sale. The 1320 Square Foot Restaurant seats approximately 42 patrons at the large center counter area, and in the surrounding dining area, which include booths and dining tables. The dining area is cooled by a wall air conditioning unit. The kitchen, service areas, and two restrooms are clean and in good condition. A 704 Square Foot Second Floor area with a Full Bath, could possibly be remodeled for use as an Owners' Residence, Office or Storage Area, and there is another 144 Square Foot of space on the Third Floor. The Basement has 704 Square Feet of space for additional storage. The building is heated with a Propane Forced-Air Furnace. The Two-Story Motel was built in about 1963, and has 5,000+ Square Feet. There are 12 Units, including a Laundry Room, Office/Storage Room, and a Manager's Quarters. There is electric heat in this building and each room has a wall air conditioner. Sale will include Licenses, Business, Furnishings, Fixtures, and Equipment. Equipment List and Financials will be provided to Pre-Qualified Buyers. MLS# 1098417
From the L'Anse Welcome Sign take US41 south 41 miles to the US-41/M-95 Junction. Property is on the Corner.