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18-Unit Motel

2445 Charlevoix Avenue US 31, Petoskey, MI 49770

For Sale
Contact for pricing

The offering comprises the fee-simple interest in an operating motel property.

Property SizeContact for details
Days on Market16

Property Features for 2445 Charlevoix Avenue US 31

General Information

Standard status Active
Property subtype Hospitality
Listing Agency: Alpine Realty Capital
Listed By: Edward Walsh · License MI #6502348345
Source: Crexi
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 10 at 8:45AM

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 Alpine Realty Capital

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Bay Inn is an 18-unit motel offered as a fee-simple acquisition. The property is at 2445 Charlevoix Avenue, identified as US 31, in Resort Township, Michigan.

Key Highlights

  • 18 motel units
  • Fee‑simple interest
  • Located on Charlevoix Avenue (US 31) in Resort Township, Michigan

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Building Supply Hair Salon Big Box & Wholesale Store Grocery & Convenience Store Auto Parts Store Nail Salon

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

80
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49770, MI

17,643
Population
10,244
Households
1.7
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
109.4 sq mi
ZIP Area
161
Density / Sq Mi
$80,431
Median Household Income
$42,154
Median Earnings
$1,077
Median Rent
$309,900
Median Home Value

Similar Off Market Nearby

  • AmericInn by Wyndham Petoskey — 2645 Charlevoix Ave, Petoskey, MI 49770
  • Petoskey Antiques Show — 1129 Charlevoix Ave, Petoskey, MI 49770
  • Coach House North Motel — 1101 us-31, petoskey, mi 49770
  • GRAND UNITY EVENT CENTER — 1106 charlevoix ave, petoskey, mi 49770

Frequently Asked Questions

What type of property is this?
Motel - The offering comprises the fee-simple interest in an operating motel property.
Where is this motel located?
The property is located at 2445 Charlevoix Avenue US 31 Petoskey, MI.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 18 motel units; Fee‑simple interest; Located on Charlevoix Avenue (US 31) in Resort Township, Michigan
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Includes: Price & PSF · Cap rate · Location · Zoning

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