Bed & Breakfast

Charlevoix, MI Bed & Breakfasts for Sale

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Ellsworth, MI East Jordan, MI Petoskey, MI Boyne City, MI Central Lake, MI Eastport, MI Kewadin, MI Northport, MI
Bed and Breakfast with Lake Views
Updated: Jan 15
Bed and Breakfast with Lake Views

113 Michigan Avenue, Charlevoix, MI 49720

$1,700,000
3,814 sqft
8 bedrooms and 7 baths
Lake Michigan views
Wood frame construction
Forced‑air heating with natural gas
Shingle roof
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Bed & Breakfast Inn with 8 Rooms
Updated: May 23, 2025
Bed & Breakfast Inn with 8 Rooms

113 Michigan Avenue, Charlevoix, MI 49720

$1,700,000
3,814 sqft
Bed and breakfast business opportunity at 113 Michigan Avenue in Charlevoix
8 bedrooms and 7 baths
Highly visible location
Lake Michigan views
Stroll to downtown shops, parks, and restaurants
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Charlevoix, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restored Victorian Bed & Breakfast
Restored Victorian Bed & Breakfast

18599 Mission Road, Traverse City, MI 49686

$4,260,000
5,644 sqft 10.86 AC lot

Guest accommodations pair dining areas with a commercial kitchen and covered porch.

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Recreational/Resort,Bed & Breakfast,Marina,Other - Grayling, MI
Recreational/Resort,Bed & Breakfast,Marina,Other - Grayling, MI

100 State St, Grayling, MI 49738

$660,000
2,300 sqft 0.70 AC lot

Thriving canoe livery with retail, equipment, and vacation rental.

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Carlisle Canoe Livery
Carlisle Canoe Livery

100 State St, Grayling, MI 49738

$660,000
2,200 sqft 0.70 AC lot

Canoe Livery in Grayling Michigan

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Restored Historic Bed and Breakfast
Restored Historic Bed and Breakfast

230 Wellington, Traverse City, MI 49686

$3,995,000
11,807 sqft

Nine guest rooms anchor the operating inn, complemented by two apartments within the carriage house.

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Charlevoix, MI Bed & Breakfasts Market Trends and Statistics

Explore 2 bed & breakfasts for sale in Charlevoix, MI on our real estate platform. These investment opportunities span a total of 7,628 square feet of properties for sale, with an estimated market value of $3,400,000.

Sale prices for inns in Charlevoix, MI average $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 2
Motels 2
Hotels 1

Demographics Overview

Population 9,113
Population Growth (5Y) +4.2%
Median Household Income $76,127
College Educated 26.3%

High-Yield Neighborhoods for Investment

Identify Charlevoix submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49720 $1.7M

Taxes & Financing

Tax Rate (average for all types) 3.34%
Property Tax per SF $1.89 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Charlevoix County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Charlevoix County

Residential Income

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