Torch Bay Inn Motel with
For Sale
$1,850,000
4871 N US-31, Eastport, MI 49627
COMMERCIAL - Eastport, MI
Property Size4,800 SF
Lot Size2.78 Acres
Price / SF$385.42
Days on Market48
Property Features for 4871 N US-31
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Improved Commercial
Elementary school district
Charlevoix
Middle school district
Charlevoix
High school district
Charlevoix
Directions
US31 From Elk Rapids North to Address
Subdivision
Torch Lake
Standard status
Active
APN
05-14-312-017-11
Size
4,800 SF
Lot size
2.78 Acres
Taxes and HOA fees
Tax Description
COM AT THE NE 1/4 OF SEC 12; TH S 88 DEG W 1057.89 FT ALG N SEC LINE TO A PT IN THE C/L OF BARNES RD
Legal Description
COM AT THE NE 1/4 OF SEC 12; TH S 88 DEG W 1057.89 FT ALG N SEC LINE TO A PT IN THE C/L OF BARNES RD
Utilities
Heating system
Baseboard, Electric (Heating), Heat Pump (Heating), Natural Gas, Hot Water(Heating)
Water source
Well
Amenities
patio
gardens
gas fire pit seating area
Building Details
Year built
1959
Building materials
Wood Frame
Roof type
Shingle
Listing Agency:
EXP Realty
(269) 600-4397
Listed By:
Tom Rumble · License #6501299700
(888) 501-7085
Added: Jun 26
Changed: Aug 4
Last Checked: Aug 12 at 1:06AM
MLS# 477666
Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Torch Bay Inn is a motel property offering a mix of guest rooms and additional standalone lodging. Updates were completed in 2016, including the addition of 6 new standalone cottages and a complete update of the other 8 motel rooms. The property also includes a large 2-bedroom living area that could support a full-time live-in manager or an on-site owner-operator.
Set on 2.78 acres at 4871 N US-31 in Eastport, the inn is positioned minutes to Torch Lake and Lake Michigan, with Barnes State Park located very close to the property. The area also offers nearby dining and wineries, along with vineyards and orchards.
On-site amenities support guest and outdoor activity use, including ample parking, an oversized 2-stall garage/workshop, and an expanded area for boat trailers and campers. The property is wood frame with a shingle roof and is served by a well for water. Heating includes heat pump, electric, natural gas, hot water, and baseboard systems, and the property was built in 1959.
Set on 2.78 acres at 4871 N US-31 in Eastport, the inn is positioned minutes to Torch Lake and Lake Michigan, with Barnes State Park located very close to the property. The area also offers nearby dining and wineries, along with vineyards and orchards.
On-site amenities support guest and outdoor activity use, including ample parking, an oversized 2-stall garage/workshop, and an expanded area for boat trailers and campers. The property is wood frame with a shingle roof and is served by a well for water. Heating includes heat pump, electric, natural gas, hot water, and baseboard systems, and the property was built in 1959.
Key Highlights
- Updated in 2016 with 6 new standalone cottages and a complete update of the other 8 motel rooms
- Large 2‑bedroom living area suited for a full‑time live‑in manager or on‑site owner‑operator
- 2.78‑acre property with ample parking and space for boat trailers and campers
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49627, MI
176
Population
236
Households
0.7
Avg Household Size
58
Median Age
46%
College-Educated
100%
High-School Grad
1.6 sq mi
ZIP Area
110
Density / Sq Mi
$62,917
Median Household Income
$48,917
Median Earnings
$550,000
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Torch Bay Inn and Cottages — 4871 US-31, Eastport, MI 49627
Frequently Asked Questions
What type of property is this?
Motel - Updated Torch Bay Inn motel with standalone cottages, guest parking, and on-site accommodations near Lake Michigan.
Where is this motel located?
The property is located at 4871 N US-31 Eastport, MI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Updated in 2016 with 6 new standalone cottages and a complete update of the other 8 motel rooms; Large 2‑bedroom living area suited for a full‑time live‑in manager or on‑site owner‑operator; 2.78‑acre property with ample parking and space for boat trailers and campers
