Building Details

Year Built 1920

Listing Agency: Foundation Realty, LLC m***@tc3net.com Show Phone

Listed By: Manitou Beach

Source: Xome

Added: May 31 Changed: Sep 1 Last Checked: Sep 5 at 6:00AM

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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.

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

Hotels

Suggested Use

Top Pick Furniture & Home Goods Carpet & Flooring Store Pharmacy Hair Salon Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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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What type of property is this? Where is this hotels located? What is the asking price? Find similar properties What are key features of this property?

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