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Boutique Inn with Guest Suites

175 Walnut Street, Manitou Beach, MI 49253

For Sale
$325,000

An operating lodging business includes a separate apartment leased through September 2026.

Property Size2,128 SF
Price / SF$152.73
Days on Market156

Property Features for 175 Walnut Street

General Information

Standard status Active
Size 2,128 SF
Property subtype Commercial

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Business Included Yes

Building Details

Building Size 2,128 SF
Year Built 1920
Buildings 1
Listing Agency: Foundation Realty, LLC - Manitou Beach
Listed By: Holly Griewahn · License MI #6501408612
Source: Housewant
Added: Jun 11 Changed: Nov 11 Last Checked: Nov 13 at 6:13PM

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 - Manitou Beach

Rey
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Investment Insights

Based on property information with market context.

This 2,128-square-foot inn, built in 1920, operates with custom-themed guest suites and an additional apartment. The sale includes the established website, furniture, décor, bedding, and appliances. The separate apartment is leased through September 2026.

At 175 Walnut Street in Rollin Township, the property is described as steps from Devils Lake, restaurants, boutiques, galleries, and year-round entertainment in Manitou Beach.

Key Highlights

  • 2,128‑square‑foot hospitality property built in 1920
  • Custom‑themed guest suites and a separate apartment leased through September 2026
  • Sale includes the website, furniture, décor, bedding, and appliances

Property Analytics

Who owns this building? See the owner, sales and loan history
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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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - An operating lodging business includes a separate apartment leased through September 2026.
Where is this hotel located?
The property is located at 175 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: 2,128‑square‑foot hospitality property built in 1920; Custom‑themed guest suites and a separate apartment leased through September 2026; Sale includes the website, furniture, décor, bedding, and appliances
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