Frankfort, MI Hospitality properties for sale

Updated: Jul 2

Waterfront Land Parcel with Cabins

1912 S Scenic Highway, Frankfort, MI 49635

$2,900,000

5,300 sqft · 10.96 AC lot

11‑acre parcel with an easement leading to Lake Michigan and public beach access with stairs
Zoned R3, allowing division into 11 one‑acre buildable lots
The Wayfarer Lodgings includes 10 cabin rentals operating May through October
Family home on site offers 3 to 4 bedrooms, 3 full baths, and a library
Well water and septic tank sewer system

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Updated: Aug 23, 2025

Family-Run Motel with Owner Residence

519 Lake Street, Frankfort, MI 49635

$1,100,000

4,033 sqft · 0.97 AC lot

Well‑established motel built in 1988 with 9 guest rooms on‑site
Room mix includes 4 rooms with two full beds, 2 rooms with three full beds, and 3 rooms with queen beds
Owner’s home includes a studio apartment on the second level, plus the home doubles as the check‑in area
Recent upgrades include new heating/cooling units, new beds, new carpeting, updated bathrooms in every room, and a new roof
Additional improvements for the motel include a sealed driveway, underground electric, and new gas lines

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Frankfort, 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.

Motel and Cafe with Apartment

7097 S Dunns Farm Road, Maple City, MI 49664

$1,150,000

4,957 sqft · 5.90 AC lot

A newly updated 8-room motel plus an operating cafe, supported by on-site living and additional rental space.

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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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Historic Inn with Restaurant & B&B

149 E Harbor Highway, Maple City, MI 49664

$1,600,000

7,500 sqft · 3.17 AC lot

Turn-key Leelanau County landmark with restaurant, bar, and lodging.

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Turnkey Cabin Resort Near Sleeping Bear

11481 Main St, Honor, MI 49640

$750,000

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

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 Development Parcel with Office

1040 E Front Street, Traverse City, MI 49686

$1,148,000

1,864 sqft · 0.63 AC lot

0.63-acre parcel with two vacant lots and an existing office building, offering flexible options for development or reuse.

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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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Prime Development Property, Cadillac MI

7801 S US-131, Cadillac, MI 49601

$540,000

12.00 AC lot

12-acre commercial development property near downtown Cadillac.

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Frankfort, MI Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Frankfort, MI 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 $4,000,000.

Sale prices for hospitality properties in Frankfort, MI start at $1,100,000, averaging $2,000,000, 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.

Neighborhood	Average Price
49635	$1.1M

Neighborhood

Average Price

49635

$1.1M