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    Munising, MI
    Hospitality

    Munising, MI Hospitality Properties for Sale

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    Waterfront Campground with Dock
    Updated: Jun 9
    Waterfront Campground with Dock

    E7609 Buckhorn Road, Munising, MI 49862

    $2,300,000
    3,100 sqft 93.68 AC lot
    Approximately 93.68 acres with 4,400 feet of owned lake frontage
    Established campground since 1972 with 57 campsites
    Newly constructed 1,344 SF home (2022), three bedrooms and two full bathrooms
    New camp store (2024) plus updated men’s and women’s bathhouses
    Two cabins, heated garage, lean‑to building, camper storage building, and storage container
    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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Munising, 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.

    Waterfront Hospitality Inn and Restaurant
    Waterfront Hospitality Inn and Restaurant

    13747 Main Street, Nahma, MI 49864

    $750,000
    6,397 sqft 3.31 AC lot

    Includes an 18-room operating hotel with bar and restaurant, plus a neighboring general store event venue and private dock access.

    View details
    Historic Inn with Bar and Dining
    Historic Inn with Bar and Dining

    10468 S Main Street, Rapid River, MI 49878

    $299,900
    3,938 sqft 0.26 AC lot

    Historic inn for sale featuring a full bar, dining area, kitchen, public bathrooms, and upstairs apartments in Rapid River.

    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
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    TBD US2, Rapid River, MI 49878

    $2,000,000

    Commercial land along US 2 with potential for a hotel, resort, or food establishment.

    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 Parcel with Lake Access
    Recreation Land Parcel with Lake Access

    N State Hwy M-94, Manistique, MI 49854

    Contact for pricing
    0.50 AC lot

    Recreation land parcel with electric available at the road and paved road access near Boot and Lily Lake.

    View details
    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.

    View details
    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.

    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

    Bed & breakfasts 1
    Campgrounds 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

    Total CRE Inventory on Market (SF)

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