Hospitality

Michigamme, MI Hospitality Properties for Sale

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Republic, MI Champion, MI Covington, MI Ishpeming, MI L' Anse, MI Skanee, MI Amasa, MI Negaunee, MI
Found 7 hospitality property listings for sale in Michigamme, MI, averaging $112/sq ft. Use valuation data to compare deals faster.
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Lakefront Mixed-Use Property
Updated: Nov 12
Lakefront Mixed-Use Property

2116 US 41 Highway, Michigamme, MI 49861

$3,000,000
21,043 sqft 80.00 AC lot
80 acres with Lake Michigamme frontage
Approximately 24 buildings, including cabins and gathering facilities
Reported building area of 21,043 square feet
Dining hall includes a commercial kitchen, offices, bathrooms, and a lake‑facing deck
Camper and RV hookups, multiple parking areas, and established drivable roads
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Lakefront Mixed-Use Property
Updated: Sep 14
Lakefront Mixed-Use Property

E 40+/- Acres US 41 Highway, Michigamme, MI 49861

$2,000,000
21,043 sqft 40.00 AC lot
40 acres with approximately 24 buildings
21,043 square feet of building area
Lake frontage and paths connecting the grounds with Lake Michigamme
Main hall includes a state‑approved commercial kitchen, loading dock, offices, restrooms, and lake‑view deck
Cabins include varied layouts, with some offering ramps, porches, decks, bathrooms, or showers
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10-Room Motel with Residence
10-Room Motel with Residence

27837 US 41 Highway, Michigamme, MI 49861

$548,000
3,908 sqft 3.43 AC lot

Guest accommodations pair with an on-site caretaker residence, office, breakfast area, and small retail space.

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Motel With Caretaker Residence
Motel With Caretaker Residence

27837 Us 41, Michigamme, MI 49861

$548,000
4.00 AC lot

Ten guest rooms accompany an adjoining office and a renovated caretaker residence.

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Lakefront Resort With Manager Residence
Lakefront Resort With Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000
4,658 sqft 1.38 AC lot

Established hospitality property with guest accommodations, a private dock, and a separate residence for on-site management.

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Lakeside Resort with Manager Residence
Lakeside Resort with Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000
4,658 sqft 1.38 AC lot

Hospitality property with guest accommodations, waterfront access, and a separate residence suited to on-site management.

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Lakefront Resort
Lakefront Resort

27672 Us 41, Michigamme, MI 49861

$425,000

Ten guest bedrooms and a separate manager’s residence support lodging operations on a commercially zoned property.

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7 active listings match your search: Hospitality for sale in Michigamme, 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.

Lakefront Resort Four-Unit Property
Lakefront Resort Four-Unit Property

Crystal Falls, MI 49920

$519,900
2,276 sqft 1.60 AC lot

Four 2-bedroom, 1-bath units sit on 202 feet of sandy lake frontage with a permanent pier and guest dock facilities.

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Lakefront Resort with Cabins
Lakefront Resort with Cabins

229 E Lake Emily Road, Crystal Falls, MI 49920

$519,900
2,276 sqft 1.59 AC lot

Four two-bedroom accommodations offer open living and kitchen areas beside Lake Emily in a commercial-zoned setting.

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Riverfront Campground
Riverfront Campground

884 County Road Fab, Champion, MI 49814

$274,999
960 sqft 112.00 AC lot

Established camping facilities include a bathhouse, laundry, private well, septic system, and power at the campsites.

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Campground with RV Sites
Campground with RV Sites

884 Co Rd FAB, Champion, MI 49814

$274,999
112.00 AC lot

The property combines tent and RV camping areas with concrete pads, a bathhouse, and laundry facilities.

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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.

40-Acre Recreation Land
40-Acre Recreation Land

Black Creek W Road, Skanee, MI 49962

$58,800
40.00 AC lot

Vacant recreational parcel enrolled in Michigan’s CFA Program with access to four-season outdoor activities.

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Recreational Land with Forest Access
Recreational Land with Forest Access

Black Creek E Road, Skanee, MI 49962

$58,800
40.00 AC lot

Wooded recreational parcel offering access to surrounding forestland, nearby river recreation, and connected snowmobile trails.

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Commercial Land with US 41 Frontage
Commercial Land with US 41 Frontage

349 E US41 Highway, Negaunee, MI 49855

$1,400,000
2.33 AC lot

Level commercial parcel with paved parking, natural gas, high-speed internet, and a driveway serving US 41.

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Michigamme, MI Hospitality Properties Market Trends and Statistics

Explore 7 hospitality properties for sale in Michigamme, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 55,310 square feet of properties for sale, with an estimated market value of $7,371,000.

Sale prices for hospitality properties in Michigamme, MI start at $425,000, averaging $1,053,000, and reaching up to $3,000,000 — 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 5
Resorts 3
Campgrounds 2

Demographics Overview

Population 534
Population Growth (5Y) +1.5%
Median Household Income $66,806
College Educated 40.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49861 $789.2K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marquette County

New Delisted

Total CRE Inventory on Market (SF)

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