Hospitality

Luther, MI Hospitality Properties for Sale

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Waterfront Land With Lodge
Updated: Jul 27
Waterfront Land With Lodge

3943 N Skookum Road, Luther, MI 49656

$3,900,000
22,755 sqft 670.00 AC lot
Private Rockwell Lake described as approximately 45‑50 acres
12,500 sq ft lodge with 10 guest suites, commercial kitchen, dining areas, and gathering spaces
Four additional residential buildings totaling approximately 8,800 sq ft of living space
Separate manager's residence plus maintenance and support buildings
Wooded grounds with an established trail system
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Mixed-Use Campus with Private Lake
Updated: Oct 2, 2025
Mixed-Use Campus with Private Lake

3943 N Skookum Road, Luther, MI 49656

$5,900,000
22,755 sqft 668.82 AC lot
12,500‑square‑foot lodge with 10 guest suites
Commercial kitchen, dining areas, and gathering spaces
Four additional residential buildings totaling approximately 8,800 square feet
Private 45‑50‑acre lake with extensive wooded trail systems
Backup generators, utilities, private water service, and existing infrastructure
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Lakeside Resort Campus
Lakeside Resort Campus

3943 N Skookum Road, Luther, MI 49656

$5,900,000
22,755 sqft 668.82 AC lot

Wooded hospitality campus with guest accommodations, gathering areas, residential buildings, and extensive private recreational amenities.

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Private Retreat Campus with Private Lake
Private Retreat Campus with Private Lake

3943 N Skookum Road, Luther, MI 49656

$5,900,000
22,755 sqft 670.00 AC lot

Private campus with a lodge, guest suites, multiple residential buildings, trails, and a 45–50 acre lake for program uses.

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4 active listings match your search: Hospitality for sale in Luther, MI. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 3 land listings with development potential.

Opportunities in Nearby Cities

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

Forest Campground with 69 Sites
Forest Campground with 69 Sites

Irons, MI 49644

$650,000
8,000 sqft

Wooded campground with lodging, recreation amenities, and an on-site residence in a northern Michigan outdoor setting.

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Unique Lodge in Manistee Forest
Unique Lodge in Manistee Forest

1306 North Tippy Dam Road, Wellston, MI 49689

$900,000
2,778 sqft

One-of-a-kind retreat in Michigan's Manistee National Forest.

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Forest Campground with Rental Cabins
Forest Campground with Rental Cabins

9581 N Brooks Road, Irons, MI 49644

$650,000
8,000 sqft 30.00 AC lot

A 30-acre recreational property combines overnight camping with on-site lodging and guest amenities.

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Tippy Dam Lodge Resort
Tippy Dam Lodge Resort

1306 N Tippy Dam Road, Wellston, MI 49689

$900,000
22.24 AC lot

Multi-building hospitality property with guest sleeping quarters, event space, and a commercial kitchen and dining facility.

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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.

Commercial Land Parcel
Commercial Land Parcel

7859 S US-131, Cadillac, MI 49601

$360,000
8.00 AC lot

Undeveloped parcel positioned near established commercial, office, medical, lodging, restaurant, and retail uses.

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Development Parcel with Existing Home
Development Parcel with Existing Home

7801 S US-131, Cadillac, MI 49601

$540,000
1,236 sqft 12.00 AC lot

12-acre parcel for commercial development with a livable 1,860 sq ft home and potential zoning change.

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Development Land Parcel
Development Land Parcel

7801 S US-131, Cadillac, MI 49601

$540,000
12.00 AC lot

12-acre parcel zoned residential near US-131 access, with a livable home and surrounding commercial and office/service uses.

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Luther, MI Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in Luther, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 91,020 square feet of properties for sale, with an estimated market value of $21,600,000.

Sale prices for hospitality properties in Luther, MI start at $3,900,000, averaging $5,400,000, and reaching up to $5,900,000 — 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 4
Campgrounds 3

Demographics Overview

Population 2,111
Population Growth (5Y) +30.6%
Median Household Income $55,781
College Educated 13.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49656 $4.6M

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

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