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12800 & 12862 Cherry, 
Rapid City, MI 49676

$1,600,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Matthew Crane

Jonathan Crane

Berkshire Hathaway HomeServices - Tc

231-947-7777

Last updated:

November 4, 2025, 11:20 AM

MLS#

80063354

Source:

MI REALSOURCE

About This Home

12800 & 12862 Cherry

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!

Home Facts

Multi-Family

Built in 2000

Price Summary

1,600,000

MLS #:

80063354

Last Updated:

November 4, 2025, 11:20 AM

Added:

5 day(s) ago


Structure

Structure

Year Built:

2000


Lot

Lot Size (Sq. Ft):

86,248


Finances & Disclosures

Finances

Price:

$1,600,000

Source:MI REALSOURCE
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.