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Michigamme, MI

Michigamme, MI Commercial Real Estate for Sale

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Republic, MI Champion, MI Covington, MI L' Anse, MI Ishpeming, MI Skanee, MI Crystal Falls, MI Amasa, MI

10-Room Motel With Residence

Updated: Aug 20

10-Room Motel With Residence

27837 US 41 Highway, Michigamme, MI 49861

$548,000

3,908 sqft 3.43 AC lot

10 guest rooms plus a two‑bedroom, one‑bath caretaker’s residence with adjoining office
3.43‑acre motel property with 3,908 square feet of building area
Located on US 41 in the Three Lakes area of Michigan’s Upper Peninsula
Guest rooms include 42‑inch TVs, microwaves, mini refrigerators, and updated finishes
Detached garage, pole building, workshop, and shed provide additional storage

Lakeside Resort with Manager Residence

Updated: Nov 14, 2025

Lakeside Resort with Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

10‑bedroom, 10‑bath resort operation
350 feet of waterfront between Ruth Lake and George Lake
Two‑bedroom, two‑bath manager's residence with kitchen, dining room, and office
4,658 square feet on 1.38 acres
Private dock and four outbuildings

Lakefront Resort With Manager Residence

Lakefront Resort With Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

Established hospitality property with guest accommodations, a private dock, and a separate residence for on-site management.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 50 Potential Opportunities for your consideration. Besides 3 Active listings in Michigamme, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 43 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Deer Ranch With Three Residences

Deer Ranch With Three Residences

1325 County Road FI, Champion, MI 49814

$4,890,000

3,320 sqft 890.00 AC lot

Managed hunting ranch with enclosed acreage, private waterfront, multiple residences, and purpose-built operational improvements.

Versatile Commercial Building in Business District

Versatile Commercial Building in Business District

1120 Country Lane, Ishpeming, MI 49849

$379,900

11,170 sqft

Large building suitable for retail or office in busy district.

Wooded Commercial Land

Wooded Commercial Land

1059 Greenwood Street, Ishpeming, MI 49849

$34,900

1.16 AC lot

Neighborhood Commercial designation with paved public-road access, mature trees, and electricity available.

10-Foot Enclosed Deer Ranch

10-Foot Enclosed Deer Ranch

1325 County Road Fi, Champion, MI 49814

Contact for pricing

6,076 sqft 890.00 AC lot

Own a Michigan deer ranch with 600+ acres under a 10-ft DNR-approved fence plus multi-residence accommodations.

Off-Market Properties in Michigamme, MI

Consider similar Off-Market properties in Michigamme, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

26498 Us 41

COMMERCIAL (GENERAL)

26498 Us 41, Michigamme, MI 49861

Estimated value: by Request

7.20 AC lot

134 Brown Rd

COMMERCIAL (GENERAL)

134 Brown Rd, Michigamme, MI 49861-8010

Estimated value:

$785,000

8,001 sqft 21.01 AC lot

29471 Us Hwy 41

COMMERCIAL (GENERAL)

29471 Us Hwy 41, Michigamme, MI 49861-9000

Estimated value: by Request

1.86 AC lot

105 Max St

COMMERCIAL (GENERAL)

105 Max St, Michigamme, MI 49861-8008

Estimated value: by Request

1,876 sqft 0.25 AC lot

27901 Us-41 Hwy

Retail properties & Spaces

27901 Us-41 Hwy, Michigamme, MI 49861

Estimated value: by Request

1,447 sqft 2.27 AC lot

2116 Us Hwy 41

COMMERCIAL (GENERAL)

2116 Us Hwy 41, Michigamme, MI 49861

Estimated value:

$280,000

82.97 AC lot

2126 Us Hwy 41

COMMERCIAL (GENERAL)

2126 Us Hwy 41, Michigamme, MI 49861

Estimated value: by Request

520 sqft 17.30 AC lot

1915 Us Hwy 41

COMMERCIAL (GENERAL)

1915 Us Hwy 41, Michigamme, MI 49861

Estimated value:

$155,000

3,292 sqft 1.08 AC lot

27837 Us Hwy 41

COMMERCIAL (GENERAL)

27837 Us Hwy 41, Michigamme, MI 49861-9003

Estimated value:

$170,000

1.67 AC lot

27795 Us Hwy 41

COMMERCIAL (GENERAL)

27795 Us Hwy 41, Michigamme, MI 49861-9003

Estimated value:

$75,000

1.25 AC lot

27757 Us Hwy 41

COMMERCIAL (GENERAL)

27757 Us Hwy 41, Michigamme, MI 49861-9006

Estimated value:

$660,000

1.36 AC lot

27672 Us Hwy 41

COMMERCIAL (GENERAL)

27672 Us Hwy 41, Michigamme, MI 49861-9006

Estimated value:

$80,000

1.38 AC lot

Us 41st Nestoria

COMMERCIAL (GENERAL)

Us 41st Nestoria, Michigamme, MI 49861

Estimated value:

$190,000

106 Main St

COMMERCIAL (GENERAL)

106 Main St, Michigamme, MI 49861-8002

Estimated value:

$160,000

0.10 AC lot

223 Main St

COMMERCIAL (GENERAL)

223 Main St, Michigamme, MI 49861-8028

Estimated value:

$75,000

1,200 sqft 0.25 AC lot

113 Main St

COMMERCIAL (GENERAL)

113 Main St, Michigamme, MI 49861-9800

Estimated value:

$275,000

948 sqft 0.20 AC lot

233 Main St

COMMERCIAL (GENERAL)

233 Main St, Michigamme, MI 49861-8003

Estimated value:

$75,000

1,008 sqft 0.50 AC lot

101 Main St

COMMERCIAL (GENERAL)

101 Main St, Michigamme, MI 49861-8004

Estimated value: by Request

1,920 sqft 0.25 AC lot

202 Main St

COMMERCIAL (GENERAL)

202 Main St, Michigamme, MI 49861

Estimated value:

$185,000

0.25 AC lot

322 Main St

COMMERCIAL (GENERAL)

322 Main St, Michigamme, MI 49861

Estimated value: by Request

1,086 sqft 0.30 AC lot

331 Brk St

VACANT COMMERCIAL LAND

331 Brk St, Michigamme, MI 49861

Estimated value: by Request

0.46 AC lot

Michigamme, MI Commercial Real Estate Market Trends and Statistics

Explore 46 commercial real estate for sale in Michigamme, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,224 square feet of properties for sale, with an estimated market value of $1,398,000.

Sale prices for business properties in Michigamme, MI start at $425,000, averaging $466,000, and reaching up to $548,000 — 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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Demographics Overview

Population 534

Population Growth (5Y) +1.5%

Median Household Income $66,806

College Educated 40.2%

High-Yield Neighborhoods for Investment

Identify Michigamme submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49861	$466K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marquette County

New Delisted

Total CRE Inventory on Market (SF)

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