4871 US Highway 31 N new Save Request In-Person Tour Request Virtual Tour
Central Lake,MI 49622
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,654 sqft
Price per Sqft $327
Municipality Torch Lake Twp
MLS Listing ID 25046291
Full Baths 15
Year Built 1952
Annual Tax Amount $9,000
Tax Year 2024
Lot Size 2.755 Acres
Acres 2.76
Lot Dimensions Irregular
Property Sub-Type Business
Source Michigan Regional Information Center (MichRIC)
Property Description
Income-earning and living opportunities like this only come along once in a lifetime. Located in one of the most picturesque locations in Michigan, minutes to Torch Lake & Lake Michigan, and a short drive to Elk Rapids or Charlevoix. Situated very close to a beautiful State Park (Barnes) along the shores of Lake Michigan & in proximity to an abundance of restaurants, wineries, vineyards, and orchards. Updated in 2016 with the addition of 6 new standalone cottages and a complete update of the 8 other motel rooms. The highly sought-after and highly reviewed Torch Bay Inn not only features updated and very welcoming rooms, but is also maintained and operated by its owners to make every guest feel like family and provide a relaxing and enjoyable stay. The pride of ownership is abundant from the time you walk in to the time you spend enjoying the patio, gardens, and the gas fire pit seating area. The property features a large 2-bedroom living area that could accommodate a full-time live-in manager or an on-site owner operator, ample parking for guests, an oversized 2 stall garage/workshop, an expanded area for boat trailers & campers, plus enough land to expand the operations for more cabins. Meticulously maintained, and attention to detail went into every aspect of this high-producing gem of a property. Income statements and disclosures are available upon request with a signed NDA. More pictures and video will be uploaded on Sept 15, 2025. Stay tuned for an incredible tour. manager or an on-site owner operator, ample parking for guests, an oversized 2 stall garage/workshop, an expanded area for boat trailers & campers, plus enough land to expand the operations for more cabins. Meticulously maintained, and attention to detail went into every aspect of this high-producing gem of a property. Income statements and disclosures are available upon request with a signed NDA. More pictures and video will be uploaded on Sept 15, 2025. Stay tuned for an incredible tour.
Location
State MI
County Antrim
Area Outside Michric Area - Z
Direction North of Elk Rapids or South of Charlevoix US-31
Interior
Interior Features Broadband
Heating Forced Air
Cooling Central Air,Wall Unit(s)
Inclusions Real Estate, Inventory, Furniture
Exterior
Utilities Available Natural Gas Available,Electricity Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 50
Building
Foundation Slab
Water Private Water
New Construction No
Schools
School District Central Lake
Others
Tax ID 05-14-312-017-11
Ownership Proprietorship
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash