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Torch Bay Inn & Cottages 4871 U.S. 31 16 Room Hotel Eastport, MI 49627 $1,850,000 ($115,625/Room)

Hotels Michigan Eastport 4871 U.S. 31, Eastport, MI 49627

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EXECUTIVE SUMMARY

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 manager or an on-site owner operator, ample parking for guests, an oversized 2 stall garage/workshop, an expanded area for boat trailers & campers, plus enough land to expand the operations for more cabins. Meticulously maintained, and attention to detail went into every aspect of this high-producing gem of a property. Income statements and disclosures are available upon request with a signed NDA.

PROPERTY FACTS

Price $1,850,000 Building Size 5,654 SF
Price Per Room $115,625 No. Rooms 16
Sale Type Investment No. Stories 1
Property Type Hospitality Year Built/Renovated 1970/2016
Property Subtype Hotel Parking Ratio 1.5/1,000 SF
Building Class B Corridor Exterior
Lot Size 2.75 AC
Zoning Commercial - Commercial Zoned District
Price $1,850,000
Price Per Room $115,625
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.75 AC
Building Size 5,654 SF
No. Rooms 16
No. Stories 1
Year Built/Renovated 1970/2016
Parking Ratio 1.5/1,000 SF
Corridor Exterior
Zoning Commercial - Commercial Zoned District

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 6 $244.00 -
Guest Room 8 $129.00 -
1 1

PROPERTY TAXES

Parcel Number 05-14-312-017-11 Improvements Assessment $0
Land Assessment $0 Total Assessment $405,800

PROPERTY TAXES

Parcel Number
05-14-312-017-11
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$405,800
(616) 250-6751

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 38703951

  • Date on Market: 12/9/2025

  • Last Updated:

  • Address: 4871 U.S. 31, Eastport, MI 49627

More public record information on 4871 U.S. 31, Eastport, MI 49627

The Hospitality Property at 4871 U.S. 31, Eastport, MI 49627 is currently available for Sale. Contact eXp Realty for more information.

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Torch Bay Inn & Cottages | 4871 U.S. 31
(616) 250-6751 x

Torch Bay Inn & Cottages | 4871 U.S. 31

Tom Rumble
(616) 250-6751

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