Commercial Sale in Eastport

$1,850,000

4871 US-31, 49627, Eastport, MI

Commercial Sale for sale in Eastport, 4871 US-31, 49627, 4800 m²

4871 US-31, 49627, Eastport, MI

$1,850,000

16Bed
4800
Type: Commercial Sale

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.

Location

4871 US-31, 49627, Eastport, MI

Data

Object TypeCommercial Sale
Purchase Price$1,850,000
Living Space4800 m²
Plot Size11250.27 m²
BathroomsN/A
Construction Year1959
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas, Electric, Hot Water Baseboard, Heat Pump
Primary Energy SourceN/A
Construction Year1959
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent