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Bear Lake, MI Hotels for Sale

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Arcadia, MI Onekama, MI Manistee, MI Kaleva, MI Frankfort, MI Benzonia, MI Brethren, MI Thompsonville, MI
Turn-Key Motel with Pool
Updated: Apr 11
Turn-Key Motel with Pool

12273 West Street, Bear Lake, MI 49614

Contact for pricing
Bella Vista Inn motel offering 20 rooms
Swimming pool on site plus Wi‑Fi for guests
Newer building upgrades include a new septic system
Recent updates also include new water heating system and electrical upgrades
Plumbing upgrades and a new pool liner are included in the recent improvements
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Bear Lake, 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.

Two-Property Limited-Service Hotel Portfolio
Two-Property Limited-Service Hotel Portfolio

1492 US-31, Traverse City, MI 49686

$10,000,000
55,556 sqft

Two limited-service hotels totaling 117 guestrooms on Grand Traverse Bay in Traverse City, Michigan.

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Five-Room Hotel Hospitality Property
Five-Room Hotel Hospitality Property

6090 W 76th Street, Baldwin, MI 49304

$399,999
13.00 AC lot

Five-room hotel plus separate cabin and home/office on 13 acres in Baldwin, MI.

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Historic Inn Estate with Apartments
Historic Inn Estate with Apartments

230 Wellington, Traverse City, MI 49686

$3,995,000
11,807 sqft 0.51 AC lot

Operating inn with 9 guest rooms, plus carriage house apartments and original stables with room to expand.

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COMMERCIAL - Baldwin, MI
COMMERCIAL - Baldwin, MI

6090 W 76th Street, Baldwin, MI 49304

$399,999
13.00 AC lot

Hotels · 13.00 Acres

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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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Commercial Land with Existing Office
Commercial Land with Existing Office

1040 E Front Street, Traverse City, MI 49686

$1,148,000
1,864 sqft 0.63 AC lot

0.63-acre parcel with three lots, including an existing office building and two vacant lots on US-31.

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Development Land Parcel
Development Land Parcel

7801 S US-131, Cadillac, MI 49601

$540,000
12.00 AC lot

12-acre parcel zoned residential near US-131 access, with a livable home and surrounding commercial and office/service uses.

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Norton Shores Development Opportunity
Norton Shores Development Opportunity

1404 E Ellis Road, Norton Shores, MI 49444

$1,450,000
23.63 AC lot

23-acre development site at US-31 and Ellis Road.

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Bear Lake, MI Hotels Market Trends and Statistics

Explore 1 hotels for sale in Bear Lake, MI on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1
Motels 1

Demographics Overview

Population 2,903
Population Growth (5Y) +2.8%
Median Household Income $71,389
College Educated 39.9%

Taxes & Financing

Tax Rate (average for all types) 3.53%
Tax Rate vs County Average 0.28 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manistee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Manistee County

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