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519 Lake St Frankfort, MI 49635

For Sale
$1,200,000

Other - Frankfort, MI

Property size:
4,033 SF
Lot size:
0.97 Acres
Days on Market:
114
Last Refresh:
Dec 14 at 5:06 am

Property Features for 519 Lake St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
Residential,Commercial
Size
4,033 SF
Lot size
0.97 Acres

Utilities

Heating system
Forced Air

Building Details

Year built
1966
Roof type
Asphalt
Architectural style
Other

CENTURY 21 Sleeping Bear Realty (231) 352-7123 [email protected]

Listing agent Kari King (231) 352-7123

Listing date Aug 23, 2025

MLS# 1937875 Listing URL

Copyright © 2025 Northern Great Lakes Realtors 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

Frankfort Motel and Home Opportunity

This property offers a family-run motel and home near downtown Frankfort and the Lake Michigan shoreline. The established business has been maintained by the original owners and features a loyal client base. The grounds include a creek, gazebo, and picnic area. Across the street are the 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/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, a new roof, and renovations have started to finish off more living space. The property is located along the M-22 Scenic Drive, minutes from Sleeping Bear Dunes National Lakeshore, Crystal Lake, trout streams, and hiking and biking trails. The lot size is 0.97 acres, and the living area is 4033 square feet.
Property Profile Location Intelligence

Current Use by Public Records

Motels

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

The Leelanau Cottage, The Restoration Cottage, The Bayside Cottage, Bay Port Lodging, R & R Motel

Location Insight

  • Map
  • Local Demand
City
Frankfort
County
Benzie
State
Michigan
Longitude
-86.219986
Latitude
44.626048

FAQs

What type of property is this?
Motel - Family-run motel and home near downtown Frankfort and Lake Michigan.
Where is this motel located?
The property is located at 519 Lake St Frankfort, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Prime Location: Steps from downtown Frankfort and Lake Michigan, directly across from Betsie Bay and the Betsie Valley Bike Trail.; - Turnkey Business Opportunity: Well-established motel with a loyal repeat client base, offering immediate income potential.; - Owner's Residence with Rental Income: Includes a comfortable single-family home that doubles as the check-in area, plus a studio apartment.
More about this property
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