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Investment Highlights

  • Unique multi-building campus property in Northern Michigan.
  • Flexible layout suitable for hospitality, retreat, educational, wellness, residential, or investment uses.
  • Near Sleeping Bear Dunes National Lakeshore and major recreational destinations.
  • Includes a 10-suite residential/lodging building and separate farmhouse.
  • Features dining facilities, gathering spaces, commercial-style kitchen area, and covered porches.
  • Opportunity for owner-users, operators, or investors seeking a destination-market asset

Executive Summary

Rare opportunity to acquire a distinctive multi-building campus property in the heart of Northern Michigan. Located just minutes from downtown Frankfort, Crystal Lake, Sleeping Bear Dunes National Lakeshore, and the Lake Michigan shoreline, 2123 Grace Road offers a unique combination of privacy, flexibility, and regional appeal.
The property includes a 10-suite residential building totaling approximately 7,980 square feet along with a separate four-bedroom, two-bath farmhouse of approximately 2,700 square feet. Set on roughly three private acres, the improvements support a variety of potential uses, including hospitality, retreat, residential, educational, wellness, or investment-oriented operations. The main building features private suites, gathering areas, dining facilities, commercial-style kitchen space, covered porches, caretaker accommodations, and supporting infrastructure designed to serve group-oriented occupancy.
Northern Michigan continues to attract visitors, seasonal residents, and businesses seeking proximity to the area's recreational and tourism destinations. The property's location provides convenient access to Frankfort's downtown amenities, Crystal Lake, outdoor recreation, and the Lake Michigan shoreline while maintaining a secluded campus-like setting. This offering presents a compelling opportunity for investors and owner-operators seeking a versatile property with established improvements in one of Michigan's premier destination markets.

Property Facts

Price $1,990,000
Price Per Room $199,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 10.00 AC
Building Size 10,680 SF
No. Rooms 10
No. Stories 1
Year Built 1910
Parking Ratio 2/1,000 SF
Zoning Commercial - Commercial Zoned District

Amenities

  • Wheelchair Accessible
  • Smoke-Free
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 10 - -
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
06-001-069-33
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$305,300
  • Listing ID: 41465464

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 2113-2123 Grace Rd, Frankfort, MI 49635

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