2113 & 2123 Grace Road
Frankfort, MI, 49635 $ 1,990,000
Bedrooms-- Baths-- Sq 10,680 Monthly Estimate*
$ 12,565
for $1,990,000. This 10,680 square foot building was built in 1910 on a lot size of 3.
Rare opportunity to acquire a unique multi-building campus property in the heart of Northern Michigan, just minutes from Frankfort, Crystal Lake, Sleeping Bear Dunes National Lakeshore, and the Lake Michigan shoreline. Situated on approximately 3 private acres, the offering includes a 10-suite residential building totaling approximately 7,980 square feet and a separate 4-bedroom, 2-bath farmhouse containing approximately 2,700 square feet. Together, the improvements create a highly flexible property suitable for a variety of residential, hospitality-related, and investment-oriented uses. The main building features ten private suites, spacious common gathering areas, dining facilities, commercial-style kitchen space, covered porches, caretaker accommodations, and supporting infrastructure. The farmhouse provides flexibility for owner occupancy, onsite management, employee housing, guest accommodations, or supplemental rental income. Each building is served by its own private well and septic system. Additional features include standby backup generator systems and extensive onsite infrastructure supporting year-round occupancy and operation. Since 1999, the property has been operated as Orchard House, a well-established residential community serving Northern Michigan. The property's unique layout and RP-5 zoning designation may support a variety of future uses, including residential care, lodging, retreat facilities, group housing, bed and breakfast operations, boarding house use, or other permitted and approved uses, subject to purchaser verification and governmental approvals. Ideally located near Frankfort, Crystal Lake, Lake Michigan beaches, Crystal Mountain Resort, and numerous year-round recreational amenities, this offering combines privacy, scale, flexibility, and long-term potential in one of Northern Michigan's most desirable destinations.
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FeaturesGeneralSewer Private Sewer
Heating Hot Water Baseboard Natural Gas
Cooling Electric
Possession Close Of Escrow Subject To Tenant Rights
Roof Asphalt
Construction Materials Frame Wood Siding
Year Built 1910
Township Gilmore
Property Subtype Mixed Use
Business Type Convalescent Other
Accessibility Main Floor Access Accessible Entrance Covered Entrance Accessible Approach with Ramp Grip-Accessible Features Other
Assoc Fee Paid Per Annually
Business Name Orchard House
County Benzie
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Other Structures Additional Buildings
Rent Includes None
Status New
Directions From US 31 west of Benzonia to Grace Rd or M 22 south of Elberta to east on Grace Rd.
City Frankfort
Zoning Description Other
Lot Size Units Acres
Lot Size Square Feet 130680
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 184044
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description partial from tax ID: E 1/2 OF NW 1/4 OF NW 1/4 OF NW 1/4 SEC 1 T 25N R16W 5 A M/L SRVY PARCELS B & C - DISCR CORR FOR 1997 SPLIT FROM 001-069-00 FOR 1996 10-06-001-069-40 COMB HERE FOR 1996 SPLIT TO
Year Built Effective 2000
Freehold IDX
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InteriorBasement Full
Furnished Y/N Furniture/Fixtures
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Common Parking Lot
Lot Features Freestanding
Water Source Private
Lot Size Area 3
Foundation Details Slab
Spa N
Lot Dimensions ~585'x225'
Lot Size Acres 3
Other Parking Common Parking Lot
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded FeaturesList ByColdwell Banker Schmidt Traverse CityBroker
Cell: 231-499-0529Contact
Affordability Calculator
- Monthly Principal & Interest
- $12,565
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Frankfort, MI
Average List Price $688,215
Percent of Sale Price 65%
About Frankfort, MI 1,187 Population
-6% Since 2002
$ 43,123 Median Income
53.5 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/22/2026 | $1,990,000 | | Listed Price |