1212-1216 32nd Street

Description

Two parcels and three buildings for sale. Looking for income? Purchase this West Michigan property and you may be able to quit your job or retire! Operating expenses at this income property are low, making this an opportunity you should not ignore. This unique Allegan County property is currently used as an eight room Country Inn for daily or weekly lodging, the potential for growth and expansion is significant. The property is conveniently situated on a well traveled road, just outside the city of Allegan. The Inn consists of 8 furnished guestrooms (each with private bath, refrigerator, microwave, coffee maker and TV). There is an ADA compliant guest room on the main floor and several rooms with balconies or patios that are Westerly facing, taking advantage of beautiful sunsets andvast views of the countryside. A second building which is presently the owner's quarters is also included in the sale. There is an adjacent property for sale that is a commercially zoned single family home that has been used as a two unit rental property. The larger unit is two bedrooms and one full bath. The second unit is a studio apartment with a full bath. The property has been well maintained and has many nice features including: spacious rooms, some hardwood floors, a fireplace, & updated mechanicals. There is a full basement and a two car garage for storage. This parcel, 1216 32nd Street can be purchased separately, but only on or after the business sells. The Buyer of the business at 1212 32nd Street, has an option to purchase the home at 1216 32nd Street. Opportunity for expansion of the Eight Unit Rental Business is possible with approval is in place to add another building of 8 units.