519 Lake Street, Frankfort, MI 49635

This property offers a rare opportunity to own a family-run motel and home near downtown Frankfort and the Lake Michigan shoreline. The well-established business has been maintained by the original owners and features a loyal client base. The grounds include a creek, gazebo, and picnic area. Located across the street from Betsie Bay and the Betsie Valley Bike Trail, the property provides access to Frankfort and Elberta’s amenities, including shops, restaurants, a theater, a library, a public boat launch, and beaches. The motel has 9 guest rooms: 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. The motel also features a new roof, sealed driveway, underground electric, and new gas lines. The home has new windows and a new roof, with renovations started to create 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 4,033 square feet in size and sits on a lot of 0.97 acres. This location is suitable for a motel, hospitality property, or bed and breakfast.