Michigamme, MI Commercial Real Estate for Sale

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Champion, MI Republic, MI Covington, MI
Lakeside Resort and Motel
Updated: Nov 14, 2025
Lakeside Resort and Motel

27672 US 41 Highway, Michigamme, MI 49861

$425,000
4,658 sqft · 1.38 AC lot
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.
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Lakeside Resort and Motel
Updated: Nov 14, 2025
Lakeside Resort and Motel

27672 US 41 Highway, Michigamme, MI 49861

$425,000
4,658 sqft · 1.38 AC lot
Lakeside resort overlooking 350 feet of frontage between Ruth Lake and George Lake in Spurr Township’s Three Lakes Region
The Bear’s Paw features 10 bedrooms and 10 bathrooms for guests, vacationers, hunters, and travelers
Lodge offers 3,100+ SF with pine finishes and guest suites; recent updates include remodeled baths
Includes on‑site amenities such as LED televisions, multiple refrigerators, and air‑conditioning units
Private dock plus four outbuildings for storage and recreation gear
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Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 2 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.

Turn-Key Deer Ranch Estate
Turn-Key Deer Ranch Estate

1325 County Road FI, Champion, MI 49814

$4,890,000
3,320 sqft · 890.00 AC lot

A fully equipped deer ranch with extensive 10-ft fenced acreage and multi-residence lodging for hosted hunting groups.

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Baraga County Acreage Ready To Go
Baraga County Acreage Ready To Go

16130 Bellaire Road, Baraga, MI 49908

$34,900
3.62 AC lot

3.62 acres of attractive rolling land in Baraga County.

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10-Foot Enclosed Deer Ranch
10-Foot Enclosed Deer Ranch

1325 County Road Fi, Champion, MI 49814

$4,890,000
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.

View details
Land with Insulated Steel Garage
Land with Insulated Steel Garage

13318 Cadeau Road, Baraga, MI 49908

$63,000
7.00 AC lot

Build-ready acreage with a fully insulated, steel-sided garage and multiple overhead doors for vehicle and equipment storage.

View details

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

Value Estimation by Request
7.20 AC lot
View details
134 Brown Rd
COMMERCIAL (GENERAL)

134 Brown Rd, Michigamme, MI 49861-8010

Value Estimation by Request
8,001 sqft · 21.01 AC lot
View details
29471 Us Hwy 41
COMMERCIAL (GENERAL)

29471 Us Hwy 41, Michigamme, MI 49861-9000

Value Estimation by Request
1.86 AC lot
View details
105 Max St
COMMERCIAL (GENERAL)

105 Max St, Michigamme, MI 49861-8008

Value Estimation by Request
1,876 sqft · 0.25 AC lot
View details
27901 Us-41 Hwy
Retail properties & Spaces

27901 Us-41 Hwy, Michigamme, MI 49861

Value Estimation by Request
1,447 sqft · 2.27 AC lot
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2116 Us Hwy 41
COMMERCIAL (GENERAL)

2116 Us Hwy 41, Michigamme, MI 49861

Value Estimation by Request
82.97 AC lot
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2126 Us Hwy 41
COMMERCIAL (GENERAL)

2126 Us Hwy 41, Michigamme, MI 49861

Value Estimation by Request
520 sqft · 17.30 AC lot
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1915 Us Hwy 41
COMMERCIAL (GENERAL)

1915 Us Hwy 41, Michigamme, MI 49861

Value Estimation by Request
3,292 sqft · 1.08 AC lot
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27837 Us Hwy 41
COMMERCIAL (GENERAL)

27837 Us Hwy 41, Michigamme, MI 49861-9003

Value Estimation by Request
1.67 AC lot
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27795 Us Hwy 41
COMMERCIAL (GENERAL)

27795 Us Hwy 41, Michigamme, MI 49861-9003

Value Estimation by Request
1.25 AC lot
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27757 Us Hwy 41
COMMERCIAL (GENERAL)

27757 Us Hwy 41, Michigamme, MI 49861-9006

Value Estimation by Request
1.36 AC lot
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27672 Us Hwy 41
COMMERCIAL (GENERAL)

27672 Us Hwy 41, Michigamme, MI 49861-9006

Value Estimation by Request
1.38 AC lot
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Us 41st Nestoria
COMMERCIAL (GENERAL)

Us 41st Nestoria, Michigamme, MI 49861

Value Estimation by Request
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106 Main St
COMMERCIAL (GENERAL)

106 Main St, Michigamme, MI 49861-8002

Value Estimation by Request
0.10 AC lot
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223 Main St
COMMERCIAL (GENERAL)

223 Main St, Michigamme, MI 49861-8028

Value Estimation by Request
1,200 sqft · 0.25 AC lot
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113 Main St
COMMERCIAL (GENERAL)

113 Main St, Michigamme, MI 49861-9800

Value Estimation by Request
948 sqft · 0.20 AC lot
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233 Main St
COMMERCIAL (GENERAL)

233 Main St, Michigamme, MI 49861-8003

Value Estimation by Request
1,008 sqft · 0.50 AC lot
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101 Main St
COMMERCIAL (GENERAL)

101 Main St, Michigamme, MI 49861-8004

Value Estimation by Request
1,920 sqft · 0.25 AC lot
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202 Main St
COMMERCIAL (GENERAL)

202 Main St, Michigamme, MI 49861

Value Estimation by Request
0.25 AC lot
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322 Main St
COMMERCIAL (GENERAL)

322 Main St, Michigamme, MI 49861

Value Estimation by Request
1,086 sqft · 0.30 AC lot
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331 Brk St
VACANT COMMERCIAL LAND

331 Brk St, Michigamme, MI 49861

Value Estimation by Request
0.46 AC lot
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109 Brown Rd
COMMERCIAL (GENERAL)

109 Brown Rd, Michigamme, MI 49861-8010

Value Estimation by Request
View details

Michigamme, MI Commercial Real Estate Market Trends and Statistics

Explore 45 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 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 $425K

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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