# 4871 US Highway 31 N, Central Lake, MI 49622 > **TL;DR:** 0bd/15ba commercial, $1,674,900 ($296/sqft), built 1952, 5,654 sqft. > A/C. Est. $8,958/mo. Listed 423 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,674,900 | | Price/sqft | $296 | | Bathrooms | 15 full | | Square Feet | 5,654 | | Year Built | 1952 | | Lot Size | 120,226 sqft (2.76 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 423 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,469 | | Estimated Insurance | $489 | | **Total** | **$8,958** | ## Key Amenities - A/C ## Property Highlights - Built in 1952 - 2.76 acre lot - 50 parking spaces ## Description ### Agent 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 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 gem of a property. ## Location - **Address:** 4871 US Highway 31 N, Central Lake, MI 49622 - **County:** Antrim - **Coordinates:** 45.103739, -85.35805 - **Google Maps:** https://www.google.com/maps?q=45.103739,-85.35805 ## Listing Agent - **Name:** Thomas A Rumble - **Brokerage:** eXp Realty LLC - **Broker Phone:** (888) 501-7085 ## Photos ![4871 US Highway 31 N - Photo 1](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f1877659290r.jpg) ![4871 US Highway 31 N - Photo 2](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f861441283r.jpg) ![4871 US Highway 31 N - Photo 3](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3173255704r.jpg) ![4871 US Highway 31 N - Photo 4](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2070487958r.jpg) ![4871 US Highway 31 N - Photo 5](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3003554911r.jpg) ![4871 US Highway 31 N - Photo 6](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f963186605r.jpg) ![4871 US Highway 31 N - 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Photo 37](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3154266995r.jpg) ![4871 US Highway 31 N - Photo 38](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f1957887870r.jpg) ![4871 US Highway 31 N - Photo 39](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f1859200277r.jpg) ![4871 US Highway 31 N - Photo 40](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2791817217r.jpg) ![4871 US Highway 31 N - Photo 41](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f1900416430r.jpg) ![4871 US Highway 31 N - Photo 42](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f4112175622r.jpg) ![4871 US Highway 31 N - Photo 43](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f1031731649r.jpg) ![4871 US Highway 31 N - Photo 44](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2291102529r.jpg) ![4871 US Highway 31 N - Photo 45](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3953883142r.jpg) ![4871 US Highway 31 N - Photo 46](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f653777727r.jpg) ![4871 US Highway 31 N - Photo 47](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f769155502r.jpg) ![4871 US Highway 31 N - Photo 48](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3065286294r.jpg) ![4871 US Highway 31 N - Photo 49](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2936289547r.jpg) ![4871 US Highway 31 N - Photo 50](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2351138431r.jpg) ![4871 US Highway 31 N - Photo 51](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3516733885r.jpg) ![4871 US Highway 31 N - Photo 52](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3451919480r.jpg) ![4871 US Highway 31 N - Photo 53](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2411447237r.jpg) ![4871 US Highway 31 N - Photo 54](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2704257381r.jpg) ![4871 US Highway 31 N - Photo 55](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2192807804r.jpg) ![4871 US Highway 31 N - Photo 56](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f1115977082r.jpg) ![4871 US Highway 31 N - Photo 57](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2330634574r.jpg) ![4871 US Highway 31 N - Photo 58](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3970515578r.jpg) ![4871 US Highway 31 N - Photo 59](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3839654535r.jpg) ![4871 US Highway 31 N - Photo 60](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f4024778114r.jpg) ![4871 US Highway 31 N - Photo 61](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3681559216r.jpg) ![4871 US Highway 31 N - Photo 62](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2142368416r.jpg) ![4871 US Highway 31 N - Photo 63](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f2717549084r.jpg) ![4871 US Highway 31 N - Photo 64](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f3420890033r.jpg) ![4871 US Highway 31 N - Photo 65](http://lh.rdcpix.com/e2753182cdc8507ccb8b390bcebe4c7bl-f1528438654r.jpg) --- **MLS#:** 25046291 | **Updated:** 2026-10-30 **Source:** listhub *Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/4871-us-highway-31-n-central-lake-mi-49622-4503727993cb49ccb4845c11c488e91c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/4871-us-highway-31-n-central-lake-mi-49622-4503727993cb49ccb4845c11c488e91c#listing", "url": "https://www.propertysimple.ai/listing/4871-us-highway-31-n-central-lake-mi-49622-4503727993cb49ccb4845c11c488e91c", "name": "4871 US Highway 31 N, Central Lake, MI 49622", "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 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. 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