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Bridgewalk Estates Boutique Hotel 2287 S Main St 5 Room Bed and Breakfast Central Lake, MI 49622 $850,000 ($170,000/Room)
Executive Summary
Bridgewalk Estates, nestled in the heart of Central Lake, is a boutique hotel and event space where rustic charm meets modern comfort. The hotel boasts 5 beautifully decorated suites, each with a private bath, a beautiful sitting room, a piano room, a large dining area, a shared kitchen, and laundry on the premises. The lower level has been thoughtfully reimagined as a speakeasy/barrel room and can host guests on-site or be rented for special events. There is even an owner's suite with a bath located just off the garage, which has all just been remodeled. The whimsical grounds include a Knowles Creek, which meanders through the property, a deck overlooking the area, a fire pit, and various lounging areas. All while being in the heart of Central Lake; walk to stores, Mammoth, and Fudgies. Minutes from a public boat launch and park to enjoy Intermediate Lake. Plus, you are not far from fun neighboring towns like Bellaire, Charlevoix, and Bay Harbor. This successful hotel is currently income-producing but has even more potential to expand its revenue with strategic marketing and event planning. Collaborations in the region with vendors are a key avenue to pursue for new owners. This is a MUST-see to truly understand the beauty and potential of the space. The Hotel comes turn-key with all items included, making this a wonderful opportunity to take the keys and continue bookings throughout the coming seasons.
Property Facts
| Price | $850,000 | Building Size | 3,200 SF |
| Price Per Room | $170,000 | No. Rooms | 5 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1895 |
| Property Subtype |
| Price | $850,000 |
| Price Per Room | $170,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | |
| Building Size | 3,200 SF |
| No. Rooms | 5 |
| No. Stories | 2 |
| Year Built | 1895 |
Amenities
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 5 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 05-42-100-003-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $118,900 |
Property Taxes
Parcel Number
05-42-100-003-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$118,900
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Bridgewalk Estates Boutique Hotel | 2287 S Main St
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