Motel With Standalone
For Sale
$1,674,900
4871 N US-31, Eastport, MI 49627
Commercial/Industrial, Eastport, MI
Property Size4,800 SF
Lot Size2.78 Acres
Price / SF$348.94
Days on Market78
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
Electric (Heating), Natural Gas, Baseboard, Hot Water(Heating), Heat Pump (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: Jul 11
Changed: Sep 23
Last Checked: Sep 26 at 6:06AM
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.
This motel property includes six standalone cottages and eight additional motel rooms, with the rooms comprehensively updated in 2016. The improvements also include a spacious two-bedroom living area, an oversized two-stall garage and workshop, guest parking, and an expanded area for boat trailers and campers. Outdoor features include a patio, gardens, and a gas fire pit seating area. The property is built with wood-frame construction, uses a shingle roof, and has well water. Heating systems include electric, natural gas, heat pump, baseboard, and hot water components.
The 2.78-acre property is located near Torch Lake and Lake Michigan, with Barnes State Park, restaurants, wineries, vineyards, and orchards in the surrounding area. Elk Rapids and Charlevoix are within a short drive. Zoned Improved Commercial, the property also includes land identified for additional cabin expansion.
The 2.78-acre property is located near Torch Lake and Lake Michigan, with Barnes State Park, restaurants, wineries, vineyards, and orchards in the surrounding area. Elk Rapids and Charlevoix are within a short drive. Zoned Improved Commercial, the property also includes land identified for additional cabin expansion.
Key Highlights
- Six standalone cottages added in 2016
- Eight motel rooms received a complete update in 2016
- 2.78‑acre property with 4,800 square feet of improvements
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
30
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
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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 - Lodging property with guest accommodations, an on-site two-bedroom residence, workshop space, and expanded recreational-vehicle parking.
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 $1,674,900.
What are key features of this property?
This property features: Six standalone cottages added in 2016; Eight motel rooms received a complete update in 2016; 2.78‑acre property with 4,800 square feet of improvements
