Hospitality

Frankfort, MI Hospitality Properties for Sale

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Lake-Access Resort Property
Updated: Jul 2
Lake-Access Resort Property

1912 S Scenic Highway, Frankfort, MI 49635

$2,900,000
5,300 sqft 10.96 AC lot
10.96‑acre resort property with 10 cabin rentals operating from May through October
5,300‑square‑foot residence with 3 to 4 bedrooms, 3 full bathrooms, and a library
Easement provides access to Lake Michigan and public beach access with stairs
R3 zoning allows division into 11 one‑acre buildable lots
Built in 1914 with well water, septic tank, hot‑water heating, and broadband
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Motel With Owner Residence
Updated: Aug 23, 2025
Motel With Owner Residence

519 Lake Street, Frankfort, MI 49635

$925,000
4,033 sqft 0.97 AC lot
Nine guest rooms with 4 rooms offering two full beds, 2 rooms with three full beds, and 3 rooms with queen beds
4,033‑square‑foot motel property on 0.97 acres
Owner’s residence functions as the check‑in area and includes a second‑level studio apartment
New heating/cooling units, beds, carpeting, and updated bathrooms in every guest room
New motel roof, sealed driveway, underground electric, and new gas lines
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2 active listings match your search: Hospitality for sale in Frankfort, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Waterfront Bed-and-Breakfast
Waterfront Bed-and-Breakfast

7103 Lake View Ridge, Lake Ann, MI 49650

$2,300,000
3,936 sqft 5.63 AC lot

Operating lodging property with four guest suites, a separate owner residence, wooded acreage, and private lake frontage.

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Four-Unit Motel
Four-Unit Motel

2212 Valley Road, Honor, MI 49640

$325,000
2,189 sqft 2.68 AC lot

Furnished lodging operation with guest amenities, support facilities, and a creek crossing the acreage.

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8-Unit Cabin Resort
8-Unit Cabin Resort

11481 Main Street, Honor, MI 49640

$750,000
3,715 sqft 4.98 AC lot

Wood-frame hospitality property with studio and one-bedroom accommodations, private decks, and direct access to the Platte River.

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Waterfront Bed & Breakfast
Waterfront Bed & Breakfast

7103 Lake View Ridge, Lake Ann, MI 49650

$2,300,000

Four guest studios sit alongside a separate owner’s residence, with wooded grounds and private lake frontage.

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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

$215,000
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 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 $3,825,000.

Sale prices for hospitality properties in Frankfort, MI start at $925,000, averaging $1,912,500, 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 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 $1.9M

Listings Trend

New vs delisted commercial listings in Benzie County

New Delisted

Total CRE Inventory on Market (SF)

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