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    Gould City, MI
    Hospitality

    Gould City, MI Hospitality Properties for Sale

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    Engadine, MI Curtis, MI Germfask, MI Gulliver, MI Naubinway, MI Mcmillan, MI Newberry, MI
    Hospitality and Entertainment Complex
    Updated: Jul 21
    Hospitality and Entertainment Complex

    W16431 US-2, Gould City, MI 49838

    $430,000
    7,333 sqft
    Fully operational, income‑producing commercial property with 4 established revenue streams: restaurant/lounge, 8‑room motel, outdoor concert venue, and year‑round events.
    Includes a Michigan liquor license for on‑premise service, Sunday sales, and carry‑out alcohol purchases.
    Outdoor concert venue designed for up to 1,000‑person events.
    Recent upgrades include renovated restaurant and bar areas and updated motel bathrooms.
    Property features durable steel roofs plus a $35,000 commercial pizza oven and screened outdoor dining.
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Hospitality for sale in Gould City, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    Historic 16-Room Hotel With Restaurant
    Historic 16-Room Hotel With Restaurant

    13747 Main Street, Nahma, MI 49864

    $500,000
    6,397 sqft 0.60 AC lot

    Operating hospitality property combines guest lodging with an on-site bar and restaurant.

    View details
    Turnkey Motel and Cabins Business
    Turnkey Motel and Cabins Business

    E9454 Michigan 28, Munising, MI 49862

    $1,295,000
    1.88 AC lot

    Commercial property with motel, cabins, and home near Munising.

    View details
    12-Room Motel
    12-Room Motel

    332 E Onota, Munising, MI 49862

    $849,500

    A separate two-bedroom residence currently operates as a short-term rental alongside the motel.

    View details
    Historic Inn and General Store
    Historic Inn and General Store

    13747 Main St Ll, Nahma, MI 49864

    Contact for pricing

    Unique 17-room hotel and venue in picturesque location.

    View details

    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.

    Gulliver Waterfront Land Parcel
    Gulliver Waterfront Land Parcel

    Parcel C 437' on Top O' the Lake Road, Gulliver, MI 49840

    $825,000
    4.47 AC lot

    4.47 acre waterfront parcel with 437' frontage.

    View details

    Gould City, MI Hospitality Properties Market Trends and Statistics

    Explore 1 hospitality properties for sale in Gould City, MI on our real estate platform. These investment opportunities span a total of 7,333 square feet of properties for sale, with an estimated market value of $430,000.

    Sale prices for hospitality properties in Gould City, MI average $430,000 — 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

    Motels 1

    Demographics Overview

    Population 434
    Population Growth (5Y) -14.4%
    Median Household Income $39,773
    College Educated 16.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49838 $1M

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Tax Rate vs County Average 1.06 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Gould City, MI

    • 49838
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