MI > Rapid City > Mi
Rapid City, MI 49676,12800 & 12862 Cherry Avenue
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Rapid City, MI 49676,12800 & 12862 Cherry Avenue
Rapid City, MI 49676,12800 & 12862 Cherry Avenue
Rapid City, MI 49676,12800 & 12862 Cherry Avenue
Rapid City, MI 49676,12800 & 12862 Cherry Avenue
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Tricia Boerma

Tricia Boerma

+1(989) 560-5779
Listed by Jonathan Crane • Berkshire Hathaway Homeservices - TC
$ 1,600,000
Est. payment /mo
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12800 & 12862 Cherry Avenue Rapid City, MI 49676

9,501 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 9,501 sqft

Price per Sqft $168

Subdivision Mi

MLS Listing ID 1940086

Year Built 2000

Lot Size 1.980 Acres

Acres 1.98

Lot Dimensions Multiple - See docs

Property Sub-Type Hospitality

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!

Location

State MI

County Antrim

Zoning Commercial

Rooms

Basement Slab

Interior

Heating Wall, Ductless A/C

Cooling Wall, Ductless A/C

Exterior

Exterior Feature Vinyl

Roof Type Asphalt

Present Use Recreational/Resort,Bed & Breakfast,Adult Foster Care

Road Frontage Public Maintained, Blacktop

Building

Sewer Private Septic

Water Private Well

Others

Tax ID Multiple - See docs

Ownership Private Owner

Acceptable Financing Conventional Mortgage, Commercial Loan, Cash

Listing Terms Conventional Mortgage, Commercial Loan, Cash

Tricia Boerma

Tricia Boerma

Broker

+1(989) 560-5779

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12800 & 12862 Cherry Avenue