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    Gould City, MI
    Hospitality

    Gould City, MI Hospitality Properties for Sale

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    Curtis, MI Engadine, MI Naubinway, MI Germfask, MI Gulliver, MI Mcmillan, MI Newberry, MI Manistique, MI
    Waterfront Resort with Rental Cabins
    Updated: Jul 14
    Waterfront Resort with Rental Cabins

    17461 W Norton Rd., Gould City, MI 49838

    $1,425,000
    3.75 AC lot
    Fully operating waterfront resort business on South Manistique Lake in Michigan’s Upper Peninsula
    3.75‑acre lakefront parcel with 400 ft of direct lake frontage
    11 fully operating weekly rental cabins with established booking system
    On‑site owners residence: log home with 2 beds, 2 baths, and about 1,600 sq ft
    Seasonal occupancy noted with peak summer demand and supplemental winter weekend bookings
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    Hospitality and Entertainment Complex
    Updated: Jul 21
    Hospitality and Entertainment Complex

    W16431 US-2, Gould City, MI 49838

    $600,000
    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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    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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Gould City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Waterfront Hospitality Inn and Restaurant
    Waterfront Hospitality Inn and Restaurant

    13747 Main Street, Nahma, MI 49864

    $750,000
    6,397 sqft 3.31 AC lot

    Includes an 18-room operating hotel with bar and restaurant, plus a neighboring general store event venue and private dock access.

    View details
    Turnkey Waterfront Resort Property
    Turnkey Waterfront Resort Property

    16878 County Road 505, Newberry, MI 49868

    $1,595,000
    7,600 sqft 25.00 AC lot

    Turnkey resort with eight rental cabins, guest house, and nearly 1,700 feet of waterfront frontage on private Halfway Lake.

    View details
    Turnkey Waterfront Resort Cottages
    Turnkey Waterfront Resort Cottages

    Newberry, MI 49868

    $1,595,000
    25.00 AC lot

    Turnkey resort on private Halfway Lake with multiple rental cabins and nearly 1,700 feet of lake frontage.

    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.

    Milakokia Lake Waterfront Land
    Milakokia Lake Waterfront Land

    Champs Elysees Road, Gould City, MI 49838

    Contact for pricing
    0.77 AC lot

    Waterfront recreational land with 99.9 feet of lake frontage, suitable for water access and tent camping.

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    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
    Manistique Commercial Land For Sale
    Manistique Commercial Land For Sale

    6838 W US2 Highway, Manistique, MI 49854

    $350,000
    14.34 AC lot

    Vacant land with highway frontage near Lake Michigan.

    View details
    Tahquamenon Riverfront Acreage For Sale
    Tahquamenon Riverfront Acreage For Sale

    Laurel Lake Trail lot: No Legal Insurable Road Access, Newberry, MI 49868

    $98,000
    45.00 AC lot

    45 acres with 1,400 feet of Tahquamenon River frontage.

    View details

    Gould City, MI Hospitality Properties Market Trends and Statistics

    Explore 2 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 $2,025,000.

    Sale prices for hospitality properties in Gould City, MI start at $600,000, averaging $1,012,500, and reaching up to $1,425,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1
    Resorts 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%

    Listings Trend

    New vs delisted commercial listings in Mackinac County

    New Delisted

    Total CRE Inventory on Market (SF)

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