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    4871 N Us-31 Eastport, MI 49627

    For Sale
    $1,850,000

    Commercial/Industrial - Eastport, MI

    Property size:
    4,800 SF
    Lot size:
    2.78 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 4871 N Us-31

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Improved Commercial
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    16
    Bathrooms
    15
    APN
    05-14-312-017-11
    Interior features
    Cable TV, Refrigerator, Washer, Natural Gas, Off-Street Parking, Air-Conditioning, Common Area, Ample Parking, Dryer, Range, Exhaust Fan, Patio/Deck, Paved Roads
    Basement Y/N
    1
    Appliances
    Dryer, Range, Refrigerator
    Size
    4,800 SF
    Lot size
    2.78 Acres

    Utilities

    Utilities
    Cable Available, Natural Gas Available
    Heating system
    Baseboard, Electric (Heating), Heat Pump (Heating), Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1959
    Floors in Building
    1
    Number of units
    7
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    eXp Realty LLC (888) 501-7085 [email protected]

    Listing agent Tom Rumble (269) 600-4397

    Listing date Sep 16, 2025

    MLS# 477666 Listing URL

    Copyright © 2025 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Torch Bay Inn Hospitality Opportunity

    This income-earning property is located in a picturesque area of Michigan, a short distance from Torch Lake and Lake Michigan, and within driving distance of Elk Rapids and Charlevoix. It is situated near Barnes State Park along Lake Michigan, and in proximity to restaurants, wineries, vineyards, and orchards. The property, updated in 2016, includes 6 standalone cottages and 8 updated motel rooms. Known as the Torch Bay Inn, the property features updated rooms and is operated to provide a relaxing stay. The grounds include a patio, gardens, and a gas fire pit seating area. The property includes a 2-bedroom living area suitable for a full-time manager or on-site owner, ample parking for guests, an oversized 2-stall garage/workshop, and an expanded area for boat trailers and campers. There is also land available for expansion. The property contains 4,800 square feet and sits on a 2.78-acre lot. More images and video will be available on Sept 15, 2025. The property is zoned for Improved Commercial use and is located in Eastport, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Similar Places Nearby

    Torch Bay Inn and Cottages

    Map

    City
    Eastport
    County
    Antrim
    State
    Michigan
    Longitude
    -85.3503
    Latitude
    45.1074

    FAQs

    What type of property is this?
    Motel - Income-earning opportunity near Torch Lake & Lake Michigan.
    Where is this motel located?
    The property is located at 4871 N Us-31 Eastport, MI.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Income-producing property featuring updated motel rooms and standalone cottages.; - Prime location near Torch Lake, Lake Michigan, and Barnes State Park.; - Includes a 2-bedroom living area for on-site owner/manager.
    (269) 600-4397
    Request Owner's contact information
    4871 N Us-31 Eastport, MI 49627
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    Eastport, MI 49627
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4871 N Us-31 Eastport, MI 49627
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