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    Family-Run Motel with Owner Residence Title is generated by Realmo AI

    519 Lake Street, Frankfort, MI 49635

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    Claim this Listing
    For Sale
    $1,100,000

    COMMERCIAL - Frankfort, MI

    Property size:
    4,033 SF
    Lot size:
    0.97 Acres
    Price / SF:
    $272/SF
    Added:
    Aug 23, 2025
    Days on Market:
    318
    Last Refresh:
    Jul 6 at 4:06 pm

    Property Features for 519 Lake Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Exterior features
    Vinyl, Aluminum, Brick
    Standard status
    Active
    Size
    4,033 SF
    Lot size
    0.97 Acres

    Taxes and HOA fees

    Tax Description
    Lengthy Legal

    Utilities

    Water source
    Private

    Building Details

    Building materials
    Frame
    Roof type
    Asphalt

    We can help!

    Contact an agent
    Kari King

    Listing agent Kari King License #6501404677

    Listing office Century 21 Northland-Frankfort 408 Main Street PO Box 2216, MI

    Listing date Aug 23, 2025

    MLS# 1937875

    Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Well‑established motel built in 1988 with 9 guest rooms on‑site
    • Room mix includes 4 rooms with two full beds, 2 rooms with three full beds, and 3 rooms with queen beds
    • Owner’s home includes a studio apartment on the second level, plus the home doubles as the check‑in area
    • Recent upgrades include new heating/cooling units, new beds, new carpeting, updated bathrooms in every room, and a new roof
    • Additional improvements for the motel include a sealed driveway, underground electric, and new gas lines
    • Property grounds feature a creek, gazebo, and picnic area

    Overview

    This family-run motel property was built in 1988 and includes 9 guest rooms, with 4 rooms containing two full beds, 2 rooms containing three full beds, and 3 rooms with queen beds. The owner’s home functions as the check-in area and also includes a single-family residence with a studio apartment on the second level, which can support guest lodging or long-term rental income. The motel grounds feature a creek, gazebo, and picnic area for outdoor use. Recent improvements include new heating/cooling units, beds, carpeting, and updated bathrooms in every room, along with a new roof, sealed driveway, underground electric, and new gas lines for the motel. The home has new windows, a new roof, and the start of renovations to add more living space.

    Located at 519 Lake Street in Frankfort, the property is described as being just steps from downtown Frankfort and the Lake Michigan shoreline. Betsie Bay and the Betsie Valley Bike Trail are across the street, providing direct access to the bike trail and nearby public recreation, dining, and shopping areas.

    The existing motel setup supports straightforward hospitality operations with on-site management, while the property is also presented as flexible for future changes. Potential exists to reconfigure the layout, create additional guest accommodations, or consider alternative hospitality uses, depending on the operator’s goals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Parts Store Dental Office Department Store Kitchen & Bath Showroom Discount Store Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

    Similar Places Nearby

    • The Leelanau Cottage — 719 Leelanau Ave, Frankfort, MI 49635
    • The Restoration Cottage — 207 7th St, Frankfort, MI 49635
    • The Bayside Cottage — 719 Forest Ave, Frankfort, MI 49635
    • Bay Port Lodging — 911 Forest Ave, Frankfort, MI 49635
    • R & R Motel — 541 Lake St, Frankfort, MI 49635

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Benzie
    State
    Michigan
    Longitude
    -86.219986
    Latitude
    44.626048

    FAQs

    What type of property is this?
    Motel - Motel with 9 guest rooms and an on-site owner residence, supported by recent upgrades and updated guest bathrooms.
    Where is this motel located?
    The property is located at 519 Lake Street Frankfort, MI.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Well‑established motel built in 1988 with 9 guest rooms on‑site; Room mix includes 4 rooms with two full beds, 2 rooms with three full beds, and 3 rooms with queen beds; Owner’s home includes a studio apartment on the second level, plus the home doubles as the check‑in area
    More about this property
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