Discover an unparalleled opportunity to acquire a premier resort property in one of Northern Michigan’s most desirable locations — mere steps from the renowned sandbar of Torch Lake. This distinctive offering comprises two separate parcels.
The first features a fully renovated 14-unit motel, meticulously updated and poised for immediate cash flow generation. Several units include pass-through doors, allowing for seamless conversion into larger multi-room suites, perfect for accommodating groups and families. The second parcel boasts a charming 3-bedroom, 2-bath home, ideal for on-site management or as a source of additional short or long-term rental income. With a limited number of lodging options in the vicinity, demand remains exceptionally robust, ensuring minimal vacancy during the bustling summer season.
Guests will appreciate abundant on-site parking, potential for expansion, a fully equipped commercial kitchen, lobby office, pavilion, and a backup generator for the entire building. A comprehensive fire suppression system adds an extra layer of safety. Strategically located for guests to relish all that the region has to offer, this property is a short drive from Elk Rapids, Alden, and Traverse City.
Whether you’re seeking a turnkey investment, looking to grow your hospitality portfolio, or aiming to launch a lakeside business venture, this rare Torch Lake offering presents a prime location with outstanding income potential!
Contact Ken Weaver for details
MICHIGAN CAMPGROUNDS and RESORTS 