8127 Chippewa Hwy - Hospitality FOR SALE


Bear Lake, MI 49614
$2,490,000 USD
231-714-4787
8127 Chippewa Hwy, Bear Lake, MI for Sale
$2,490,000 USD
Hospitality - FOR SALE
1/53
null | Request Cap Rate

8127 Chippewa Hwy
Bear Lake, MI 49614


HIGHLIGHTS

  • Established hospitality property with a long-standing presence in Northern Michigan.
  • Positioned along US-31 with visibility and direct regional access.
  • Guest accommodations support individual, family, and group travel.
  • Ground-floor room layout offers convenient private-entry access.
  • Remodeled facilities provide updated accommodations for guests.
  • Located near Lake Michigan recreation, beaches, and tourism destinations.

OVERVIEW

8127 Chippewa Hwy presents an opportunity to acquire a hospitality property positioned along US-31 in Bear Lake, Michigan. Commonly known as the Inn at the Alpine, the asset benefits from a location along a well-traveled north-south corridor connecting travelers to Northern Michigan recreational destinations, Lake Michigan shoreline communities, and regional tourism attractions. The property's established presence in the market, combined with its accessibility and visibility from US-31, supports continued lodging demand from seasonal visitors, outdoor recreation enthusiasts, and travelers moving throughout Northwest Michigan. The property includes guest accommodations designed to serve a variety of traveler profiles, including individual guests, families, and groups. Ground-floor room access with at-the-door parking enhances convenience for visitors, while remodeled facilities and in-room amenities contribute to the overall guest experience. The surrounding area is known for its proximity to outdoor recreation, beaches, inland lakes, and year-round tourism drivers that attract visitors to Manistee County and neighboring communities. For investors and owner-operators, the offering combines an established hospitality operation with a sizeable site that provides operational flexibility and long-term positioning within a recognized Northern Michigan travel corridor. Its location between larger regional destinations and access to nearby recreational amenities create multiple demand generators that support overnight lodging activity throughout the year. The property's combination of existing improvements, regional connectivity, and tourism-oriented setting offers a platform for continued operation and future enhancement.

FOR SALE DETAILS

PRICE

$2,490,000 USD

PRICE/SF

$159 USD /SF

# OF ROOMS

25

PRICE/ROOM

$99,600 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Inn at the Alpine

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

30

LAND DETAILS

LAND ACRES

8.93 AC

LAND SF

388,991 SF

ZONING

Commercial

APN/PARCEL ID

02-029-350-04

ASK ABOUT THIS PROPERTY

Blake BernardBernard GroupMore Info
231-714-4787

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Blake BernardBernard GroupMore Info
231-714-4787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.