Michigamme, MI Hospitality properties for sale

Updated: Nov 14, 2025

Lakeside Motel with Lakefront Frontage

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

Overlooks 350 feet of frontage between Ruth Lake and George Lake
The Bear’s Paw: 10‑bedroom, 10‑bath resort and motel
More than 3,100 square feet in the lodge with recent updates
Private dock plus four outbuildings for storage and recreation
Manager’s residence includes two bedrooms, two bathrooms, full kitchen, dining, and office

View details

Updated: Nov 14, 2025

Lakeside Resort and Motel

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

Overlooks 350 ft of waterfront frontage between Ruth Lake and George Lake in Michigan’s Upper Peninsula
The Bear’s Paw resort/motel offers 10 bedrooms and 10 bathrooms
More than 3,100 SF lodge with pine finishes and remodeled baths
On‑site amenities include a private dock and security lighting; parking lot included
Manager’s residence includes 2 bedrooms and 2 bathrooms with a full kitchen, dining room, and office space

View details

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 Michigamme, 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.

Four-Unit Lakefront Resort

229 E Lake Emily Road, Crystal Falls, MI 49920

$519,900

2,276 sqft 1.59 AC lot

Four two-bedroom, one-bath units on Lake Emily with 202 feet of sandy frontage and a permanent pier.

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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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Assisted Living Facility with Garage

101 Kirkpatrick Avenue, Palmer, MI 49871

$345,000

5,200 sqft 0.25 AC lot

Licensed adult foster care property with multiple living areas, accessible entries, furnishings, and commercial zoning.

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Adult Foster Care and Hospitality Property

101 Kirkpatrick Avenue, Palmer, MI 49871

$345,000

5,200 sqft 0.25 AC lot

Licensed adult foster care home with multi-level living space and a heated attached garage on a corner lot with paved access.

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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.

276 Acres Hunting Land with Cabin

County Rd. FU, Republic, MI 49879

$650,000

276.00 AC lot

Elite hunting land featuring a log cabin and two lakes.

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Michigan Wilderness Recreational Land For Sale

Black Creek W Road, Skanee, MI 49962

$58,800

40.00 AC lot

40-acre recreational property near Copper Country State Forest.

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Michigan Wilderness Recreational Land Parcel

Black Creek E Road, Skanee, MI 49962

$58,800

40.00 AC lot

40-acre recreational property near Copper Country State Forest.

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Commercial Lot on US-41 Highway

349 E US41 Highway, Negaunee, MI 49855

$1,400,000

2.33 AC lot

High-visibility 2.33-acre commercial lot with utilities in Negaunee Township.

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Michigamme, MI Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Michigamme, MI on our real estate platform. These investment opportunities span a total of 9,316 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for hospitality properties in Michigamme, MI average $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.

Neighborhood	Average Price
49861	$425K

Neighborhood

Average Price

49861

$425K

Michigamme, MI Hospitality Properties for Sale

27672 US 41 Highway, Michigamme, MI 49861

27672 US 41 Highway, Michigamme, MI 49861