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    Empire, MI
    Hospitality

    Empire, MI Hospitality Properties for Sale

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    Glen Arbor, MI Honor, MI Lake Ann, MI Maple City, MI Traverse City, MI Interlochen, MI Cedar, MI Beulah, MI
    Glen Lake Manor Redevelopment Opportunity
    Updated: Sep 10, 2025
    Glen Lake Manor Redevelopment Opportunity

    7345 W Glenmere Road, Empire, MI 49630

    $2,295,000
    3 sqft
    172' of sandy Glen Lake frontage on 5 wooded acres.
    Special Use Permit finalized in Nov 2024 allows for 9 en‑suite guest rooms, 1 manager/owner suite, a 50‑seat restaurant, a 20‑seat lounge, and use of 3 rental cottages.
    Operating since 1906 with a rich history as a host to lumbermen, vacationers, diners, and wedding guests.
    2005 restoration of kitchen, dining area, restrooms, and office space.
    All buildings received new roofs in 2021.
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    Lakefront Hotel Property With Restaurant
    Updated: Jul 11, 2025
    Lakefront Hotel Property With Restaurant

    7345 W Glenmere Road, Empire, MI 49630

    $1,895,000
    3,189 sqft 5.00 AC lot
    5 wooded acres with 172 feet of sandy Glen Lake frontage
    Empire Township special use permit finalized in November 2024
    Redevelopment plan allows 9 en‑suite guest rooms and 1 manager/owner suite
    Approved restaurant and lounge configuration includes 50 seats and 20 seats
    13 original second‑floor rooms plus 3 free‑standing rental cottages
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Empire, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Motel with On-Site Café
    Motel with On-Site Café

    7097 S Dunns Farm Road, Maple City, MI 49664

    $1,150,000
    4,957 sqft 5.90 AC lot

    Eight-room lodging property includes owner or caretaker quarters and a seasonal food-service operation.

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    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

    11481 Main St, Honor, MI 49640

    $750,000
    3,715 sqft 10.00 AC lot

    Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan

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    Boutique Motel with On-Site Cafe
    Boutique Motel with On-Site Cafe

    7097 S Dunns Farm Road, Maple City, MI 49664

    $1,150,000
    4,957 sqft 5.90 AC lot

    Updated in 2024, this 8-room boutique motel includes a cafe and in-room HVAC, plus an on-site apartment.

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    Cabin Resort with River Access
    Cabin Resort with River Access

    11481 Main Street, Honor, MI 49640

    $750,000
    3,715 sqft 4.98 AC lot

    8-cabin resort with private decks, WiFi, and direct Platte River access on nearly five acres.

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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.

    Waterfront Buildable Land
    Waterfront Buildable Land

    6785 Fouch Road, Traverse City, MI 49684

    $250,000
    2.69 AC lot

    Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

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    Commercial Land with Existing Office
    Commercial Land with Existing Office

    1040 E Front Street, Traverse City, MI 49686

    $1,148,000
    1,864 sqft 0.63 AC lot

    0.63-acre parcel with three lots, including an existing office building and two vacant lots on US-31.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    M-72, Williamsburg, MI 49690

    $650,000
    11.00 AC lot

    Development-ready commercial land on M-72 with utility access nearby and available engineering reports.

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    Off-Market Properties in Empire, MI

    Consider similar Off-Market properties in Empire, 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.

    10235 Front St
    Land

    10235 Front St, Empire, MI 49630

    Value Estimation by Request
    8,247 sqft
    View details

    Empire, MI Hospitality Properties Market Trends and Statistics

    Explore 3 hospitality properties for sale in Empire, MI on our real estate platform. These investment opportunities span a total of 3,192 square feet of properties for sale, with an estimated market value of $4,190,000.

    Sale prices for hospitality properties in Empire, MI start at $1,895,000, averaging $2,095,000, and reaching up to $2,295,000 — 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

    Hotels 2
    Bed & breakfasts 1

    Demographics Overview

    Population 1,484
    Population Growth (5Y) +6.2%
    Median Household Income $101,875
    College Educated 80.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49630 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

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