Hospitality

Charlevoix, MI Hospitality Properties for Sale

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East Jordan, MI Ellsworth, MI Boyne City, 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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Charleboyne Motel on Boyne City Road
Updated: Jul 27, 2024
Charleboyne Motel on Boyne City Road

12731 Boyne City Road, Charlevoix, MI 49720

$695,000
Over 530 feet of frontage on Boyne City/Charlevoix Road and just off US 31.
Two parcels included: one commercial and one vacant residential.
Eleven motel units plus owner living quarters and office.
Two‑car garage included.
Established business: operating as a motel since the early 1950s.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Charlevoix, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Boutique Hotel and Event Space
Boutique Hotel and Event Space

2287 S Main Street, Central Lake, MI 49622

$850,000
3,200 sqft · 1.00 AC lot

Turn-key boutique hotel with five suites and an event-ready lower level bar room.

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Motel and Cottage Hospitality Property
Motel and Cottage Hospitality Property

4871 US Highway 31 N, Central Lake, MI 49622

$1,850,000
5,654 sqft · 2.76 AC lot

Updated motel rooms and six standalone cottages with on-site manager space, garage/workshop, and ample guest parking.

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Recreational Property in Antrim County
Recreational Property in Antrim County

V/L 10A Amanda Court, Mancelona, MI 49659

$129,900
10.03 AC lot

Turn-key 10.03 acre recreational property near Mancelona, Michigan.

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Party Store, Gas Station, RV
Party Store, Gas Station, RV

Mancelona, MI 49659

$328,500
1,380 sqft

Thriving business with gas, store, and RV hookups near lake.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Commercial Land with Highway Frontage
Vacant Commercial Land with Highway Frontage

11640 US 31 N Highway, Charlevoix, MI 49720

$449,000
6.00 AC lot

Build-ready commercial parcel with shared access, utilities, and highway frontage on US 31.

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Wooded Resort Homesite Land Parcel
Wooded Resort Homesite Land Parcel

207 Shadow Glen, Bellaire, MI 49615

Contact for pricing
0.75 AC lot

Build a private home on a wooded homesite with a perk test on file and key utilities available.

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Land in Campers Village
Land in Campers Village

Pineview Drive lot: 435 B0 1305 6273, Mancelona, MI 49659

Contact for pricing
0.42 AC lot

Vacant land in a four-season recreational community.

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Residential Land Near Golf Course
Residential Land Near Golf Course

Bear Paws Trail, Vanderbilt, MI 49795

Contact for pricing

Land with golf course views, suitable for residential or investment.

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Charlevoix, MI Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Charlevoix, MI on our real estate platform. These investment opportunities span a total of 3,814 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for hospitality properties in Charlevoix, MI start at $1,700,000, averaging $1,700,000, and reaching up to $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 1
Motels 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 $1.2M

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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