Michigamme, MI Commercial Real Estate for Sale

Notify Me
List
Map
Republic, MI Champion, MI Miami, FL Covington, MI L' Anse, MI Ishpeming, MI Skanee, MI Crystal Falls, 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
View details
Lakefront Resort With Manager Residence
Updated: Nov 14, 2025
Lakefront Resort With Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000
4,658 sqft 1.38 AC lot
350 feet of frontage between Ruth Lake and George Lake
4,658‑square‑foot resort property on 1.38 acres
10‑bedroom, 10‑bath lodging operation
More than 3,100 square feet in the lodge area
Separate 2‑bedroom, 2‑bath manager’s residence
View details
Lakeside Resort and Motel
Lakeside Resort and Motel

27672 US 41 Highway, Michigamme, MI 49861

$425,000
4,658 sqft 1.38 AC lot

Resort and motel with 10 suites and private dock overlooking scenic lake frontage between Ruth Lake and George Lake.

View details
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.

Turn-Key Trophy Deer Ranch with Enclosure
Turn-Key Trophy Deer Ranch with Enclosure

1325 County Road FI, Champion, MI 49814

$4,890,000
3,320 sqft 890.00 AC lot

Michigan Upper Peninsula deer ranch featuring a 10-ft fenced enclosure, private water assets, and executive residences for hosting.

View details
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.

View details
Wooded Recreation Land
Wooded Recreation Land

300 Acres Holli Blue Road, Republic, MI 49879

$449,000
300.00 AC lot

Heavily wooded acreage with gated interior access, ponds, building sites, and proximity to Lake Michigamme.

View details
Agricultural Land with Established Hay Field
Agricultural Land with Established Hay Field

Co Rd 601, Republic, MI 49879

$39,900
22.20 AC lot

22.2 acres with a maintained hay field, mixed mature trees, and two established deer blinds for recreation or hobby use.

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

$785,000
Estimated value
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
View details
2116 Us Hwy 41
COMMERCIAL (GENERAL)

2116 Us Hwy 41, Michigamme, MI 49861

$280,000
Estimated value
82.97 AC lot
View details
2126 Us Hwy 41
COMMERCIAL (GENERAL)

2126 Us Hwy 41, Michigamme, MI 49861

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

1915 Us Hwy 41, Michigamme, MI 49861

$155,000
Estimated value
3,292 sqft 1.08 AC lot
View details
27837 Us Hwy 41
COMMERCIAL (GENERAL)

27837 Us Hwy 41, Michigamme, MI 49861-9003

$170,000
Estimated value
1.67 AC lot
View details
27795 Us Hwy 41
COMMERCIAL (GENERAL)

27795 Us Hwy 41, Michigamme, MI 49861-9003

$75,000
Estimated value
1.25 AC lot
View details
27757 Us Hwy 41
COMMERCIAL (GENERAL)

27757 Us Hwy 41, Michigamme, MI 49861-9006

$660,000
Estimated value
1.36 AC lot
View details
27672 Us Hwy 41
COMMERCIAL (GENERAL)

27672 Us Hwy 41, Michigamme, MI 49861-9006

$80,000
Estimated value
1.38 AC lot
View details
Us 41st Nestoria
COMMERCIAL (GENERAL)

Us 41st Nestoria, Michigamme, MI 49861

$190,000
Estimated value
View details
106 Main St
COMMERCIAL (GENERAL)

106 Main St, Michigamme, MI 49861-8002

$160,000
Estimated value
0.10 AC lot
View details
223 Main St
COMMERCIAL (GENERAL)

223 Main St, Michigamme, MI 49861-8028

$75,000
Estimated value
1,200 sqft 0.25 AC lot
View details
113 Main St
COMMERCIAL (GENERAL)

113 Main St, Michigamme, MI 49861-9800

$275,000
Estimated value
948 sqft 0.20 AC lot
View details
233 Main St
COMMERCIAL (GENERAL)

233 Main St, Michigamme, MI 49861-8003

$75,000
Estimated value
1,008 sqft 0.50 AC lot
View details
101 Main St
COMMERCIAL (GENERAL)

101 Main St, Michigamme, MI 49861-8004

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

202 Main St, Michigamme, MI 49861

$185,000
Estimated value
0.25 AC lot
View details
322 Main St
COMMERCIAL (GENERAL)

322 Main St, Michigamme, MI 49861

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

331 Brk St, Michigamme, MI 49861

Value Estimation by Request
0.46 AC lot
View details

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.

List
Map

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)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings