Hospitality

Charlevoix, MI Hospitality Properties for Sale

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

113 Michigan Avenue, Charlevoix, MI 49720

$1,700,000
3,814 sqft
3,814‑square‑foot bed and breakfast property
8 bedrooms and 7 baths
Lake Michigan views
Commercial zoning
Strolling access to downtown shops, parks, and restaurants
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Bed & Breakfast Inn with 8 Rooms
Updated: Mar 21, 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
View details
See hot listings in Charlevoix

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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2 active listings match your search: Hospitality for sale in Charlevoix, MI. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 land listings with development potential.

Opportunities in Nearby Cities

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

Motel with Standalone Cottages
Motel with Standalone Cottages

4871 Us Highway 31 N, Central Lake, MI 49622

$1,674,900
5,654 sqft

Hospitality property with guest rooms, detached cottages, owner-operator living space, and outdoor areas near Torch Lake and Lake Michigan.

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Victorian Hotel with Lake Michigan Views
Victorian Hotel with Lake Michigan Views

18599 Mission Road, Traverse City, MI 49686

$4,260,000
10.00 AC lot

Historic Victorian hotel on about 10 acres with 13 guest rooms, commercial kitchen, and a cafe open to the public.

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Updated Motel With Standalone Cottages
Updated Motel With Standalone Cottages

4871 US Highway 31 N, Central Lake, MI 49622

$1,674,900
5,654 sqft 2.76 AC lot

Lodging property with guest accommodations, on-site living quarters, a garage/workshop, parking, and landscaped outdoor areas.

View details
Historic Inn and Hospitality Property
Historic Inn and Hospitality Property

18599 Mission Rd, Traverse City, MI 49696

$4,260,000

Across from the bay, the property combines a refined lobby, adaptable common areas, and landscaped grounds for hospitality use.

View details

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.

Highway-Frontage Commercial Land
Highway-Frontage Commercial Land

11640 US 31 N Highway, Charlevoix, MI 49720

$449,000
6.00 AC lot

Commercial parcel with shared access and sewer, water, and natural gas service.

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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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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 7,628 square feet of properties for sale, with an estimated market value of $3,400,000.

Sale prices for hospitality properties 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

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)

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