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    Alger, MI
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    Alger, MI Motels for Sale

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    9-Room Motel With On-Site Living
    Updated: Mar 8
    9-Room Motel With On-Site Living

    1396 N M 76 Road, Alger, MI 48610

    $180,000
    6,500 sqft 0.77 AC lot
    0.77‑acre motel property with 6,500 SF and 9 rooms plus living quarters
    As‑is sale; motel has been closed for a number of years, structure “all looks sound”
    Asphalt roof replaced in 2016; septic and well upgrades completed in 2018
    Brick on cement slab foundation with heated hallways created by later wood enclosure
    Two 200 amp circuit breaker panels and energy‑efficient window replacements
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Alger, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    49-Unit Motel with Pool & Hot Tub
    49-Unit Motel with Pool & Hot Tub

    4909 Salling Avenue, Lewiston, MI 49756

    $950,000
    29,177 sqft 5.00 AC lot

    49-unit motel in zoning CV with pool/sauna/hot tub, fitness room, in-house laundry, and on-site parking.

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    49-Unit Motel in Lewiston, MI
    49-Unit Motel in Lewiston, MI

    4909 Salling Ave, Lewiston, MI 49756

    Contact for pricing
    29,177 sqft

    49-unit motel with pool, sauna, and snowmobile trail access.

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    Well-Maintained Motel with Home
    Well-Maintained Motel with Home

    1024 S I 75 Business Loop, Grayling, MI 49738

    $694,900
    4.86 AC lot

    A 22-unit motel property on 4.86 acres with a connected 1,800 sq ft residence and extensive parking.

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    22-Unit Motel with Connected Residence
    22-Unit Motel with Connected Residence

    1024 I-75 Business, Grayling, MI 49738

    $694,900
    10,261 sqft 4.86 AC lot

    Well-maintained 22-unit motel on 4.86 acres with a connected 1,800-square-foot residence and ample parking.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

    7900,7990,7996 N Alger Road, Alma, MI 48801

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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    Waterfront Buildable Land
    Waterfront Buildable Land

    6785 Fouch Road, Traverse City, MI 49684

    $250,000
    2.69 AC lot

    Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

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    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    0.60-acre vacant lot on a hard corner in Canton.

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    High-Visibility Highway Commercial Land
    High-Visibility Highway Commercial Land

    Blue Star Highway lot: 2, Fennville, MI 49408

    $300,000
    2.75 AC lot

    Cleared highway exit land in a C-3 district for a range of commercial and service uses.

    View details

    Alger, MI Motels Market Trends and Statistics

    Explore 1 motels for sale in Alger, MI on our real estate platform. These investment opportunities span a total of 6,500 square feet of properties for sale, with an estimated market value of $180,000.

    Sale prices for motels in Alger, MI average $180,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Campgrounds 1
    Motels 1

    Demographics Overview

    Population 3,261
    Population Growth (5Y) +13.5%
    Median Household Income $54,665
    College Educated 20.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Arenac County

    New Delisted

    Total CRE Inventory on Market (SF)

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