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    Beulah, MI Benzonia, MI Arcadia, MI Honor, MI Bear Lake, MI Thompsonville, MI Empire, MI Interlochen, MI
    Motel With Owner Residence
    Updated: Aug 23, 2025
    Motel With Owner Residence

    519 Lake Street, Frankfort, MI 49635

    $990,000
    4,033 sqft 0.97 AC lot
    Nine guest rooms with 4 rooms offering two full beds, 2 rooms with three full beds, and 3 rooms with queen beds
    4,033‑square‑foot motel property on 0.97 acres
    Owner’s residence functions as the check‑in area and includes a second‑level studio apartment
    New heating/cooling units, beds, carpeting, and updated bathrooms in every guest room
    New motel roof, sealed driveway, underground electric, and new gas lines
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, 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
    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.

    View details
    Seven-Cabin Motel Property
    Seven-Cabin Motel Property

    Free Soil, MI 49411

    $565,000
    3,011 sqft 2.33 AC lot

    Private-bath cabins include a larger unit with a full kitchen and smaller units with microwaves and mini refrigerators.

    View details
    Vintage Cabin Motel
    Vintage Cabin Motel

    Free Soil, MI 49411

    $565,000
    3,001 sqft 2.33 AC lot

    Seven individually equipped cabins with private bathrooms and a larger unit suitable for rental use or an owner residence.

    View details
    Furnished Rental Resort Property
    Furnished Rental Resort Property

    2960 Arbutus Hill Road, Traverse City, MI 49696

    $3,800,000
    36.50 AC lot

    Resort property with furnished accommodations, a main residence, and direct Garfield Road frontage on 36.5 acres.

    View details

    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.

    View details

    Frankfort, MI Motels Market Trends and Statistics

    Explore 1 motels for sale in Frankfort, MI on our real estate platform. These investment opportunities span a total of 4,033 square feet of properties for sale, with an estimated market value of $990,000.

    Sale prices for motels in Frankfort, MI average $990,000 — 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
    Resorts 1

    Demographics Overview

    Population 3,367
    Population Growth (5Y) -2.5%
    Median Household Income $71,875
    College Educated 70.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49635 $990K

    Listings Trend

    New vs delisted commercial listings in Benzie County

    New Delisted

    Total CRE Inventory on Market (SF)

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