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$650,000
Est. payment /mo
4,134 SqFt
Active
103 Walnut Street Manitou Beach, MI 49253
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,134 sqft
Price per Sqft $157
Subdivision Mi
MLS Listing ID 50197252
Year Built 1920
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50X130
Property Sub-Type Commercial/Industrial
Property Description
A rare, turn-key hospitality opportunity in the heart of Manitou Beach, often referred to as the “Saugatuck of the Irish Hills.” This offering includes two fully operational boutique inns; Devils Lake Inn (103 Walnut St) and Devils Lake Inn Too (175 Walnut St). Located in the walkable village setting surrounded by shops, restaurants, galleries, and year-round recreation. Together, the properties feature six custom-themed guest suites, a retail space (month-to-month lease), and a separate apartment currently rented through September 2026, providing immediate income with future owner-occupant or rental flexibility. The inns are thoughtfully designed with upscale finishes, modern conveniences, and Instagram-worthy themed suites that attract repeat guests. The sale includes both properties, established website, and all furniture, décor, bedding, and appliances, making this a true turn-key business. Ideal for investors or owner-operators seeking a proven hospitality asset in one of Southern Michigan's most desirable lake communities. Sale does not include lawnmower or personal items in the shed.
Location
State MI
County Lenawee
Area Rollin Twp (46018)
Interior
Heating Forced Air
Cooling Central A/C
Building
Water Private Well
Others
Ownership LLC
Financing Cash,Commercial Loan

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Listed by Foundation Realty, LLC - Manitou Beach
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