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231 E Buffalo St
New Buffalo, MI 49117

$1,325,000 USD

Hotel For Sale • 6,766 SF

Property Details

Property Type Hotel
Total Building Size 6,766 SF
Lot Size 0.63 AC
Building Class C
Year Built 1955
Cap Rate 11.04 %
Tenancy Single
Zoning GCD

0 Transit Score

47 Walk Score

                
                    Highlights
                
                                Prime Downtown New Buffalo Location
                            
                                Turnkey Hospitality Asset with Upside
                            
                                Flexible Value-Add Opportunity

Financial Summary (Actual)

Net Operating Income: $146,258 USD (2025)

Cap Rate:	11.04 %
Total Expenses:	$104,742 USD

Amenities

Public Access Wifi
Smoke-Free
Hot Tub

Public Transportation

Commuter Rail	Drive	Walk	Distance
New Buffalo Amtrak (Blue Water - Amtrak, Wolverine - Amtrak)	0 min	7 min	0.4 mi
Carroll Avenue (Michigan City) Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line))	16 min	-	9.8 mi
Airport	Drive	Walk	Distance
South Bend International	53 min	-	32.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes

Lane Moser 219-200-5133 Ellsbury Commercial Group

231 E Buffalo St New Buffalo, MI 49117