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Improved Commercial Land for Sale in Rapid City, Michigan

12800 & 12862 Cherry Ave, Rapid City, MI 49676

$1,600,000
2 acres
Active
Est $9,640/mo

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!

9,501
Sq feet
17
Full baths
2000
Built

Location

Street address
12800 & 12862 Cherry Ave
Elevation
605 feet
Coordinates
44.8498, -85.3305

Directions

From S East Torch Lake Dr, head west on Crystal Beach Rd. Crystal Beach Rd turns into Cherry Ave after the bridge over Torch River. The property is located on the south side of Cherry Ave just west of Torch River.

Property details

Acreage
1.98 acres
Zoning
Commercial
MLS #
TAAR 1940086
Posted

Details and features

Listing

Type
Commercial Sale
Franchise
Berkshire Hathaway Home Services

Structure

Roof
Asphalt

Interior

Rooms
Basement, Bathroom x 5

Listing history

DateEventPriceChangeSource
Oct 31, 2025New listing$1,600,000TAAR
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This 1.98-acre property is located at 12800 & 12862 Cherry Ave in Rapid City, MI 49676. The property is available for sale for $1,600,000. It has a 9,501 sq ft structure built in 2000.

Checked 8 hours ago — Updated

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