3311 Pottawattomie Trail, Michigan City, IN 46360

$2,070,000
Property Type: Commercial Sale Square Footage: 9,199 Lot Size (sq. ft.): 24,010 Status: Closed
Current Price: $2,070,000 List Date: 11/11/2019 Last Modified: 2/24/2024

Overview

Description

The DUNELAND BEACH INN - A place to RELAX, RECHARGE, and REMINISCE. This long standing, historic, and charming property feels like home the moment you enter. It is a destination, a block off the beach at Stop 33 in Duneland Beach. Elegant location for an intimate wedding, rehearsal dinner or reunion, serving artisan cocktails and an incredible menu. Locals can count on running into friends, old and new, on any given night. 8 guest rooms total, all with private baths; few with a Jacuzzi. Multiple Dining Areas, 2 Fireplaces, Custom Crafted Bar, Front Board Room and Patio Seating. Once in a lifetime opportunity now available to the next loving owner! The Inn will remain open, completely staffed, continuing their on going success story, without interruption for the future owner. All transferable liquor licenses in place, completely stocked bar and updated kitchen, beautifully appointed guest rooms, will provide a smooth transition to the fortunate new Inn Keepers.

Listing Details MLS# 466005

General Property Information

Living Area
9199
Building Area Source
Assessor
Year Built
1922
Lot Size Acres
0.5512
Lot Size Square Feet
24010
Lot Size Dimensions
Irregular
Waterfront YN
Yes
Water Body Name
Lake Michigan
Stories
2

Property Features

Building Features: Balcony; Exterior Lighting; Lunch Room; Meeting Room; Patio; Private Restrooms; Public Restrooms; Skylight(s); Other Construction Materials: Brick Cooling: Central Air Current Use: Commercial Flooring: Carpet; Tile; Vinyl Foundation Details: Brick/Mortar Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Private Possession: Negotiable Possible Use: Commercial; Mixed Use; Office; Recreational; Retail; Other Rail Availability: None Road Frontage Type: City Street Roof: Shake Security Features: Fire Alarm; Security System; Smoke Detector(s) Sewer: Private Sewer Special Licenses: Liquor Utilities: Electricity Available; Natural Gas Available; Water Connected Water Source: Public Showing Requirements: Listing Agent Must Accompany

Contract Information

Auction YN
No
Original List Price
2300000
Property Sub Type
Hotel-Motel
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
3311
Street Name
Pottawattomie
Street Suffix
Trail
County
La Porte
State
IN
Postal Code
46360
Subdivision Name
Duneland Beach

Remarks and Miscellaneous

Public Remarks
The DUNELAND BEACH INN - A place to RELAX, RECHARGE, and REMINISCE. This long standing, historic, and charming property feels like home the moment you enter. It is a destination, a block off the beach at Stop 33 in Duneland Beach. Elegant location for an intimate wedding, rehearsal dinner or reunion, serving artisan cocktails and an incredible menu. Locals can count on running into friends, old and new, on any given night. 8 guest rooms total, all with private baths; few with a Jacuzzi. Multiple Dining Areas, 2 Fireplaces, Custom Crafted Bar, Front Board Room and Patio Seating. Once in a lifetime opportunity now available to the next loving owner! The Inn will remain open, completely staffed, continuing their on going success story, without interruption for the future owner. All transferable liquor licenses in place, completely stocked bar and updated kitchen, beautifully appointed guest rooms, will provide a smooth transition to the fortunate new Inn Keepers.
Exclusions
Yes

Status Change Information

Major Change Timestamp
2020-09-15T12:33:49Z
Major Change Type
Status Change
Status Change Timestamp
2020-09-15
Offer Acceptance Date
2020-09-02
Close Date
2020-09-15
Close Price
2070000
Concessions
No
Buyer Financing
Cash

More Information

Building Features

Number of Offices
Yes
Balcony
Yes
Exterior Lighting
Yes
Lunch Room
Yes
Meeting Room
Yes
Patio
Yes
Private Restrooms
Yes
Public Restrooms
Yes
Skylight(s)
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
200

Income and Expenses

New Taxes Expense
9461
Electric Expense
0
Gross Income
0
Gross Scheduled Income
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0
Water Expense
0

Showing Requirements

Showing Instructions
Showings on Tuesday's ONLY. Listing Agent to be present.
Listing Agent Must Accompany
Yes

Historical Information

Public Historical Remarks
Utilities: On, Frontage Access: Public Road, Roof Structure: Gable,Pitched, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
1039
Tax Legal Description
Legal Description: 41-01-12-380-016 TBKA DUNELAND BCH LTS 5 & 6 & W SD LT 7 & W1/2 LT 9 BLK 4
Parcel Number
460112380016000021
Township
Michigan
Directions
US-12 to Duneland Beach Drive. Follow Duneland Beach Drive to Pottawattomie Trail. Property on the right. OR Lake Shore Drive to Duneland Drive (Stop 33). Turn Left on Pottawattomie Trail. Property on the right.

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Flooring

Carpet
Yes
Tile
Yes
Vinyl
Yes

Foundation Details

Brick/Mortar
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes

Parking Features

Private
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes

Roof

Shake
Yes

Security Features

Fire Alarm
Yes
Security System
Yes
Smoke Detector(s)
Yes

Sewer

Private Sewer
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Water Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Current Use

Commercial
Yes

Possible Use

Commercial
Yes
Mixed Use
Yes
Office
Yes
Recreational
Yes
Retail
Yes
Other
Yes

Rail Availability

None
Yes

Special Licenses

Liquor
Yes
Listing Office: @properties/Christie's Intl RE
Last Updated: February - 24 - 2024
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