For Sale
$749,900

12731 Boyne City Rd Charlevoix, MI 49720-1684

Historic Motel, Eleven Units, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents the Charleboyne Motel, a well-established roadside motel located at 12731 Boyne City Road in Charlevoix, Michigan, 49720-1684. Built in the early 1950s, this charming property boasts eleven guest units, providing consistent rental income for over half a century. The motel also includes owner's living quarters, a convenient two-car garage, and an office, enhancing both operational efficiency and personal comfort. The property's strategic location offers significant advantages. Situated just off busy US-31 and boasting over 530 feet of frontage on Boyne City/Charlevoix Road, it benefits from high visibility and easy accessibility for travelers. The land itself comprises two parcels: one commercially zoned and one vacant residential lot, presenting potential for future development or expansion. The asking price for this unique property is $749,900. This represents a rare chance to acquire a piece of Charlevoix history with significant income potential and substantial road frontage. The property's established reputation and prime location make it an attractive investment for those seeking a turn-key operation or a development opportunity with considerable upside. The motel's enduring appeal and its location on a major thoroughfare ensure continued strong performance.

Highlights

  • $749,900 asking price.
  • Special purpose commercial land with motel.
  • Eleven motel units plus owner's quarters, two-car garage, and office.
  • Over 530 feet of frontage on Boyne City/Charlevoix Road, near US 31.
  • Two parcels included (one commercial, one vacant residential).

Property Details for 12731 Boyne City Rd

Property type
Specialty properties, Land

Location Insight

City
Charlevoix
County
Charlevoix
State
Michigan
Latitude
45.2938794
Longitude
-85.22816

FAQs

What type of property is this?
Specialty property - Historic Motel, Eleven Units, High Visibility
Where is the specialty property located?
The property is located at 12731 Boyne City Rd Charlevoix, MI.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: $749,900 asking price.; Special purpose commercial land with motel.; Eleven motel units plus owner's quarters, two-car garage, and office.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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12731 Boyne City Rd
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