Commercial For Sale: USA Michigan Frankfort 519 Lake Street
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$1,200,000 USD

519 Lake Street
Frankfort, Michigan 49635
USA
374.666 m2 :: 4,033 sqft
Commercial for Sale, Hospitality
Land size: 0.39 ha :: 0.97 acres
Sale price per sqm: 3,202.75
CENTURY 21 Northland
408 Main Street - P.O. Box 2216
Frankfort, Michigan 49635, United States
Phone: 2313527123

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Remarks:

Discover a rare chance to own a family-run motel and home just steps from downtown Frankfort and the Lake Michigan shoreline. This well-established business has been lovingly maintained by the original owners and boasts a loyal client base of repeat guests who return year after year. The picturesque grounds feature a charming creek, gazebo, and picnic area—perfect for relaxation and outdoor gatherings. Directly across the street lies the scenic Betsie Bay and the Betsie Valley Bike Trail, offering easy access to both Frankfort and Elberta's shops, restaurants, theater, library, public boat launch and the stunning beaches of Lake Michigan. The motel includes 9 guest rooms including 4 rooms with two full beds, 2 rooms with three full beds and 3 rooms with queen beds. There is also potential to create additional guest accommodations or reconfigure the layout to fit a new vision. The owner's home doubles as the check-in area and includes a comfortable single-family residence with a studio apartment on the second level, ideal for guest lodging or long-term rental income. Recent upgrades provide peace of mind include new heating/cooling units, beds, carpeting, and updated bathrooms in every room. A new roof, sealed driveway, underground electric, and new gas lines for the motel. The home has new windows, roof and the start of renovations to finish off more living space. This property presents endless possibilities—expand the motel, transform it into a charming Bed & Breakfast, add an event venue, or create additional guest accommodations. Situated along the iconic M-22 Scenic Drive, this location is unbeatable—just minutes from Sleeping Bear Dunes National Lakeshore, Crystal Lake, world-class trout streams, and endless hiking and biking trails. Guests can enjoy the best of northern Michigan right outside their door. A rare turnkey opportunity to own a thriving hospitality business in one of Michigan's most beloved destinations.

Features:

  • Year Built: 1966
  • Construction: Wood Frame, Brick
  • Exterior Description: Vinyl Siding, Aluminum Siding
  • Utilities: Well, Public Sewer
  • Heating System: Forced Air, Gas, Heat Pump
  • Cooling System: Central Air Conditioning-Electric, Wall Unit
  • Lot Description: Corner Lot
  • Basement and Foundation: Unfinished, Crawl Space
  • Roofing: Shingle-Asphalt

Location:

519 Lake Street, Frankfort, Michigan 49635, USA
Listed By CENTURY 21 Northland

The Commercial for Sale, Hospitality located at 519 Lake Street, Frankfort, Michigan 49635, USA is currently for sale. 519 Lake Street, Frankfort, Michigan 49635, USA is listed for $1,200,000 USD. This property has 4,033 sqft. If the property located at 519 Lake Street, Frankfort, Michigan 49635, USA isn't what you're looking for, search Michigan Real Estate to see other Commercial For Sale in Frankfort.

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