35362 Mall
White Pine, MI 49971
MLS #1101468

Commercial
  • 21,000sq ft
$1,150,000
Est. P&I payment: $4392.22/mo
35362 Mall, White Pine, MI 49971
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Description for 35362 Mall, White Pine, MI 49971
The Konteka, a place located in the old mining community of White Pine, Michigan, is just six miles south of Lake Superior, twelve miles north of Lake Gogebic in Bergland and a few miles by sky to the infamous Porcupine Mountains. The Konteka, over 22,000 square feet, is a one stop shop that a countless number of people have visited throughout the years for snowmobiling, skiing, hiking, waterfall seeking, fishing, fall colors, the black bears and more. A bar, restaurant, bowling alley, motel, gas station, convenience store and conference room all in one connected location, which has yielded better returns year after year of operating under the current owners’ tenure of 11 plus years. Known for the black bear visits via the dining room areas far and wide not only across the country, but internationally, the Konteka is in a densely-traveled tourist area for all the seasonal travelers and provides and caters to all with the numerous amenities offered. What more could a group of guests ask for then to have their lodging, food, fuel, DNR stickers, eight lane bowling alleys, a bar/lounge area, fuel and a convenience store all under one roof located so close to the wonders and wilderness of the Western UP? There are 16 motel units all featuring two queen sized beds (recently updated in 2015) in each room with a hot tub and a sauna room located at the end of the motel section. The restaurant can seat over 200 people for dining, banquets and weddings. The kitchen features numerous up-to-date, tested and certified cooking and cleaning equipment. In fact, the food safety manager classes have often been hosted in this kitchen. A separate conference room is used for private parties, special luncheons, learning venues, certifications for various trainings and more. The bar area has a wooden dance floor with a huge aesthetic appeal above with the high-ceilings allowing light in during the day and providing a fantastic way for the New Year’s Eve balloon drop. The bowling alley came in the TOP 10 bowling alleys to visit in the state of Michigan at number 8. If you don’t like bowling, this would make an excellent area for an expansion to the ever-growing market of micro-brews – a huge, heated area with viewing windows for the brewing enthusiasts out there. The gas station features an above-ground 3000-gallon tank that was put into service in 2008 and stays very busy since the neighboring gas stations are twelve to nineteen miles away. The building itself is built to last. Mostly made of joisted masonry with steel trusses, the Konteka has had numerous updates under the current owners’ tenure: featuring new roofs in 2016 with a transferable warranty, new energy-efficient: furnaces, boilers, A/C units, LP Smart-side Siding, electrical, water heaters, and much more. If you’re looking for a wonderful opportunity, a great community of locals, a great community of weekenders all tucked into the wonders of the Western Upper Peninsula with Lake Superior...
MLS #1101468
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My Notes for MLS #1101468

General Features

  • Approx. Year Built: 1971
  • Number of Levels: 1
  • Total Number of Buildings: 1

Exterior Features

  • Exterior: Brick,​Wood
  • Lot Dimensions: 3 Parcels (Legal on File)
  • Outbuildings: Shed

Interior Features

  • Basement: Other
  • Est.Total Building SQFT: 21,000

Utility Features

  • Air Conditioning: Central
  • Cable: Yes
  • Electric: Yes
  • Heat: Natural Gas Forced Air,​Natural Gas Hot Water
  • Natural Gas: Yes
  • Sewer: Township
  • Supplemental Heat: Pellet Stove
  • Telephone: Yes
  • Water: Township

Financial Features

  • Association Fee: N/A
  • Financing Options: None
  • Price Per SQFT: 54.76
  • Rental Options: No Rental Available

Community Features

  • Ski Resort Name: Porcupine Mountains

Miscellaneous Features

  • Business Type: Bar/Restaurant/Motel/Bowl
  • Construction: Block,​Conventional Frame
  • Foundation: Slab
  • Green Features: Tankless Water Heater,​Natural Daylighting
  • Road Access: Year Round
  • Shoreline: Not Applicable
  • Water View: None
  • Waterfront: None
  • Wooded: None

Location

 
Street View Not Available
Directions to 35362 Mall, White Pine, MI 49971
From Ontonagon- 14 miles west on M-26 to M-64 at Silver City. South on M-64 6 miles to property. Or- 12 miles north of Bergland from M-28
The listing information for 35362 Mall, White Pine, MI 49971 was graciously provided by our friends at the listing brokerage, DOMITROVICH REALTY, INC

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P&I Payment $4392.22
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on U.P. Riverland Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. U.P. Riverland Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/17/2018 at 5:50pm
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