Properties

Address Map
US
MI
Rapid City
49676
49676
W86° 40' 10.2''
N44° 50' 59.4''
Contact Info
Johnny Crane
1067994
Property Description

An exceptional opportunity to own a resort property in one of Northern Michigans most sought-after destinations – just steps from Torch Lakes legendary sandbar. This unique offering includes two separate parcels. The first features a completely updated 14-unit motel, thoughtfully updated and ready to generate immediate cash flow. Several rooms are equipped with pass-through doors, easily converting into larger multi-room suites to accommodate groups and families. The second parcel includes a 3-bed, 2-bath home, ideal for on-site manager accommodations or additional short or long-term rental income. With very few lodging options in the area, demand remains exceptionally strong, delivering minimal vacancy throughout the summer season. Guests will appreciate ample on-site parking, potential room to expand, a full commercial kitchen, lobby office, pavilion, and a whole-building generator. A comprehensive fire suppression system provides added peace of mind. Perfectly positioned for guests to enjoy everything the region has to offer, this property sits just a short drive from Elk Rapids, Alden, and Traverse City. Whether pursuing a turnkey investment, expanding a hospitality portfolio, or launching a lakeside business venture, this rare Torch Lake offering delivers location and income potential!

12800 & 12862 Cherry Avenue

Rapid City, Michigan 49676, United States

  • Square Footage: 86,248.80 Sqft
$1,600,000
Listing ID#236122
QR Code
Basic Details
Property Type : Commercial
Listing Type : Active
Listing ID : 236122
Ref ID : 420720326
Price : $1,600,000
Square Footage : 86,248.80 Sqft
Lot Area : 1.98 Sqft
MLS : 1940086
Office ID : MI301-058
Currency Converter
Agent info
Johnny Crane
Michigan Real Estate
Michigan Real Estate
Contact Agent