4871 Us Highway 31

Central Lake, MI 49622
  • $1,850,000

    Price
  • 0

    Bed
  • Bath
  • 5,654

    SqFt

About the Listing 77593 - 577919

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

Listing Highlights for 4871 Us Highway 31

Status Active
Days on Site 4
Property Type Business Opportunity
MLS ® 70492942
Year Built 1952
Total Square Footage 5,654
Lot/Acreage 2.76

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 5654
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: Irregular
  • Roof: Composite
  • Others:
  • Sewer:
  • Parking Features: 21+ Spaces

Financial Details

  • Tax Amount: $9,000
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

4871 Us Highway 31 Central Lake, MI 49622

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Greater Regional Alliance of REALTORS

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way