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    Munising, MI
    Hospitality

    Munising, MI Hospitality Properties for Sale

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    Shingleton, MI Au Train, MI Wetmore, MI Chatham, MI Manistique, MI Deerton, MI Trenary, MI Eben Junction, MI
    Established Waterfront Campground
    Updated: Jun 9
    Established Waterfront Campground

    E7609 Buckhorn Road, Munising, MI 49862

    $2,300,000
    3,100 sqft 93.68 AC lot
    57 campsites with 4,400 feet of owned lake frontage
    1,344‑square‑foot home built in 2022 with 3 bedrooms and 2 full bathrooms
    Camp store added in 2024
    Two cabins plus updated men’s and women’s bathhouses
    Dock, playground, basketball court, fire pit, and storage buildings
    View details
    Turnkey Motel and Cabins Business
    Updated: Mar 7
    Turnkey Motel and Cabins Business

    E9454 Michigan 28, Munising, MI 49862

    $1,295,000
    1.88 AC lot
    Turnkey motel and cabin business with expansion potential on 1.88 acres.
    Includes a 12‑unit motel, 4 log cabins (built in 2009), and a 2‑bedroom owner's home/office.
    Prime location minutes from downtown Munising and major tourist attractions.
    Ideal for hospitality business, vacation rentals, or multi‑use commercial development.
    Located in Munising, a thriving tourist destination with high seasonal foot traffic.
    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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Munising, 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.

    Historic 16-Room Hotel With Restaurant
    Historic 16-Room Hotel With Restaurant

    13747 Main Street, Nahma, MI 49864

    $500,000
    6,397 sqft 0.60 AC lot

    Operating hospitality property combines guest lodging with an on-site bar and restaurant.

    View details
    Updated Hotel with Outdoor Amenities
    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
    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
    Historic Inn and General Store
    Historic Inn and General Store

    13747 Main St Ll, Nahma, MI 49864

    Contact for pricing

    Unique 17-room hotel and venue in picturesque location.

    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.

    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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    Recreation Land with Road Access
    Recreation Land with Road Access

    N State Hwy M-94, Manistique, MI 49854

    Contact for pricing
    0.50 AC lot

    Paved-road access and electric at the road support recreational use or a future cabin, camper, or build.

    View details

    Munising, MI Hospitality Properties Market Trends and Statistics

    Explore 2 hospitality properties for sale in Munising, MI on our real estate platform. These investment opportunities span a total of 3,100 square feet of properties for sale, with an estimated market value of $3,595,000.

    Sale prices for hospitality properties in Munising, MI start at $1,295,000, averaging $1,797,500, and reaching up to $2,300,000 — 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

    Campgrounds 2
    Bed & breakfasts 1
    Motels 1

    Demographics Overview

    Population 4,532
    Population Growth (5Y) -12.1%
    Median Household Income $59,575
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49862 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.84%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Alger County

    New Delisted

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