Hospitality Business for Sale in Comstock Park, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Comstock Park, MI 49321
  • Year built: 2005

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Comfort Suites Grand Rapids North (‘Hotel’ or ‘Property’) located at 350 Dodge Street in Comstock Park, Michigan. The upper-midscale Choice Hotels–branded asset is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 1.88 acres, the Property features 86 guest rooms across four stories totaling approximately 63,280 square feet. Constructed in 2005, the Hotel offers a wide variety of common area amenities, including an indoor heated pool, fitness center, business center, guest laundry, and 3,577 square feet of meeting and event space. Bathroom renovations have been completed in the guestrooms, and the asset is currently operated by an absentee owner, presenting a clear opportunity to improve profitability through tighter expense controls as current ownership expenses are higher than market norms. The Property benefits from strong visibility and accessibility just off U.S. Route 131, one of the primary north-south corridors in the region. Major nearby employers include Meijer corporate headquarters and Bissell, both of which drive consistent business travel demand. Healthcare-related visitation is supported by St. Mary’s Hospital, Corewell Health Grand Rapids Hospital, and the broader Grand Rapids medical network. The Property also benefits from proximity to major event and entertainment venues including Van Andel Arena, home to concerts and sporting events, and LMCU Ballpark (formerly Fifth Third Ballpark), where the West Michigan Whitecaps play. Additional leisure demand is generated by attractions such as Frederik Meijer Gardens & Sculpture Park, the Gerald R. Ford Presidential Museum, and nearby parks including Riverside Park, Dwight Lydell Park, and DeltaPlex Arena & Conference Center. Comstock Park is located within the Grand Rapids metropolitan area, one of Michigan’s

Market Context

This hospitality in Comstock Park, MI is listed for sale. The building dates to 2005. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Comstock Park, MI — <a href="/search/sale/hospitality/michigan/comstock-park">view the full market</a>.

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