519 Lake Street, Frankfort, MI 49635

This property features a family-run motel and home located near downtown Frankfort and the Lake Michigan shoreline. Built in 1988, the business has been maintained by the original owners and has a client base of repeat guests. The grounds include a creek, gazebo, and picnic area. The property is located across the street from Betsie Bay and the Betsie Valley Bike Trail, providing access to shops, restaurants, a theater, library, public boat launch, and beaches. The motel has 9 guest rooms, including 4 rooms with two full beds, 2 rooms with three full beds, and 3 rooms with queen beds. There is potential to create additional guest accommodations or reconfigure the layout. The owner’s home doubles as the check-in area and includes a single-family residence with a studio apartment on the second level, suitable for guest lodging or long-term rental income. Recent upgrades include new heating and cooling units, beds, carpeting, and updated bathrooms in every room. A new roof, sealed driveway, underground electric, and new gas lines have been installed for the motel. The home has new windows and a new roof, with renovations started to finish off more living space. The property is situated along the M-22 Scenic Drive, near Sleeping Bear Dunes National Lakeshore, Crystal Lake, trout streams, and hiking and biking trails. The property is on a 0.97-acre lot and the building size is 4,033 square feet. The property is zoned for residential and commercial use.