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USAMIMilton TownshipMetes & Bounds12800 & 12862 Cherry Avenue
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12800 & 12862 , Rapid City, MI

House

Sold

Listed price in listed location currency (USD).
$1,425,000
$1,600,000

000

MLS® 78080063310

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Business Opportunity
Size -
Garage 
Taxes 
Lot Size 
Approx. Age 2000
MLS® Number 78080063310

Property Address: 12800 & 12862 Cherry Avenue, Milton Township, MI, 49676

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® Number78080063310
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2000
Basement
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Apr 13, 2026End Date
$1,425,000Sold Price

Sold

Oct 30, 2025List Date
$1,600,000List Price
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Destination Address
12800 & 12862 , Rapid City, MI

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