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    Michigamme, MI Commercial Real Estate for Sale

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    Champion, MI Covington, MI Republic, MI
    Lakeside Resort and Motel
    $425,000
    4,658 SF

    Lakeside Resort and Motel

    27672 US 41 Highway, Michigamme, MI 49861

    Established 10-bedroom resort/motel on 1.38 acres with lake frontage.

    • Established 10‑bedroom, 10‑bath resort/motel (The Bear's Paw) with income potential.
    • Enjoy 350 feet of lake frontage on Ruth Lake and George Lake in Michigan's Upper Peninsula.
    • Includes a spacious two‑bedroom, two‑bath manager's residence.
    • Modern updates throughout the lodge, including remodeled baths and air conditioning.
    • Private dock and four outbuildings for storage and recreation.
    Updated: Nov 14, 2025
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    Lakeside Resort and Motel
    $425,000
    4,658 SF

    Lakeside Resort and Motel

    27672 US 41 Highway, Michigamme, MI 49861

    Hospitality destination with lake frontage in Michigan's Upper Peninsula.

    • Established 10‑bedroom, 10‑bath resort/motel with 350 feet of lake frontage on Ruth Lake and George Lake.
    • Includes a spacious two‑bedroom, two‑bath manager's residence with full kitchen and office.
    • Turnkey business opportunity with a history of welcoming vacationers, hunters, and travelers.
    • Updated lodge with remodeled baths, LED televisions, air‑conditioning, and quality bedding.
    • Private dock and four outbuildings for storage and recreation.
    Updated: Nov 14, 2025
    View details
    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 2 Active listings in Michigamme, MI, we suggest exploring several alternatives: similar 45 Off-Market properties to explore as potential leads

    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

    26498 Us 41

    COMMERCIAL (GENERAL) • 7.20 Acres
    Value Estimation by Request
    26498 Us 41, Michigamme, MI 49861
    View details
    134 Brown Rd

    134 Brown Rd

    COMMERCIAL (GENERAL) • 8,001 SF
    Value Estimation by Request
    134 Brown Rd, Michigamme, MI 49861-8010
    View details
    29471 Us Hwy 41

    29471 Us Hwy 41

    COMMERCIAL (GENERAL) • 1.86 Acres
    Value Estimation by Request
    29471 Us Hwy 41, Michigamme, MI 49861-9000
    View details
    105 Max St

    105 Max St

    COMMERCIAL (GENERAL) • 1,876 SF
    Value Estimation by Request
    105 Max St, Michigamme, MI 49861-8008
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    27901 Us-41 Hwy

    27901 Us-41 Hwy

    Retail properties & Spaces • 1,447 SF
    Value Estimation by Request
    27901 Us-41 Hwy, Michigamme, MI 49861
    View details
    2116 Us Hwy 41

    2116 Us Hwy 41

    COMMERCIAL (GENERAL) • 82.97 Acres
    Value Estimation by Request
    2116 Us Hwy 41, Michigamme, MI 49861
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    2126 Us Hwy 41

    2126 Us Hwy 41

    COMMERCIAL (GENERAL) • 520 SF
    Value Estimation by Request
    2126 Us Hwy 41, Michigamme, MI 49861
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    1915 Us Hwy 41

    1915 Us Hwy 41

    COMMERCIAL (GENERAL) • 3,292 SF
    Value Estimation by Request
    1915 Us Hwy 41, Michigamme, MI 49861
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    27837 Us Hwy 41

    27837 Us Hwy 41

    COMMERCIAL (GENERAL) • 1.67 Acres
    Value Estimation by Request
    27837 Us Hwy 41, Michigamme, MI 49861-9003
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    27795 Us Hwy 41

    27795 Us Hwy 41

    COMMERCIAL (GENERAL) • 1.25 Acres
    Value Estimation by Request
    27795 Us Hwy 41, Michigamme, MI 49861-9003
    View details
    27757 Us Hwy 41

    27757 Us Hwy 41

    COMMERCIAL (GENERAL) • 1.36 Acres
    Value Estimation by Request
    27757 Us Hwy 41, Michigamme, MI 49861-9006
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    27672 Us Hwy 41

    27672 Us Hwy 41

    COMMERCIAL (GENERAL) • 1.38 Acres
    Value Estimation by Request
    27672 Us Hwy 41, Michigamme, MI 49861-9006
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    Us 41st Nestoria

    Us 41st Nestoria

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Us 41st Nestoria, Michigamme, MI 49861
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    233 Main St

    233 Main St

    COMMERCIAL (GENERAL) • 1,008 SF
    Value Estimation by Request
    233 Main St, Michigamme, MI 49861-8003
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    233 Main St

    233 Main St

    VACANT COMMERCIAL LAND • 0.21 Acres
    Value Estimation by Request
    233 Main St, Michigamme, MI 49861-8003
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    106 Main St

    106 Main St

    COMMERCIAL (GENERAL) • 0.10 Acres
    Value Estimation by Request
    106 Main St, Michigamme, MI 49861-8002
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    223 Main St

    223 Main St

    COMMERCIAL (GENERAL) • 1,200 SF
    Value Estimation by Request
    223 Main St, Michigamme, MI 49861-8028
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    113 Main St

    113 Main St

    COMMERCIAL (GENERAL) • 948 SF
    Value Estimation by Request
    113 Main St, Michigamme, MI 49861-9800
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    233 Main St

    233 Main St

    COMMERCIAL (GENERAL) • 1,008 SF
    Value Estimation by Request
    233 Main St, Michigamme, MI 49861-8003
    View details
    101 Main St

    101 Main St

    COMMERCIAL (GENERAL) • 1,920 SF
    Value Estimation by Request
    101 Main St, Michigamme, MI 49861-8004
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    202 Main St

    202 Main St

    COMMERCIAL (GENERAL) • 0.25 Acres
    Value Estimation by Request
    202 Main St, Michigamme, MI 49861
    View details
    322 Main St

    322 Main St

    COMMERCIAL (GENERAL) • 1,086 SF
    Value Estimation by Request
    322 Main St, Michigamme, MI 49861
    View details

    Michigamme, MI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 47 commercial real estate for sale in Michigamme, MI on our real estate platform. These investment opportunities span a total of 9,316 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for business properties in Michigamme, MI start at $425,000, averaging $425,000, and reaching up to $425,000 — 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 Strategic Investment

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

    Neighborhood Average Price
    49861 $425K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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