4500 Sugar Loaf Mtn Rd
Cedar, MI 49621

$8,720,000

Property ID: 102355179

SUGAR LOAF RESORT IN BEAUTIFUL LEELANAU COUNTY. This is an opportunity for a developer/hotelier(144rms) to rebuild one of Northern Michigan's premier 4 seasons resorts. Opportunities: ski area, hotel, restaurant, condo development, conventions, weddings, lifestyle & more. Includes a 3,500 ft paved airplane landing strip. Assets incl: hotel bldg, 2 large storage bldgs, 4 tennis courts, ski lifts, assorted ski area operation equip., hotel/restaurant furniture and fixtures, and an on slope warming hut.

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Property Details
MLS ID: 1738657
Style: Commercial
Year Built: 1964
Status: Active
Stories: 0
Parking Type Description: 500 cars
New Construction: No
Foreclosure: No
Sq. Footage
Total Square Footage: 144,000 ($60.56 per sq. foot)
Lot Information
Acreage: 478
Lot Size: various
Locale
County: Leelanau
Subdivision: N/A
Photo Tour
Features
Basement
Block Partial
Poured Concrete Walkout
Business Incl
Yes
Construction
Block Stone
Stucco/Dryvit Wood
County
Leelanau
Ext Water Conservation
See Remarks
Extras
Phone System See Remarks
Financing Available
1031 Exchange Cash
Conventional Mortgage
Green Energy Efficiency
See Remarks
Heating/Cooling Source
Natural Gas
Heating/Cooling Type
Hot Water/Steam
Included in Rent
None - N/A
Indoor Environ Quality
See Remarks
Inventory Incl
Yes
Licenses
See Remarks
Location
Corner Lot Freestanding
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Main Fl Laundry
Yes
Miscellaneous
See Remarks
Other
Business Name - Sugar Loaf Resort Current Zoning - Variou
Electric Supplier - Consumers Remodeled - 2003
Possession
At Closing
Real Estate Incl
Yes
Renewable Htg Cooling
See Remarks
Road Frontage
County Maintained Paved
Roof
Asphalt Shingle Membrane
Section #
24
Township
Centerville
Waste
Municipal Sewer
Water
Private Well
Zoning
Motel/Hotel Restaurant/Food
Listed By
John Peppler
Associate Broker
Coldwell Banker Schmidt REALTORS
Main: 231-334-3006
Cell: 231-645-1928

Property Information Last Updated: 4/23/2014 at 5:26 AM.

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