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    Two-Story Short-Stay Hospitality Residence
    Updated: May 6
    Two-Story Short-Stay Hospitality Residence

    302 Tuscola Road, Bay City, MI 48708

    $790,000
    9,376 sqft 1.40 AC lot
    9,900+ sq ft two‑story property on 1.4 acres at 302 Tuscola in Bay County, with a newly refinished 18‑room short‑stay residence
    Current income‑producing operation serving traveling medical professionals with upscale short‑term accommodations near local hospitals
    Renovations completed Spring 2025: commercial kitchen, multiple bathrooms and showers, theater room, exercise area, and fireplace lounge
    Recent major updates: boiler (2022), central air (2024), and roof (2024)
    Home utilities include public water and oil heating with central air; asphalt roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    302 Tuscola Road, Bay City, MI 48708

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $571K
      Suggested

    • Property Type

      Single Family Residence
      Built 1900
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    Historic 16-Room Hotel With Restaurant
    Updated: Aug 25
    Historic 16-Room Hotel With Restaurant

    13747 Main Street, Nahma, MI 49864

    $500,000
    6,397 sqft 0.60 AC lot
    16‑room hotel with restaurant and bar operation
    6,397‑square‑foot property on 0.6 acres
    Historic building constructed in 1909
    Sale includes operating business, liquor license, furniture, fixtures, and equipment
    Commercial zoning in Nahma, Michigan
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    21-Room Motel with Residence
    21-Room Motel with Residence

    4290 S W Bay Shore Drive, Suttons Bay, MI 49682

    $2,790,000
    9,729 sqft 4.10 AC lot

    Lodging accommodations include an owner or caretaker residence for convenient on-site management.

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    Restored Victorian Bed & Breakfast
    Restored Victorian Bed & Breakfast

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.86 AC lot

    Guest accommodations pair dining areas with a commercial kitchen and covered porch.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic Hotel Conversion Opportunity
    Historic Hotel Conversion Opportunity

    93 W Wall Street, Benton Harbor, MI 49022

    $790,000
    45,000 sqft

    Concrete, multi-floor landmark building with a newer roof and restoration-ready structure suited for mixed-use concepts.

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    Waterfront Hospitality Inn and Restaurant
    Waterfront Hospitality Inn and Restaurant

    13747 Main Street, Nahma, MI 49864

    $750,000
    6,397 sqft 3.31 AC lot

    Includes an 18-room operating hotel with bar and restaurant, plus a neighboring general store event venue and private dock access.

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    Boutique Hotel With Event Space
    Boutique Hotel With Event Space

    2287 S Main Street, Central Lake, MI 49622

    $799,900
    3,200 sqft 1.00 AC lot

    Five private-bath suites, shared hospitality areas, and a remodeled lower-level venue accommodate overnight guests and private gatherings.

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    Turnkey Hospitality Property
    Turnkey Hospitality Property

    302 N Tuscola Rd, Bay City, MI 48708

    $790,000
    9,376 sqft 1.40 AC lot

    Turnkey two-story short-stay residence with 18 rooms, recently renovated amenities, and income-producing operations.

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    Historic House of David Hotel Building
    Historic House of David Hotel Building

    93 W Wall Street, Benton Harbor, MI 49022

    $790,000
    45,750 sqft 0.29 AC lot

    Historic House of David hotel building with cable available and a new roof installed 14+ years ago.

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    Historic Victorian Hotel with Covered Porch
    Historic Victorian Hotel with Covered Porch

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.86 AC lot

    Includes 13 guest rooms and the Mission Bay Cafe, open to the public.

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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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    Hotel Property with Lake Views
    Hotel Property with Lake Views

    1757 N Manitou Trail, Leland, MI 49654

    $4,200,000
    9,244 sqft 4.33 AC lot

    Hospitality property with multiple buildings, short-term lodging units, and private frontage on North Lake Leelanau.

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    Hotel Property With Lake Views
    Hotel Property With Lake Views

    1757 N Manitou Trail, Leland, MI 49654

    $4,200,000
    9,244 sqft 4.33 AC lot

    Hospitality property comprising multiple buildings and short-term lodging units near North Lake Leelanau.

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    Victorian Hotel with Lake Michigan Views
    Victorian Hotel with Lake Michigan Views

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    10.00 AC lot

    Historic Victorian hotel on about 10 acres with 13 guest rooms, commercial kitchen, and a cafe open to the public.

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    Two-Story Hospitality Residence
    Two-Story Hospitality Residence

    302 Tuscola Road, Bay City, MI 48708

    $790,000
    9,376 sqft 1.40 AC lot

    Newly refinished 18-room short-stay residence with modernized guest amenities and a complete commercial kitchen.

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    Historic Inn with Bar and Dining
    Historic Inn with Bar and Dining

    10468 S Main Street, Rapid River, MI 49878

    $299,900
    3,938 sqft 0.26 AC lot

    Historic inn for sale featuring a full bar, dining area, kitchen, public bathrooms, and upstairs apartments in Rapid River.

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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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    Hospitality Property with Attached Residence
    Hospitality Property with Attached Residence

    Sault Sainte Marie, MI 49783

    $350,000
    5,293 sqft

    Thirteen-unit hospitality property with an attached single-family residence, offered for sale in B-3 zoning.

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    Historic Grand Rapids Mixed-Use Building
    Historic Grand Rapids Mixed-Use Building

    25 Sheldon Avenue SE, Grand Rapids, MI 49503

    $5,250,000
    48,211 sqft

    Landmark property in downtown Grand Rapids with historic architecture.

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    Hotel with Beer Garden
    Hotel with Beer Garden

    19 W Bear Lake Road, Kalkaska, MI 49646

    $839,650
    2,618 sqft

    Rebuilt in 2021 with natural gas forced-air heat, well water, and two walk-in cooler rooms for hospitality operations.

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    Boutique Hotel with Event Space
    Boutique Hotel with Event Space

    2287 S Main Street, Central Lake, MI 49622

    $799,900

    Boutique hotel and event space featuring five suites, private baths, and a remodeled speakeasy/barrel room.

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    Motel with Standalone Cottages
    Motel with Standalone Cottages

    4871 US Highway 31 N, Central Lake, MI 49622

    $1,850,000
    5,654 sqft 2.76 AC lot

    Updated in 2016 with new cottages and remodeled motel rooms, plus on-site living space and guest parking.

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    43-Unit Non-Smoking Hotel
    43-Unit Non-Smoking Hotel

    1451 S STEPHENSON AVE, Iron Mountain, MI 49801

    Contact for pricing
    20,180 sqft

    Interior-corridor 43-unit non-smoking hotel with fitness center, guest laundry, and breakfast area.

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    16-Room Motel with Bowling Alley
    16-Room Motel with Bowling Alley

    400 Main Street, White Pine, MI 49971

    $1,250,000
    21,000 sqft 4.35 AC lot

    Motel, restaurant/bar, and automated 8-lane bowling with wheelchair-accessible features and off-street parking.

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    Michigan Hotels Market Trends and Statistics

    Explore 72 hotels for sale in Michigan, showcased through 56 active listings on our real estate platform. These investment opportunities span a total of 703,242 square feet of properties for sale, with an estimated market value of $65,214,350.

    Sale prices for resorts in Michigan start at $299,900, averaging $2,173,811, and reaching up to $10,000,000 — 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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