7530 US 131. NE Highway Mancelona, MI ^$ 425,000

7530 US 131. NE Highway

^$ 425,000

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7530 US 131. NE Highway

Mancelona, MI, 49659

^$ 425,000

Bedrooms-- Baths-- Sq 5,500

Monthly Estimate*

^$ 2,651

7530 US 131. NE Highway, Mancelona, MI 49659 - Image 1

7530 US 131. NE Highway, Mancelona, MI 49659 - Image 2

7530 US 131. NE Highway, Mancelona, MI 49659 - Image 3

7530 US 131. NE Highway, Mancelona, MI 49659 - Image 4

7530 US 131. NE Highway, Mancelona, MI 49659 - Image 5

7530 US 131. NE Highway, Mancelona, MI 49659 - Image 6

7530 US 131. NE Highway, Mancelona, MI 49659 - Image 7

7530 US 131. NE Highway, Mancelona, MI 49659 - Image 8

Commercial Property for sale in Mancelona, MI

for $425,000. This 5,500 square foot building was built in 1960 on a lot size of 11.

Once-in-a-Lifetime Opportunity ,11 Acres on US131. RAPID RIVER MOTEL Strategically located between Mancelona and Kalkaska, this high-visibility property offers 1,400 feet of prime US-131 road frontage â ideal for capturing steady highway traffic in Northern Michiganâs recreational corridor. The Rapid River Motel includes: 13 motel rooms A 3-bedroom, 1-bathroom home with office All situated on a generous 11-acre parcel This is a remodeling project, not a turn-key investment â perfect for an experienced operator, investor, or visionary looking to reimagine a hospitality asset in a growing area. Whether you're restoring the motel, redeveloping for short-term rentals, or transforming the site for mixed-use potential, the location and land size offer unmatched flexibility

Commercial Pending

Price

^$ 425,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

Year Built

1960

Town/City

Mancelona

County/Region

Antrim

MLS | Web ID

50184740

Features

General

Heating Baseboard

Cooling None

Roof Shingles

Water Private Well

Status Pending Pending

Year Built 1960

Parking 21+ Spaces

Water Heater Electric Gas

County Kalkaska

Class COM/IND/BUS OPP

Type Business

Ownership Private

Municipality Rapid River Twp

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features Fixtures Furniture Living Quarters Attached

Area Rapid River Twp (40011)

Location Main Street

Directions ON US 131. Between Twin Lake rd and Wood rd. Between Mancelona and Kalkaska.

City Mancelona

Financial Terms Cash Commercial Loan Conventional Land Contract

Legal Description THAT PART OF THE SE 1/4 OF NE 1/4 SEC 15 T28N-R7W LYING E OF US 131 DESC AS COM 430.75 FT W OF THE E 1/4 POST OF SEC 15 ON E/W 1/4 LI TH W'LY 503.75 FT TO C/L OF US 131 TH NE'LY ALG C/L OF SD HIGHWAY

DOM 47

Price Per Sq Ft Total AG 77.27

Public Remarks Once-in-a-Lifetime Opportunity 11 Acres on US131. RAPID RIVER MOTEL Strategically located between Mancelona and Kalkaska this high-visibility property offers 1

Exterior

Exterior Block

Lot Size Area 11

Lot Dimensions 11 acres

Roads U.S. Highway

Waterfront Y/N No

Interior

Fuel Type Electric

* Excluded Features

List By

Kevin Wood

Listing Agent

Wood Realty Group Llc

Broker

woodrealtygroupinfo@gmail.com

Affordability Calculator

$2,651

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Mancelona, MI

Average List Price ^$271,629

Percent of Sale Price 36%

About Mancelona, MI

1,361 Population

0% Since 2002

^$33,868 Median Income

34.82 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/14/2025	$425,000	-5.35%	Price Down
8/10/2025	$449,000		Listed Price

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7530 US 131. NE Highway, Mancelona, MI, 49659 is a Commercial Property for sale at $425,000 with 5,500 sqft and a lot size of 11. 7530 US 131. NE Highway was built in 1960. The property's zip code is 49659 which is in Mancelona, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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7530 US 131. NE Highway

Commercial Property for sale in Mancelona, MI

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