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$ 1,850,000
Est. payment | /mo
5,654 SqFt
$ 1,850,000
Est. payment | /mo
5,654 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,654 sqft
Price per Sqft $327
Subdivision Mi
MLS Listing ID 70492942
Year Built 1952
Annual Tax Amount $9,000
Tax Year 2024
Lot Size 2.760 Acres
Acres 2.76
Lot Dimensions Irregular
Property Sub-Type Business
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
Location
State MI
County Antrim
Area Torch Lake Twp (05014)
Interior
Heating Forced Air
Exterior
Parking Features 21+ Spaces
Roof Type Composite
Building
Structure Type Frame,Wood
Others
Energy Description Electric,Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty LLC
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