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    Central Lake, MI Hotels for Sale

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    Boutique Hotel With Event Space
    Updated: Jun 28
    Boutique Hotel With Event Space

    2287 S Main Street, Central Lake, MI 49622

    $799,900
    3,200 sqft 1.00 AC lot
    Five hotel suites, each with a private bath
    3200 square feet on 1 acre
    Remodeled lower‑level bar and event area
    Remodeled owner’s suite with bathroom near the garage
    Knowles Creek, deck, fire pit, and outdoor lounging areas
    View details
    Boutique Hotel and Event Space
    Updated: May 20
    Boutique Hotel and Event Space

    2287 S Main St, Central Lake, MI 49622

    $799,900
    3,200 sqft
    Five guest suites, each with a private bath
    3,200‑square‑foot hotel property built in 1895
    Lower‑level speakeasy and barrel room for guests or special events
    Owner’s suite with private bath beside the garage
    Knowles Creek, deck, fire pit, and outdoor lounging areas
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Central Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    21-Room Motel with Residence
    21-Room Motel with Residence

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

    $2,390,000
    9,729 sqft 4.10 AC lot

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

    View details
    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.

    View details
    Historic Inn and Hospitality Property
    Historic Inn and Hospitality Property

    18599 Mission Rd, Traverse City, MI 49696

    $4,260,000

    Across from the bay, the property combines a refined lobby, adaptable common areas, and landscaped grounds for hospitality use.

    View details
    21-Room Bay-View Hotel
    21-Room Bay-View Hotel

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

    $2,390,000

    Established lodging property with varied accommodations, outdoor space, and an onsite owner or caretaker residence.

    View details

    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 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

    Three-lot parcel combines vacant land with an existing office building and on-site parking.

    View details
    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.

    View details

    Central Lake, MI Hotels Market Trends and Statistics

    Explore 2 hotels for sale in Central Lake, MI on our real estate platform. These investment opportunities span a total of 6,400 square feet of properties for sale, with an estimated market value of $1,599,800.

    Sale prices for resorts in Central Lake, MI average $799,900 — 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 2
    Motels 2
    Bed & breakfasts 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 $799.9K

    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

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