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- LoopNet Team
231 Main St
Frankfort, MI 49635
Hotel Frankfort & Restaurant · Hospitality Property For Sale
·
17,152 SF

INVESTMENT HIGHLIGHTS
- Historic 92-year-old boutique hotel centrally located on Frankfort’s Main Street, just two blocks from Lake Michigan’s picturesque beach
- Select larger rooms feature whirlpool tubs or saunas, with some offering 2story layouts. Four rooms have two stories.
- Comprehensive amenities including 43-inch TVs, high-speed Wi-Fi, minifridges, luxury bath products, a bike rack, & luggage storage for early arrivals
- Premier Northern Michigan hotel destination with 17 unique guest rooms, each with a private bath, individual climate control, and curated decor
- Nautical Grill & Spirits, offering craft cocktails, local beers, extensive wine selection with European-style Wine Cell and two event spaces
- Location provides easy access to Frankfort Beach & various downtown attractions, creating an ideal base for guests exploring the best of Northern MI
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1933/2014 |
| Building Class | C | Parking Ratio | 0.9/1,000 SF |
| Lot Size | 0.34 AC | Corridor | Interior |
| Building Size | 17,152 SF | ||
| Zoning | CM | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 17,152 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1933/2014 |
| Parking Ratio | 0.9/1,000 SF |
| Corridor | Interior |
| Zoning | CM |
AMENITIES
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
ABOUT 231 MAIN ST , FRANKFORT, MI 49635
Frankfort, Michigan, is a charming city nestled on the shores of Lake Michigan, in the northwestern Lower Peninsula of the state. Known for its scenic beauty, Frankfort is surrounded by lush forests, sandy beaches, and rolling dunes, creating a peaceful and picturesque setting. The city is located approximately 40 miles southwest of Traverse City, making it an accessible yet tranquil destination for those seeking the beauty of Michigan’s coast. Frankfort’s harbor is a central feature, offering direct access to Lake Michigan and providing a base for fishing, boating, and kayaking. The adjacent Betsie River adds to the area’s appeal, flowing into the harbor and giving opportunities for river-based recreation. Crystal Lake, located just a few miles east, is another highlight of the area, renowned for its exceptionally clear waters and vibrant blue hues. Covering over 9,800 acres, Crystal Lake is a popular spot for fishing, swimming, and watersports, with anglers often seeking trout, bass, and salmon. The nearby Sleeping Bear Dunes National Lakeshore, a short drive from Frankfort, offers stunning landscapes of towering sand dunes, dense forests, and panoramic views of Lake Michigan. This protected area provides hiking trails, scenic overlooks, and camping spots, making it a favored destination for nature lovers and outdoor enthusiasts alike. Proximity to larger cities: 40 miles southwest of Traverse City, MI 150 miles north of Grand Rapids, MI 200 miles northwest of Lansing, MI 300 miles northeast of Chicago, IL Airports near Frankfort include Cherry Capital Airport in Traverse City (40 miles), Manistee County Blacker Airport (30 miles), and Gerald R. Ford International Airport in Grand Rapids (150 miles).
LINKS
PROPERTY TAXES
| Parcel Number | 51-010-092-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $277,100 |
PROPERTY TAXES
Listing ID: 34950912
Date on Market: 2/26/2025
Last Updated:
Address: 231 Main St, Frankfort, MI 49635
