Hospitality

Manistique, MI Hospitality Properties for Sale

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Thompson, MI Gulliver, MI Cooks, MI
Turnkey Lodging and Event Lodge
Updated: Jul 7
Turnkey Lodging and Event Lodge

8928 N Boot Lake Road, Manistique, MI 49854

$650,000
3,456 sqft · 1.77 AC lot
Timberwolf Lodge built in 2013 with 3,456 sq. ft. interior layout designed to sleep up to 18 guests
Wooded nearly 2‑acre setting bordering the Hiawatha National Forest, with a large paved patio and outdoor living spaces
Commercial‑grade kitchen for high‑volume catering, prep, and hosting large groups
Direct access to Haywire Grade Trail 41 for snowmobile and ATV travel—leave from the property to reach hundreds of miles of trails
Interior amenities include stone fireplace, interior sauna, laundry room, and dedicated coffee bar
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Historic Tavern Near Kitch-iti-kipi
Updated: May 12, 2025
Historic Tavern Near Kitch-iti-kipi

1263 M149 Highway, Manistique, MI 49854

$415,000
4,000 sqft · 21.82 AC lot
Rare and transferable Michigan Original 550 Resort Liquor License (statewide, unrestricted by population).
Prime location near Kitch‑iti‑kipi (Palms Book State Park) with over 200,000 annual visitors.
Direct access to Trail 7, appealing to ORV, snowmobile, and outdoor enthusiasts.
Established and thriving business with a long history and strong community ties.
Features outdoor dining and gas pumps, enhancing customer convenience.
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Manistique, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

Historic Waterfront Inn and Venue
Historic Waterfront Inn and Venue

13747 Main Street, Nahma, MI 49864

$750,000
6,397 sqft · 3.31 AC lot

Iconic Upper Peninsula hospitality property with waterfront access.

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Lakefront Campground with Owned Frontage
Lakefront Campground with Owned Frontage

E7609 Buckhorn Road, Munising, MI 49862

$2,300,000
3,100 sqft · 93.68 AC lot

Established campground with multiple accommodations and upgraded guest facilities along owned lake frontage in Michigan’s Upper Peninsula.

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Waterfront Campground Property
Waterfront Campground Property

7609 Buckhorn Road, Munising, MI 49862

$2,300,000
93.00 AC lot

Established campground on owned lake frontage with acreage and improvements suited to continued operation or recreational development.

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Historic Inn and General Store
Historic Inn and General Store

13747 Main St Ll, Nahma, MI 49864

$750,000

Unique 17-room hotel and venue in picturesque location.

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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.

Land Near Boot and Lily Lake
Land Near Boot and Lily Lake

N State Hwy M-94, Manistique, MI 49854

Contact for pricing
0.50 AC lot

0.5-acre property near Boot Lake and Lily Lake.

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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.

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Munising Acreage on Sand Point Road
Munising Acreage on Sand Point Road

on Sand Point Road, Munising, MI 49862

$200,000
17.00 AC lot

17-acre parcel with frontage on Sand Point Road, Munising, MI.

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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.

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Off-Market Properties in Manistique, MI

Consider similar Off-Market properties in Manistique, 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.

420 Walters Rd
MOTEL

420 Walters Rd, Manistique, MI 49854

Value Estimation by Request
1,052 sqft · 4.55 AC lot
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1422 Yager Rd
MOTEL

1422 Yager Rd, Manistique, MI 49854

Value Estimation by Request
1,944 sqft · 4.13 AC lot
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104 Pearl St
MOTEL

104 Pearl St, Manistique, MI 49854-1442

Value Estimation by Request
1,238 sqft · 0.26 AC lot
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905 Lakeshore Dr
HOTEL

905 Lakeshore Dr, Manistique, MI 49854-1685

$520,000
Estimated value
12,722 sqft · 2.01 AC lot
View details

Manistique, MI Hospitality Properties Market Trends and Statistics

Explore 6 hospitality properties for sale in Manistique, MI on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $415,000.

Sale prices for hospitality properties in Manistique, MI start at $415,000, averaging $415,000, and reaching up to $415,000 — 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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Demographics Overview

Population 6,148
Population Growth (5Y) -0.7%
Median Household Income $57,212
College Educated 27.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49854 $415K

Taxes & Financing

Tax Rate (average for all types) 4.41%
Property Tax per SF $81.50 per SF
Tax Rate vs County Average 0.84 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Schoolcraft County

New Delisted

Total CRE Inventory on Market (SF)

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