Michigamme, MI Hospitality properties for sale

Updated: Aug 20

10-Room Motel With Residence

27837 US 41 Highway, Michigamme, MI 49861

$548,000

3,908 sqft 3.43 AC lot

10 guest rooms plus a two‑bedroom, one‑bath caretaker’s residence with adjoining office
3.43‑acre motel property with 3,908 square feet of building area
Located on US 41 in the Three Lakes area of Michigan’s Upper Peninsula
Guest rooms include 42‑inch TVs, microwaves, mini refrigerators, and updated finishes
Detached garage, pole building, workshop, and shed provide additional storage

View details

Updated: Nov 14, 2025

Lakeside Resort with Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

10‑bedroom, 10‑bath resort operation
350 feet of waterfront between Ruth Lake and George Lake
Two‑bedroom, two‑bath manager's residence with kitchen, dining room, and office
4,658 square feet on 1.38 acres
Private dock and four outbuildings

View details

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.

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 9 Potential Opportunities for your consideration. Besides 3 Active listings in Michigamme, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

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.

View details

COMMERCIAL - Crystal Falls, MI

229 E Lake Emily Rd, Crystal Falls, MI 49920

$519,900

2,276 sqft 1.59 AC lot

Four 2-bedroom units sit on sandy Lake Emily frontage with a permanent pier and dedicated fish cleaning facilities.

View details

Updated Hotel with Outdoor Amenities

190 East M - 35 Highway, Gwinn, MI 49841

$730,000

7,263 sqft 2.87 AC lot

Guest rooms include refreshed furnishings, in-room conveniences, and one kitchenette suite for extended stays.

View details

Motel with Outdoor Patio

190 E M - 35 Highway, Gwinn, MI 49841

$730,000

7,263 sqft 2.87 AC lot

Updated guest rooms, a kitchenette suite, and outdoor amenities support overnight and extended-stay hospitality use.

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.

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.

View details

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.

View details

Michigamme, MI Hospitality Properties Market Trends and Statistics

Explore 3 hospitality properties for sale in Michigamme, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,224 square feet of properties for sale, with an estimated market value of $1,398,000.

Sale prices for hospitality properties in Michigamme, MI start at $425,000, averaging $466,000, and reaching up to $548,000 — 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
Michigamme - 49861	$466K
Marquette - 49855	$548K

Neighborhood

Average Price

Michigamme - 49861

$466K

Marquette - 49855

$548K

Michigamme, MI Hospitality Properties for Sale

27837 US 41 Highway, Michigamme, MI 49861

27672 US 41 Highway, Michigamme, MI 49861

27672 US 41 Highway, Michigamme, MI 49861