Hospitality

Drummond Island, MI Hospitality Properties for Sale

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De Tour Village, MI Goetzville, MI Pickford, MI
Waterfront Resort
Updated: Jul 2
Waterfront Resort

32544 S BOBBY Drive, Drummond Island, MI 49726

$799,000
2,890 sqft
Over 260 feet of direct waterfront on Maxton Bay with available dockage
Birch Lodge remodeled duplex accommodates up to 16 guests
First floor in Birch Lodge is handicap accessible and sleeps up to 10
Four two‑bedroom cabins plus one three‑bedroom cabin
On‑site bait shop for guests and local anglers
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Drummond Island Resort and RV
Updated: Sep 20, 2024
Drummond Island Resort and RV

Drummond Island, MI 49726

Contact for pricing
5,500 sqft
Turnkey resort and RV park business with established clientele and profitability.
Enjoy 630 feet of Lake Huron waterfront in a protected cove.
Includes 8 cottages and 25 full‑service RV sites.
Comes with 6 pontoon boats and 4 fishing boats for rental income.
Includes comfortable owner's residence and a one‑bedroom apartment.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Drummond Island, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Turn-Key Motel with Owner's Quarters
Turn-Key Motel with Owner's Quarters

Sault Sainte Marie, MI 49783

$995,000

Turn-key 18-unit motel with electric baseboard heat and individual AC, plus an owner’s quarters on a corner lot.

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Waterfront 6-Unit Motel and RV Campsites
Waterfront 6-Unit Motel and RV Campsites

9994 Michigan 68, Onaway, MI 49765

$325,000
2,150 sqft 1.72 AC lot

Waterfront hospitality property with a 6-unit motel plus up to 7 RV campsites with full hookups.

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Waterfront Marina Property
Waterfront Marina Property

Sault Sainte Marie, MI 49783

$550,000
68 sqft

Marina property with seasonal campsites, mobile home sites, wooded acreage, and a former convenience store and restaurant.

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Beachfront Resort with Cottages
Beachfront Resort with Cottages

4492 Co Road 489, Onaway, MI 49765

Contact for pricing

Well-maintained resort with a main home and furnished cottages, nearly 600 feet of sandy waterfront, and private boating access.

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Drummond Island, MI Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Drummond Island, MI on our real estate platform. These investment opportunities span a total of 8,390 square feet of properties for sale, with an estimated market value of $799,000.

Sale prices for hospitality properties in Drummond Island, MI average $799,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Resorts 3
Campgrounds 1

Demographics Overview

Population 1,106
Population Growth (5Y) +0.2%
Median Household Income $65,000
College Educated 37.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49726 $799K

Taxes & Financing

Tax Rate (average for all types) 2.57%
Tax Rate vs County Average 0.72 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Chippewa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Chippewa County

Retail

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