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Listed price in listed location currency (USD).
$1,600,000

000

MLS® 1940129

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 9501 sqft
Garage No
HOA Fees 
Taxes 
Days Active 35
Approx. Age 
Avg. Price Per Sqft $168
MLS® Number 1940129

Property Address: 12800 & 12862 Cherry Avenue, Rapid City, MI, 49676-8604

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity to own a resort property in one of Northern Michigan’s most sought-after destinations - just steps from Torch Lake’s legendary sandbar. This unique offering includes two separate parcels. The first features a completely updated 14-unit motel, thoughtfully updated and ready to generate immediate cash flow. Several rooms are equipped with pass-through doors, easily converting into larger multi-room suites to accommodate groups and families. The second parcel includes a 3-bed, 2-bath home, ideal for on-site manager accommodations or additional short or long-term rental income. With very few lodging options in the area, demand remains exceptionally strong, delivering minimal vacancy throughout the summer season. Guests will appreciate ample on-site parking, potential room to expand, a full commercial kitchen, lobby office, pavilion, and a whole-building generator. A comprehensive fire suppression system provides added peace of mind. Perfectly positioned for guests to enjoy everything the region has to offer, this property sits just a short drive from Elk Rapids, Alden, and Traverse City. Whether pursuing a turnkey investment, expanding a hospitality portfolio, or launching a lakeside business venture, this rare Torch Lake offering delivers location and income potential!
MLS® Number1940129
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 31, 2025List Date
$1,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
12800 & 12862 Cherry Avenue, Rapid City, MI

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