Turnkey Cabin Resort with Expansion
For Sale
$750,000
11481 Main St, Honor, MI 49640
Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan
Property Size3,715 SF
Lot Size10.00 Acres
Price / SF$201.88
Days on Market149
Property Features for 11481 Main St
General Information
Standard status
Active
Property type
Short term rental properties, Motels, Resorts, Multifamily properties, Hospitality properties
Size
3,715 SF
Class
A
Lot size
10.00 Acres
Building Details
Year Built
1950
Buildings
5
Stories
1
Units
9
Listing Agency:
(231) 668-6303
Listed By:
Ken
(231) 668-6303
Added: Mar 25
Changed: Apr 8
Investment Insights
Based on property information with market context.
Located in Honor, Michigan, this turnkey cabin resort features eight updated rental cabins across three buildings. The property includes five studio units and three one-bedroom cabins, each offering modern updates, heat, air conditioning, private decks, picnic tables, and select kitchenettes. Situated on approximately 4.98 acres, the property includes over 3,700 square feet of improvements, along with a large front building that serves as an office, game room, storage area, and garage. This flexible space offers potential for additional revenue streams such as a small retail shop, rental office expansion, or guest amenities. The location is near Sleeping Bear Dunes National Lakeshore, Platte River, Crystal Lake, and numerous canoe liveries, hiking trails, and outdoor recreation opportunities. Honor is a growing tourism hub with proximity to Traverse City, providing access to Cherry Capital Airport, Munson Medical Center, dining, shopping, and year-round attractions. The property is positioned to attract vacation rental demand. The site totals nearly 10 acres.
Key Highlights
- Turn key operation
- Great marketing
- Good tourist location near Sleeping Bear Dunes and Traverse City
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
Demographics for 49640, MI
1,501
Population
1,236
Households
1.2
Avg Household Size
53
Median Age
42%
College-Educated
92%
High-School Grad
64.0 sq mi
ZIP Area
23
Density / Sq Mi
$83,750
Median Household Income
$36,071
Median Earnings
$805
Median Rent
$285,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan
Where is this short term rental property located?
The property is located at 11481 Main St Honor, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Turn key operation; Great marketing; Good tourist location near Sleeping Bear Dunes and Traverse City
