Hospitality

Charlevoix, MI Hospitality Properties 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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Mixed-Use Hospitality Venue with Suites
Updated: Jul 29
Mixed-Use Hospitality Venue with Suites

230 Ferry, Charlevoix, MI 49720

$1,450,000
10 hotel suites with short‑term rental potential
Open‑air dining area supported by food trucks
Private event space with water views
Downtown Charlevoix location near the waterfront
Event venue suited to weddings, rehearsal dinners, and corporate gatherings
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Bed & Breakfast Inn with 8 Rooms
Bed & Breakfast Inn with 8 Rooms

113 Michigan Avenue, Charlevoix, MI 49720

$1,700,000
3,814 sqft

Bed and breakfast business opportunity with 8 bedrooms and 7 baths at 113 Michigan Avenue in Charlevoix.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Charleboyne Motel on Boyne City Road
Charleboyne Motel on Boyne City Road

12731 Boyne City Road, Charlevoix, MI 49720

Contact for pricing

Established motel with 11 units near US 31.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 Active listings in Charlevoix, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Historic Victorian Hotel
Historic Victorian Hotel

18599 Mission Road Unit SourceFi, Traverse City, MI 49686

$4,260,000
5,644 sqft 10.00 AC lot

Restored Victorian hotel with 13 guest rooms and an on-site cafe open to the public.

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Motel with Standalone Cottages
Motel with Standalone Cottages

4871 US Highway 31 N, Central Lake, MI 49622

$1,850,000
5,654 sqft 2.76 AC lot

Updated in 2016 with new cottages and remodeled motel rooms, plus on-site living space and guest parking.

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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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Hotel and Cottage Property
Hotel and Cottage Property

Central Lake, MI 49622

$1,850,000

Updated in 2016 with six new standalone cottages and refreshed motel rooms, plus an on-site 2-bedroom living area.

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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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Charlevoix, MI Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in Charlevoix, MI, showcased through 4 active listings 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 $4,850,000.

Sale prices for hospitality properties in Charlevoix, MI start at $1,450,000, averaging $1,616,666, 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 2
Hotels 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 $1.7M

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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