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    Central Lake, MI Commercial Real Estate for Sale

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    Ellsworth, MI Eastport, MI Bellaire, MI
    Torch Bay Inn Hospitality Property
    $1,850,000
    5,654 SF

    Torch Bay Inn Hospitality Property

    4871 US Highway 31 N, Central Lake, MI 49622

    Updated motel with cottages near Torch Lake and Lake Michigan.

    • Income‑producing property featuring updated motel rooms and standalone cottages.
    • Includes a convenient 2‑bedroom living area for an on‑site owner/manager.
    • Prime location near Torch Lake, Lake Michigan, and State Park.
    • Expansion potential with land available for additional cabins.
    • Features ample parking, oversized garage/workshop, and boat/camper area.
    Updated: Sep 5, 2025
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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 1 Active listings in Central Lake, MI, we suggest exploring several alternatives: similar 71 Off-Market properties to explore as potential leads

    Off-Market Properties in Central Lake, MI

    Consider similar Off-Market properties in Central Lake, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2420 Main St

    2420 Main St

    COMMERCIAL (GENERAL) • 936 SF
    Value Estimation by Request
    2420 Main St, Central Lake, MI 49622-5139
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    2487 Main St

    2487 Main St

    COMMERCIAL (GENERAL) • 0.07 Acres
    Value Estimation by Request
    2487 Main St, Central Lake, MI 49622-9275
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    2379 Torch Lk Dr

    2379 Torch Lk Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2379 Torch Lk Dr, Central Lake, MI 49622-9640
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    Central Lake, MI 49622

    Central Lake, MI 49622

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Central Lake, MI 49622
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    Central Lake, MI 49622

    Central Lake, MI 49622

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Central Lake, MI 49622
    View details
    2432 Main St

    2432 Main St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2432 Main St, Central Lake, MI 49622-9271
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    2461 Main St

    2461 Main St

    COMMERCIAL (GENERAL) • 1,860 SF
    Value Estimation by Request
    2461 Main St, Central Lake, MI 49622-9446
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    2379 Main St

    2379 Main St

    COMMERCIAL (GENERAL) • 1,770 SF
    Value Estimation by Request
    2379 Main St, Central Lake, MI 49622-9251
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    1981st Moyer

    1981st Moyer

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    1981st Moyer, Central Lake, MI 49622-9265
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    2312 Chestnut St

    2312 Chestnut St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2312 Chestnut St, Central Lake, MI 49622-5127
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    5054 Pearl St

    5054 Pearl St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    5054 Pearl St, Central Lake, MI 49622
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    2130 Howard St

    2130 Howard St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2130 Howard St, Central Lake, MI 49622-5144
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    8205 Ballard St

    8205 Ballard St

    COMMERCIAL (GENERAL) • 4.13 Acres
    Value Estimation by Request
    8205 Ballard St, Central Lake, MI 49622-5116
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    1554 Torch Lk Dr

    1554 Torch Lk Dr

    COMMERCIAL (GENERAL) • 2.25 Acres
    Value Estimation by Request
    1554 Torch Lk Dr, Central Lake, MI 49622-9631
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    7915 Cameron St

    7915 Cameron St

    COMMERCIAL (GENERAL) • 3.86 Acres
    Value Estimation by Request
    7915 Cameron St, Central Lake, MI 49622-9458
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    788 M 88

    788 M 88

    COMMERCIAL (GENERAL) • 19,260 SF
    Value Estimation
    $680,000
    788 M 88, Central Lake, MI 49622-8703
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    7956 State St

    7956 State St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    7956 State St, Central Lake, MI 49622-9803
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    Central Lake, MI 49622

    Central Lake, MI 49622

    VACANT COMMERCIAL LAND • 0.07 Acres
    Value Estimation by Request
    Central Lake, MI 49622
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    2102 Torch Lk Dr

    2102 Torch Lk Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2102 Torch Lk Dr, Central Lake, MI 49622-9639
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    12200 Barnes Park Rd

    12200 Barnes Park Rd

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    12200 Barnes Park Rd, Central Lake, MI 49622-9734
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    2162 Lincoln St

    2162 Lincoln St

    COMMERCIAL (GENERAL) • 3,328 SF
    Value Estimation by Request
    2162 Lincoln St, Central Lake, MI 49622-9477
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    5227 Rushton Rd

    5227 Rushton Rd

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    5227 Rushton Rd, Central Lake, MI 49622-9512
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    5255 Rushton Rd

    5255 Rushton Rd

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    5255 Rushton Rd, Central Lake, MI 49622-9512
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    Central Lake, MI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Central Lake, MI on our real estate platform. These investment opportunities span a total of 5,654 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for business properties in Central Lake, MI start at $1,850,000, averaging $1,850,000, and reaching up to $1,850,000 — 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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    Demographics Overview

    Population 2,646
    Population Growth (5Y) +5.4%
    Median Household Income $66,618
    College Educated 40.3%

    High-Yield Neighborhoods for Strategic Investment

    Identify Central Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49622 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $21.40 per sq ft
    Tax Rate vs County Average 0.91 pp below county avg
    Average Loan-to-Value 65.0%

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