MLS # 50210955 (MiRealSource)

Turn-Key Boutique Inn Opportunity in the Heart of Manitou Beach Welcome to Devils Lake Inn, a rare investment opportunity located in the heart of Manitou Beach, often referred to as the "Saugatuck of the Irish Hills." Nestled within a charming walkable village filled with local shops, restaurants, galleries, and year-round recreation, this established boutique inn offers the perfect blend of hospitality and small-town lake living. The property features beautifully designed custom-themed guest suites with upscale finishes, modern conveniences, and thoughtfully curated décor that has created a loyal following of repeat visitors. Every detail has been designed to provide guests with a memorable and Instagram-worthy experience. The sale includes the established business website, all furniture, décor, bedding, and appliances, allowing the next owner to seamlessly continue operations from day one. Whether you're an investor looking for an income-producing property or an owner-operator dreaming of running a boutique inn in a thriving lake community, this is an exceptional opportunity. In addition, the building includes a retail space currently leased on a month-to-month basis. For even greater investment potential, 103 Walnut Street can also be purchased together with the neighboring Devils Lake Inn Too at 175 Walnut Street, creating a unique multi-property hospitality portfolio in one of Southern Michigan's most sought-after destinations. Please refer to MLS# 50197252 when looking to purchase both Inns.
Source: SparkMLS
Asking $325,000.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Holly Griewahn
Foundation Realty, LLC - Manitou Beach
View SEV, Taxable Value, and uncapping difference for this parcel — Lenawee County public records.
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
103 Walnut Street, Manitou Beach, MI 49253
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Municipality
Rollin Township
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County
Lenawee County
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