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15 Baths
5,654 sqft

$1,674,900

4871 US Highway 31 N, Central Lake MI, 49622

Price per sqft$296.23
Built in1952
Property size5,654 sqft
Property typeCommercial
Courtesy of Thomas A Rumble, EXP Realty LLC

Overview

Active

Listed Sep 10, 2025

Updated 3 weeks ago

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 gem of a property.

Additional information

MLS® ID
25046291

Interior Features

Bathrooms
15
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.76 Acres

Other Property Details

Taxes
$9,000
Tax Frequency
Annually
MLS provider logo

Courtesy of EXP Realty LLC

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Data last updated 9/17/2026

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