Discover Motel Somerset on bustling US12, set on 5 acres. This property features 3 buildings with 14 motel rooms and a versatile apartment for a 15th room or Air BnB. Recent renovations and a new business model boosted average daily rates by 20% in May and 34% in June. The ranch home offers 2 beds, 1 bath, and an attached garage- perfect for a long term tenant/ STR or an owner-operator. Located a stone's throw from Lake Somerset, three other lakes within 2 miles (as well as the other 52 Lakes in the Irish Hills area), hotspot for visitors attending events at the Michigan International Speedway, Faster Horses Festival, various wedding and event venues, wineries, a charming cider mill, local parks, and renowned hunting spots. Ideal for investors seeking growth in a prime recreational area.
Cement City is located in Michigan. Cement City, Michigan has a population of 461. Cement City is less family-centric than the surrounding county with 22.13% of the households containing married families with children. The county average for households married with children is 27.37%.
The median household income in Cement City, Michigan is $44,500. The median household income for the surrounding county is $51,339 compared to the national median of $57,652. The median age of people living in Cement City is 38.5 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 35.3 inches per year, with 30.8 inches of snow per year.
