Hospitality

Frankfort, MI Hospitality Properties for Sale

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Beulah, MI Benzonia, MI Honor, MI Arcadia, MI Bear Lake, MI Thompsonville, MI Empire, MI Interlochen, MI
Waterfront Resort Parcel with Cabin Rentals
Updated: Jul 2
Waterfront Resort Parcel with Cabin Rentals

1912 S Scenic Highway, Frankfort, MI 49635

$2,900,000
5,300 sqft 10.96 AC lot
10.96‑acre waterfront resort parcel with Lake Michigan easement access and public beach stairs
Zoned R3 allowing division into 11 one‑acre buildable lots
10 cabin rentals open May through October at The Wayfarer Lodgings
Family home with 3 to 4 bedrooms, 3 full baths, and a library
Well water source and septic tank
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9-Room Motel with Owner's Residence
Updated: Aug 23, 2025
9-Room Motel with Owner's Residence

519 Lake Street, Frankfort, MI 49635

$990,000
4,033 sqft 0.97 AC lot
9 guest rooms with a mix of full‑bed and queen‑bed accommodations
4,033 square feet on 0.97 acres
Owner’s residence includes the check‑in area and a second‑level studio apartment
Recent improvements include HVAC units, beds, carpeting, bathrooms, roof, driveway, electric, and gas lines
Creek, gazebo, picnic area, and parking lot are included on the grounds
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Family-Run Motel with Residence
Family-Run Motel with Residence

Frankfort, MI 49635

$990,000

Turnkey motel with nine guest rooms plus owner residence and studio apartment, set on landscaped grounds with picnic area.

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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 8 Potential Opportunities for your consideration. Besides 3 Active listings in Frankfort, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

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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Glen Lake Manor Redevelopment Opportunity
Glen Lake Manor Redevelopment Opportunity

7345 W Glenmere Road, Empire, MI 49630

$2,295,000
3 sqft

Historic Glen Lake Manor on 5 wooded acres with frontage.

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Lakefront Hotel Property With Restaurant
Lakefront Hotel Property With Restaurant

7345 W Glenmere Road, Empire, MI 49630

$1,895,000
3,189 sqft 5.00 AC lot

Hotel property with lake frontage, restaurant facilities, guest rooms, and separate cottage accommodations.

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Turnkey Cabin Resort Near Sleeping Bear
Turnkey Cabin Resort Near Sleeping Bear

11481 Main St, Honor, MI 49640

Contact for pricing
5,000 sqft 10.00 AC lot

Northern Michigan cabin resort with immediate income potential near Sleeping Bear.

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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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Frankfort, MI Hospitality Properties Market Trends and Statistics

Explore 3 hospitality properties for sale in Frankfort, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,333 square feet of properties for sale, with an estimated market value of $4,880,000.

Sale prices for hospitality properties in Frankfort, MI start at $990,000, averaging $1,626,666, and reaching up to $2,900,000 — 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

Motels 2
Campgrounds 1
Resorts 1

Demographics Overview

Population 3,367
Population Growth (5Y) -2.5%
Median Household Income $71,875
College Educated 70.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49635 $1.6M

Listings Trend

New vs delisted commercial listings in Benzie County

New Delisted

Total CRE Inventory on Market (SF)

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