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    Michigamme, MI Bed & Breakfasts for Sale

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    Lakeside Resort and Motel Opportunity
    $425,000
    4,658 SF

    Lakeside Resort and Motel Opportunity

    27672 Us Highway 41, Michigamme, MI 49861

    Established 10-bedroom resort and motel on 1.38 acres.

    • Established 10‑bedroom, 10‑bath resort/motel (The Bear's Paw) with a history of welcoming vacationers, hunters, and travelers.
    • Enjoy 350 feet of scenic lake frontage on Ruth Lake and George Lake in Michigan's Upper Peninsula.
    • Includes a spacious two‑bedroom, two‑bath manager’s residence with full kitchen, dining room, and office.
    • Turnkey business opportunity with recent updates including remodeled baths, LED televisions, and air‑conditioning units.
    • Access to numerous recreational activities including fishing, boating, ATV trails, and hunting lands.
    Updated: Mar 13
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    Lakeside Hospitality Destination in Michigamme
    $525,000
    4,658 SF

    Lakeside Hospitality Destination in Michigamme

    27672-27819 Us 41 Hwy, Michigamme, MI 49861

    Thriving lakeside business and lifestyle retreat in Michigan's Upper Peninsula.

    • Established 10‑bedroom, 10‑bath resort/motel (The Bear's Paw) with a history of welcoming vacationers, hunters, and travelers.
    • Enjoy 350 feet of scenic lake frontage on Ruth Lake and George Lake in Michigan's Upper Peninsula.
    • Includes a spacious two‑bedroom, two‑bath manager's residence with full kitchen and office.
    • Features 'The Bear's Den' bar, currently open to the public, enhancing the guest experience.
    • Turnkey business opportunity: fully licensed, operational, and well‑maintained hospitality destination.
    Updated: Jan 7
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Michigamme, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Palmer Multi-Use Commercial Property
    $399,000
    5,200 SF

    Palmer Multi-Use Commercial Property

    Expansive property with business potential near Marquette, Michigan.

    101 Kirkpatrick Ave, Palmer, MI 49871
    View details
    Palmer Multi-Living Commercial Opportunity
    $399,000
    5,200 SF

    Palmer Multi-Living Commercial Opportunity

    Expansive property with business potential near Marquette, Michigan.

    101 Kirkpatrick Ave, Palmer, MI 49871
    View details
    Historic Charlevoix House with Rental Units
    $895,000
    3,800 SF

    Historic Charlevoix House with Rental Units

    Historic lodging with eight rentable units and established rental history.

    202 Michigan Ave, Charlevoix, MI 49720
    View details
    Bed and Breakfast Opportunity
    $1,700,000
    3,814 SF

    Bed and Breakfast Opportunity

    Bed and Breakfast in a highly visible and desired location.

    113 Michigan Ave, Charlevoix, MI 49720
    View details

    Michigamme, MI Bed & Breakfasts Investment Opportunities Market Analysis

    Explore 2 bed & breakfasts for sale in Michigamme, MI on our real estate platform. These investment opportunities span a total of 120,226 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for inns in Michigamme, MI start at $425,000, averaging $475,000, and reaching up to $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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