$1,850,000
4871 US Highway 31 N
Central Lake, MI 49622
MLS# 25046291
5654 sqft
4871 US Highway 31 N, Central Lake, MI 49622
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4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622 4871 US Highway 31 N, Central Lake, MI 49622

Property Description
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

Details
Maps
Location Property Info
County: Antrim
Street #: 4871
Street Name: US Highway 31
Post Direction: N
State: MI
Zip Code: 49622
Zip (4): 9494
Area: Outside MichRIC Area - Z
OfficeContract Info
Status: Active
Current Price: $1,850,000
List Price: $1,850,000
Listing Date: 2025-09-05
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 2.76
Lot Square Footage: 120017
Lot Dimensions: Irregular
Year Built: 1952
Road Frontage: 500
Mineral Rights: Unknown
Year Remodeled: 2016
Total # Units: 15
# Fin Bldg Lvls: 5654
Total # Bldgs: 8
Total SqFt: 5654
Property Use Type: Business
Full Baths: 15
Waterfront: No
School District: Central Lake
Tax Info
Tax ID #: 05-14-312-017-11
Taxable Value: 290449
SEV: 405800
For Tax Year: 2024
Seller's Annual Property Tax: 9000
Tax Year: 2024
Homestead %: 50
Spec Assessment & Type: None Known
Remarks Misc
Directions: North of Elk Rapids or South of Charlevoix US-31
Additional Details
Total Parking Spaces: 50
Business Opportunity
Business Name: Torch Bay Inn
Property Features
Property Use: Business
Uses: Other
Ownership: Proprietorship
Business Includes: Furniture; Inventory; Real Estate
Construction Type: Frame/Wood
Roofing: Composition
Foundation: Slab
Sewer: Private Sewer
Water: Private Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Electricity Available; High Speed Internet; Natural Gas Available
Heat Source: Electric; Natural Gas
Heat Type: Forced Air; Mini-Split
Air Conditioning: Central Air; Wall Unit(s)
Driveway: Aggregate
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Close Of Escrow
Supplements
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.

Listing Office: EXP Realty LLC

Listing Agent: Thomas Rumble

Last Updated: September - 13 - 2025

4871 US Highway 31 N, Central Lake, MI 49622 - MLS# 25046291

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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