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Michigan

Hospitality

Gogebic County, MI Hospitality Properties for Sale

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Detroit, MI Grand Rapids, MI Kalamazoo, MI

Vintage Motel with Income Potential

Updated: Jul 9, 2024

Vintage Motel with Income Potential

663 E Cloverland Dr, Ironwood, MI 49938

$519,000

8,000 sqft

Income‑generating property with immense growth possibilities.
Large lot size: 34,848 sq. ft.
Five buildings including three houses on the property.
Motel with 8 rooms, office, and basement.
Seller financing with favorable rates available.

This listing looks promising.

Here's a quick look at some key insights for

663 E Cloverland Dr, Ironwood, MI 49938

View Property Analytics

Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$43K
Annual
Price @ 7% Cap

$611K
Above asking

View Property Analytics

Full Log Home with Acreage

Updated: May 1, 2025

Full Log Home with Acreage

5964 E US 2 Highway, Bessemer, MI 49938

$579,000

7,294 sqft · 11.00 AC lot

1979 full log home with 7000+ SF of living space and public water service
Lower level includes a second fireplace, another bar, sauna, and 3 bedrooms
Main floor features a massive stone fireplace, grand dining area, full kitchen, and 2 bathrooms
Bars on both levels plus a log staircase leading to a loft overlooking the main floor
Heating: forced air and oil; cooling includes central air and ceiling fans

Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 2 Active listings in Gogebic County, MI, we suggest exploring several alternatives: similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lac du Flambeau Land Parcel

Lac du Flambeau Land Parcel

1.91 AC HWY 70, Lac Du Flambeau, WI 54538

$59,900

1.91 AC lot

1.91-acre recreation-zoned land on Hwy 70, Lac du Flambeau.

Secluded 5-Acre Recreational Land

Secluded 5-Acre Recreational Land

251 TAMARACK LAKE RD, Iron River, MI 49935

$79,500

5.00 AC lot

5-acre recreational land with cabin near Tamarack Lake.

Eagle River Commercial Land Parcel

Eagle River Commercial Land Parcel

4365 WALL ST, Eagle River, WI 54521

$379,900

7.36 AC lot

7.36 acre commercial land with highway frontage in Eagle River.

Robinson Lake Waterfront Land Parcel

Robinson Lake Waterfront Land Parcel

301A-301B Robinson Lake Road, Iron River, MI 49935

$178,000

3.76 AC lot

3.76 acre parcel with 301 feet of lake frontage.

Off-Market Properties in Gogebic County, MI

Consider similar Off-Market properties in Gogebic County, 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.

12390 Black Riv Rd

HOTEL

12390 Black Riv Rd, Ironwood, MI 49938

Value Estimation by Request

8,521 sqft · 1.63 AC lot

105 Cloverland Dr

MOTEL

105 Cloverland Dr, Ironwood, MI 49938-1131

Value Estimation by Request

4,715 sqft · 0.50 AC lot

912 Us Hwy 2nd 2

MOTEL

912 Us Hwy 2nd 2, Wakefield, MI 49968-9510

Value Estimation by Request

4,320 sqft · 0.72 AC lot

124 Cloverland Dr

MOTEL

124 Cloverland Dr, Ironwood, MI 49938-1132

Value Estimation by Request

0.24 AC lot

146 Cloverland Dr

HOTEL

146 Cloverland Dr, Ironwood, MI 49938-1228

$980,000

Estimated value

17,050 sqft · 1.55 AC lot

260 Cloverland Dr

MOTEL

260 Cloverland Dr, Ironwood, MI 49938-1368

Value Estimation by Request

5,484 sqft · 2.03 AC lot

MOTEL

11071 Shr Rd, Marenisco, MI 49947

$585,000

Estimated value

8,757 sqft · 8.36 AC lot

9320 State Hwy M64

MOTEL

9320 State Hwy M64, Marenisco, MI 49947

Value Estimation by Request

3,380 sqft · 1.66 AC lot

777 Cloverland Dr

HOTEL

777 Cloverland Dr, Ironwood, MI 49938-1012

Value Estimation by Request

3,096 sqft · 4.16 AC lot

715 Cloverland Dr

MOTEL

715 Cloverland Dr, Ironwood, MI 49938-1012

Value Estimation by Request

5,382 sqft · 4.61 AC lot

112 Cloverland Dr

MOTEL

112 Cloverland Dr, Ironwood, MI 49938-1132

Value Estimation by Request

3,724 sqft · 0.38 AC lot

1117 Cloverland Dr

HOTEL

1117 Cloverland Dr, Ironwood, MI 49938-1601

$1,460,000

Estimated value

25,540 sqft · 1.04 AC lot

663 Cloverland Dr

Motels

663 Cloverland Dr, Ironwood, MI 49938

Value Estimation by Request

8,000 sqft

Marinas

N9600 M-64, Marenisco, MI 49947

Value Estimation by Request

36,788 sqft · 8.36 AC lot

447 Cloverland Dr, Unit 9

MOTEL

447 Cloverland Dr, Ironwood, MI 49938-1007

Unit 9

Value Estimation by Request

4,253 sqft · 0.71 AC lot

1200 Cloverland Dr

MOTEL

1200 Cloverland Dr, Ironwood, MI 49938-1604

$565,000

Estimated value

9,614 sqft · 0.63 AC lot

210 Cloverland Dr

HOTEL

210 Cloverland Dr, Ironwood, MI 49938-1306

$1,705,000

Estimated value

31,992 sqft · 2.25 AC lot

MOTEL

Back Motel, Bessemer, MI 49911

Value Estimation by Request

2,520 sqft

Gogebic County, MI Hospitality Properties Market Trends and Statistics

Explore 20 hospitality properties for sale in Gogebic County, MI on our real estate platform. These investment opportunities span a total of 15,294 square feet of properties for sale, with an estimated market value of $1,098,000.

Sale prices for hospitality properties in Gogebic County, MI start at $519,000, averaging $549,000, and reaching up to $579,000 — 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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