12800 & 12862 Cherry Avenue, Rapid City MI 49676 (Off Market)

For Sale, USD 1,600,000


12800 & 12862 Cherry Avenue, Rapid City MI 49676,

Property Type : Commercial

Property Style : N/A

Build Size : 9,501 ft² / 883 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property 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!
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12800 & 12862 Cherry Avenue, Rapid City MI 49676, United States,Michigan,Rapid City is a 9,501ft² Rapid City luxury Commercial listed for sale USD 1,600,000. This high end Rapid City Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Rapid City or search for luxury properties for sale in Rapid City.