Listing Agency: REMAX Bayshore - Union St TC

Listed By: Christina Ingersoll · License #6501279134 Show Phone

Source: Bestemanproperties

Added: Sep 22 Changed: Oct 29 Last Checked: Nov 3 at 6:01AM

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Investment Insights

Based on property information with market context.

This operating bed-and-breakfast pairs four studio guest suites with an attached owner’s home. The guest area includes a shared lounge, while the residence has a main-floor kitchen, living room, and primary suite. A finished walkout lower level adds two flex rooms, a full bath, and a living area; plumbing is in place for a kitchen. The heated garage measures 30x24. The property encompasses more than 5.5 wooded acres and 402 feet of private frontage on no-wake Lake View, with trails and a beach cabana near the shore.

Lake Ann is about one minute away, and Traverse City is approximately 15 minutes away. The property has been split, and zoning permits accessory dwellings.

Key Highlights

• Operating bed‑and‑breakfast with four studio‑style guest suites
• More than 5.5 wooded acres and 402 feet of private frontage on no‑wake Lake View
• Attached owner’s residence with main‑floor kitchen, living room, and primary suite

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Bed & breakfasts

Suggested Use

Top Pick Parking Lot & Garage Building Supply Dental Office Big Box & Wholesale Store Garden Center Hair 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

14

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 49650, MI

3,215

Population

1,451

Households

2.2

Avg Household Size

41

Median Age

38%

College-Educated

98%

High-School Grad

24.0 sq mi

ZIP Area

134

Density / Sq Mi

$91,108

Median Household Income

$43,858

Median Earnings

$1,303

Median Rent

$238,400

Median Home Value

Frequently Asked Questions

What type of property is this?

Bed & breakfast - Four guest studios sit alongside a separate owner’s residence, with wooded grounds and private lake frontage.

Where is this bed & breakfast located?

The property is located at 7103 Lake View Ridge Lake Ann, MI.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: Operating bed‑and‑breakfast with four studio‑style guest suites; More than 5.5 wooded acres and 402 feet of private frontage on no‑wake Lake View; Attached owner’s residence with main‑floor kitchen, living room, and primary suite