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4871 Us Highway 31 N, Central Lake, MI 49622

$1,850,000
  • 4871 Us Highway 31 N, Central Lake, MI 49622 Main Photo

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Active
MLS#25046291
STATUSActive PROPERTY TYPECommercial - Business SCHOOLCentral Lake

Property 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. Income statements and disclosures are available upon request with a signed NDA.

4871 Us Highway 31 N | MLS# 25046291

This commercial property located at 4871 Us Highway 31 N, Central Lake, MI 49622 is currently listed for sale with an asking price of $1,850,000. Us Highway 31 N is located within the Central Lake school district. Search Central Lake real estate on www.teamchildersrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Wall Unit(s)
Heating: Forced Air
Lot Size: 2.76 Acres
Roof Type: Composition
Taxes: $9,000
Year Built: 1952

Feature Descriptions

Business Type: Other
Days on Site: 173
Foundation: Slab
Interior: Broadband
Lot Dimensions: Irregular
Parcel Number: 05-14-312-017-11
Parking Total: 50
Road Surface: Paved
Sub Type: Business
Units: 15
Utilities: Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Water: Private Water

Local Schools

School District: Central Lake

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC
Agency Phone: 269-600-4397
Agent Name: Thomas A Rumble

agent picture

Shown By

Agent Name: Julie Childers
Agent Phone: Cell: (517) 673-1829
Agency Title: Key Realty

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 03/02/2026.

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