Boutique Inn with Leased
For Sale
$325,000
103 Walnut Street, Manitou Beach, MI 49253
Turn-key boutique inn with custom-themed guest suites and an added retail space leased on a month-to-month basis.
Property SizeContact for details
Days on Market98
Property Features for 103 Walnut Street
General Information
Standard status
Active
Property subtype
General Commercial
Amenities
3
50X130
Building Details
Year Built
1920
Listing Agency:
Foundation Realty, LLC
(517) 252-5523
Listed By:
Manitou Beach
Source:
Xome
Added: May 31
Changed: Sep 1
Last Checked: Sep 5 at 6:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Foundation Realty, LLC
Investment Insights
Based on property information with market context.
Devils Lake Inn at 103 Walnut Street presents a turn-key boutique inn setup with custom-themed guest suites and upscale finishes throughout. The sale includes the established business website and all furniture, décor, bedding, and appliances, supporting continued operations from day one.
In addition to the guest accommodations, the building includes a retail space currently leased on a month-to-month basis.
The property is offered in the heart of Manitou Beach, within a walkable village featuring local shops, restaurants, galleries, and year-round recreation. For buyers interested in expanding their portfolio, 103 Walnut Street can also be purchased together with the neighboring Devils Lake Inn Too at 175 Walnut Street; refer to MLS# 50197252 for the combined offering.
In addition to the guest accommodations, the building includes a retail space currently leased on a month-to-month basis.
The property is offered in the heart of Manitou Beach, within a walkable village featuring local shops, restaurants, galleries, and year-round recreation. For buyers interested in expanding their portfolio, 103 Walnut Street can also be purchased together with the neighboring Devils Lake Inn Too at 175 Walnut Street; refer to MLS# 50197252 for the combined offering.
Key Highlights
- Established Devils Lake Inn boutique lodging with custom‑themed guest suites and upscale finishes
- Sale includes business website plus all furniture, de9cor, bedding, and appliances to continue operations
- Additional retail space on‑site leased on a month‑to‑month basis
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 49253, MI
3,095
Population
2,196
Households
1.4
Avg Household Size
50
Median Age
36%
College-Educated
96%
High-School Grad
23.6 sq mi
ZIP Area
131
Density / Sq Mi
$79,946
Median Household Income
$48,375
Median Earnings
$1,109
Median Rent
$226,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Turn-key boutique inn with custom-themed guest suites and an added retail space leased on a month-to-month basis.
Where is this hotel located?
The property is located at 103 Walnut Street Manitou Beach, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Established Devils Lake Inn boutique lodging with custom‑themed guest suites and upscale finishes; Sale includes business website plus all furniture, de9cor, bedding, and appliances to continue operations; Additional retail space on‑site leased on a month‑to‑month basis
