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Charlevoix, MI Motels for Sale

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East Jordan, MI Ellsworth, MI Boyne City, MI Central Lake, MI Eastport, MI Petoskey, MI Kewadin, MI Northport, MI
Charleboyne Motel on Boyne City Road
Updated: Jul 27, 2024
Charleboyne Motel on Boyne City Road

12731 Boyne City Road, Charlevoix, MI 49720

$695,000
Over 530 feet of frontage on Boyne City/Charlevoix Road and just off US 31.
Two parcels included: one commercial and one vacant residential.
Eleven motel units plus owner living quarters and office.
Two‑car garage included.
Established business: operating as a motel since the early 1950s.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Charlevoix, 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.

Grand Traverse Motel For Sale
Grand Traverse Motel For Sale

1010 E Front Street, Traverse City, MI 49686

$2,300,000
8,062 sqft 0.49 AC lot

Well-located 18-room motel near downtown Traverse City.

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Motel and Cottage Hospitality Property
Motel and Cottage Hospitality Property

4871 US Highway 31 N, Central Lake, MI 49622

$1,850,000
5,654 sqft 2.76 AC lot

Updated motel rooms and six standalone cottages with on-site manager space, garage/workshop, and ample guest parking.

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Four-Season Resort With River Frontage
Four-Season Resort With River Frontage

6841 Brown Bridge Road, Traverse City, MI 49696

$3,500,000
10,404 sqft 40.00 AC lot

Resort offers 15 motel units, full-service restaurant seating 147, meeting space, campsites, and 1,300 feet of Boardman River frontage.

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Hotel and Cottage Property
Hotel and Cottage Property

Central Lake, MI 49622

$1,850,000

Updated in 2016 with six new standalone cottages and refreshed motel rooms, plus an on-site 2-bedroom living area.

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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
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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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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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.

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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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Charlevoix, MI Motels Market Trends and Statistics

Explore 1 motels for sale in Charlevoix, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $695,000.

Sale prices for motels in Charlevoix, MI start at $695,000, averaging $695,000, and reaching up to $695,000 — 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

Bed & breakfasts 2
Motels 1

Demographics Overview

Population 9,113
Population Growth (5Y) +4.2%
Median Household Income $76,127
College Educated 26.3%

High-Yield Neighborhoods for Investment

Identify Charlevoix submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49720 $695K

Taxes & Financing

Tax Rate (average for all types) 3.34%
Property Tax per SF $1.89 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Charlevoix County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Charlevoix County

Residential Income

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