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Central Lake, MI Hotels for Sale

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Eastport, MI Bellaire, MI Ellsworth, MI
Boutique Hotel and Event Space
Updated: Jun 28
Boutique Hotel and Event Space

2287 S Main Street, Central Lake, MI 49622

$850,000
3,200 sqft · 1.00 AC lot
5‑suite boutique hotel and event space in Central Lake, with private baths for each suite
Main level includes sitting room, piano room, large dining area, plus shared kitchen and on‑premise laundry
Lower level speakeasy/barrel room for guest hosting and/or special event rentals
Owners suite with bath located just off the garage, fully remodeled
Whimsical grounds feature Knowles Creek, deck, fire pit, and various lounging areas
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Central 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.

Historic Waterfront Inn and Venue
Historic Waterfront Inn and Venue

13747 Main Street, Nahma, MI 49864

$750,000
6,397 sqft · 3.31 AC lot

Iconic Upper Peninsula hospitality property with waterfront access.

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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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21-Unit Hospitality Property
21-Unit Hospitality Property

Sault Sainte Marie, MI 49783

$450,000
6,450 sqft

For sale 21-unit hospitality property with a newly installed flat roof and renovations underway under B-3 zoning.

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Historic Inn and General Store
Historic Inn and General Store

13747 Main St Ll, Nahma, MI 49864

$750,000

Unique 17-room hotel and venue in picturesque location.

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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.

Commercial Development Parcel with Office
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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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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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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Commercial Land with Utilities Available
Commercial Land with Utilities Available

W M-76, West Branch, MI 48661

$200,000
4.24 AC lot

Commercially zoned land with natural gas and municipal water, with sewer nearby, suited for hospitality or office development.

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Central Lake, MI Hotels Market Trends and Statistics

Explore 1 hotels for sale in Central Lake, MI on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for resorts in Central Lake, MI start at $850,000, averaging $850,000, and reaching up to $850,000 — 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

Hotels 1
Motels 1

Demographics Overview

Population 2,646
Population Growth (5Y) +5.4%
Median Household Income $66,618
College Educated 40.3%

High-Yield Neighborhoods for Investment

Identify Central Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49622 $850K

Taxes & Financing

Tax Rate (average for all types) 1.41%
Property Tax per SF $21.40 per SF
Tax Rate vs County Average 0.91 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Antrim County

New Delisted

Total CRE Inventory on Market (SF)

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