Central Lake, MI Motels for sale

Updated: Sep 5, 2025

Updated Motel With Standalone Cottages

4871 US Highway 31 N, Central Lake, MI 49622

$1,674,900

5,654 sqft 2.76 AC lot

6 standalone cottages added in 2016
8 motel rooms received a complete update in 2016
5,654 square feet of improvements on 2.76 acres
Two‑bedroom living area for an on‑site manager or owner‑operator
Oversized 2‑stall garage/workshop plus boat trailer and camper area

View details

Updated: Aug 26, 2025

Motel with Standalone Cottages

Central Lake, MI 49622

$1,674,900

5,654 sqft

6 standalone cottages added in 2016
8 motel rooms comprehensively updated in 2016
Two‑bedroom living area for an on‑site owner or manager
Oversized 2 stall garage/workshop
Expanded area for boat trailers and campers

View details

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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Central Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Boardman Riverfront Resort

6841 Brown Bridge Road, Traverse City, MI 49696

$2,950,000

10,404 sqft 40.00 AC lot

Lodging, dining, campsites, recreation facilities, and event space bring multiple operations together on one resort property.

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Four-Season Riverfront Resort

6841 Brown Bridge Road, Traverse City, MI 49696

$3,500,000

10,404 sqft 40.00 AC lot

Multi-use hospitality property combining lodging, dining, recreation, camping, and event facilities in a natural setting.

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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 Kitchenettes

1024 I-75 Business, Grayling, MI 49738

$694,900

10,261 sqft 4.86 AC lot

Motel property with kitchenette units, an attached residence, and a separate maintenance building.

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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.

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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Central Lake, MI Motels Market Trends and Statistics

Explore 2 motels for sale in Central Lake, MI on our real estate platform. These investment opportunities span a total of 11,308 square feet of properties for sale, with an estimated market value of $3,349,800.

Sale prices for motels in Central Lake, MI average $1,674,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49622	$1.7M

Neighborhood

Average Price

49622

$1.7M