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    Mixed-Use Hospitality Venue with Suites
    Updated: Jul 29
    Mixed-Use Hospitality Venue with Suites

    230 Ferry, Charlevoix, MI 49720

    $1,450,000
    10 hotel suites with short‑term rental potential
    Open‑air dining area supported by food trucks
    Private event space with water views
    Downtown Charlevoix location near the waterfront
    Event venue suited to weddings, rehearsal dinners, and corporate gatherings
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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Charlevoix, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Historic Victorian Hotel
    Historic Victorian Hotel

    18599 Mission Road Unit SourceFi, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.00 AC lot

    Restored Victorian hotel with 13 guest rooms and an on-site cafe open to the public.

    View details
    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.

    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
    Hotel and Cottage Property
    Hotel and Cottage Property

    Central Lake, MI 49622

    $1,850,000

    Updated in 2016 with six new standalone cottages and refreshed motel rooms, plus an on-site 2-bedroom living area.

    View details

    Charlevoix, MI Hotels Market Trends and Statistics

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

    Sale prices for resorts in Charlevoix, MI average $1,450,000 — 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

    Bed & breakfasts 2
    Hotels 1
    Motels 1

    Demographics Overview

    Population 9,113
    Population Growth (5Y) +4.2%
    Median Household Income $76,127
    College Educated 26.3%

    Taxes & Financing

    Tax Rate (average for all types) 3.34%
    Property Tax per SF $1.89 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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