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    Motel and Cottage Hospitality Property Title is generated by Realmo AI

    4871 US Highway 31 N, Central Lake, MI 49622

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    For Sale
    $1,850,000

    COMMERCIAL - Central Lake, MI

    Property size:
    5,654 SF
    Lot size:
    2.76 Acres
    Price / SF:
    $327/SF
    Added:
    Sep 5, 2025
    Days on Market:
    305
    Last Refresh:
    Jul 6 at 9:06 am

    Property Features for 4871 US Highway 31 N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    15
    Rooms
    Bathroom 10, Bathroom 7, Bathroom 2, Bathroom 12, Bathroom 13, Bathroom 1, Bathroom 9, Bathroom 8, Bathroom 3, Bathroom 5, Bathroom 15, Bathroom 14, Bathroom 4, Bathroom 6, Bathroom 11
    Parking
    50
    Interior features
    Broadband
    Standard status
    Active
    APN
    05-14-312-017-11
    Size
    5,654 SF
    Lot size
    2.76 Acres

    Taxes and HOA fees

    Tax Year
    2024
    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 FOR POB; TH S 01 D
    Tax Annual Amount
    9000

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Forced Air
    Cooling system
    Wall Unit(s), Central Air
    Water source
    Private

    Building Details

    Year built
    1952
    Number of units
    15
    Roof type
    Composition

    We can help!

    Contact an agent
    Thomas A Rumble
    Thomas A Rumble

    Listing agent Thomas A Rumble License #6501299700

    Listing office EXP Realty LLC 39555 Orchard Hill Pl Ste 600, Novi, MI

    Listing date Sep 5, 2025

    MLS# 25046291

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Updated in 2016 with 6 new standalone cottages and complete updates to 8 motel rooms
    • Torch Bay Inn includes a large 2‑bedroom living area for a live‑in manager or owner‑operator
    • Multiple bathroom rooms included (Bathroom 1–15 listed)
    • Forced‑air heating with central air and wall units; Broadband internet
    • Natural gas available; roof type: composition
    • Oversized 2‑stall garage/workshop plus expanded area for boat trailers and campers

    Overview

    This hospitality property operates as a motel and cottage-style lodging facility, with a combination of 14 units updated in 2016. The improvements include six new standalone cottages and a complete update of the eight other motel rooms. The property also offers a large 2-bedroom living area that can support an on-site manager or an owner-operator, along with outdoor guest amenities centered around a patio, gardens, and a gas fire pit seating area. Operational support includes ample parking for guests, an oversized 2-stall garage/workshop, and an expanded area for boat trailers and campers.

    The property is located in Central Lake, Michigan, at 4871 US Highway 31 N. It is described as minutes to Torch Lake and Lake Michigan, with a short drive to Elk Rapids or Charlevoix. The listing also notes proximity to Barnes State Park along the shores of Lake Michigan.

    For buyers or operators seeking a hands-on hospitality setup, the on-site living space provides flexibility for daily management. The mix of updated motel rooms and standalone cottages supports varied guest stays, while the parking, garage/workshop, and trailer/camper area help accommodate common arrival needs for this type of operation. The property sits on 2.76 acres, with enough land noted for expansion of cabin operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Farmer's Market Fish Market Food Market Wine and Liquor Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Central Lake
    County
    Antrim
    State
    Michigan
    Longitude
    -85.35805
    Latitude
    45.103739

    FAQs

    What type of property is this?
    Motel - Updated motel rooms and six standalone cottages with on-site manager space, garage/workshop, and ample guest parking.
    Where is this motel located?
    The property is located at 4871 US Highway 31 N Central Lake, 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 complete updates to 8 motel rooms; Torch Bay Inn includes a large 2‑bedroom living area for a live‑in manager or owner‑operator; Multiple bathroom rooms included (Bathroom 1–15 listed)
    More about this property
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