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Trout Lake, MI Hospitality Properties for Sale

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Trout Lake Resort: Turnkey Opportunity
$950,000
18,802 SF

Trout Lake Resort: Turnkey Opportunity

22321 M-123, Trout Lake, MI 49760

41-Room Resort, Newly Renovated

  • $950,000 asking price for a 41‑room Best Western resort in Trout Lake, MI.
  • Recently renovated (2022) 18,802 sq ft resort on ~13 acres.
  • Features include a 3,528 sq ft pool house, 2,640 sq ft restaurant, conference room, workout/game room, staff apartment, and a 3‑bedroom private residence (1,476 sq ft).
  • Prime location at the intersection of many snowmobile trails, near lakes, streams, rivers, and township parks; potential for land contract.
  • Rooms average 240+ sq ft; 10‑14 RV spaces.
Updated: Dec 11, 2024
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Trout Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Boutique Motel Business Opportunity
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Boutique Motel Business Opportunity

Turn-key, renovated motel business with income and growth potential.

1602 Ashmun St, Sault Sainte Marie, MI 49783
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Motel with Downtown Commercial Land
$1,200,000
7,673 SF

Motel with Downtown Commercial Land

20-unit motel with views, owner's suite, and commercial land.

427 W Portage Ave, Sault Sainte Marie, MI 49783
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Charlevoix Bed & Breakfast Opportunity
$795,000
3,850 SF

Charlevoix Bed & Breakfast Opportunity

Bed & Breakfast near channel and main street in Charlevoix.

109 Petoskey Ave, Charlevoix, MI 49720
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Historic Charlevoix House with Rental Units
$895,000
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Historic Charlevoix House with Rental Units

Historic lodging with eight rentable units and established rental history.

202 Michigan Ave, Charlevoix, MI 49720
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Explore Off-Market Properties in Trout Lake, MI

Consider similar Off-Market properties in Trout Lake, 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.

22321 M-123

22321 M-123

Hotels • 18,802 SF
Value Estimation by Request
22321 M-123, Trout Lake, MI 49760
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Trout Lake, MI Hospitality Properties Investment Opportunities Market Analysis

Explore 2 hospitality properties for sale in Trout Lake, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $950,000.

Prices for hospitality properties in Trout Lake, MI start at $0.00, averaging $475,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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