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    Munising, MI Hospitality Properties for Sale

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    Shingleton, MI Au Train, MI Manistique, MI
    Lakefront Campground with Owned Frontage
    $2,300,000
    3,100 SF
    Lakefront Campground with Owned Frontage

    E7609 Buckhorn Road, Munising, MI 49862

    Established campground with multiple accommodations and upgraded guest facilities along owned lake frontage in Michigan’s Upper Peninsula.
    • Approximately 93 acres with about 4,400 ft of owned lake frontage on Otter Lake
    • Established campground since 1972 with 57 campsites and room for expansion
    • Newly constructed 1,344 SF home (2022) with 3 bedrooms and 2 full bathrooms
    • New camp store (2024) plus updated bathhouses, updated laundry and mechanical room
    • Two cabins, heated garage, lean‑to building, camper storage building, and storage container
    Updated: Jun 9
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    Turnkey Motel and Cabins Business
    $1,295,000
    1.88 Acres
    Turnkey Motel and Cabins Business

    E9454 Michigan 28, Munising, MI 49862

    Commercial property with motel, cabins, and home near Munising.
    • 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.
    Updated: Mar 7
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    Waterfront Campground Property
    $2,300,000
    93.00 Acres
    Waterfront Campground Property

    Established campground on owned lake frontage with acreage and improvements suited to continued operation or recreational development.

    7609 Buckhorn Road, Munising, MI 49862

    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Historic Waterfront Inn and Venue
    $750,000
    6,397 SF
    Historic Waterfront Inn and Venue

    Iconic Upper Peninsula hospitality property with waterfront access.

    13747 Main Street, Nahma, MI 49864

    View details
    Lakefront Cabin and Condo Portfolio
    $1,350,000
    5,550 SF
    Lakefront Cabin and Condo Portfolio

    Turnkey package with furnished cabins, multiple condo units, and buildable lots along Big Manistique Lake.

    16930 W Manilak Drive, Mcmillan, MI 49853

    View details
    Lakefront Cabin Portfolio with Boats
    $1,750,000
    Lakefront Cabin Portfolio with Boats

    Turnkey portfolio of furnished cabins on Big Manistique Lake, including boats and HOA developer rights.

    W16930 Manilak Dr, Mcmillan, MI 49853

    View details
    Historic Inn and General Store
    $750,000
    Historic Inn and General Store

    Unique 17-room hotel and venue in picturesque location.

    13747 Main St Ll, Nahma, MI 49864

    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
    $200,000
    17.00 Acres
    Munising Acreage on Sand Point Road

    17-acre parcel with frontage on Sand Point Road, Munising, MI.

    on Sand Point Road, Munising, MI 49862

    View details
    Land Near Boot and Lily Lake
    Contact for pricing
    0.50 Acres
    Land Near Boot and Lily Lake

    0.5-acre property near Boot Lake and Lily Lake.

    N State Hwy M-94, Manistique, MI 49854

    View details
    Campground-Ready Land with Road Frontage
    $385,000
    16.00 Acres
    Campground-Ready Land with Road Frontage

    Developed land with extensive road frontage and internal access roads, suited for a campground or small business venture.

    ST HWY M-77, Grand Marais, MI 49839

    View details
    Manistique Commercial Land For Sale
    $350,000
    14.34 Acres
    Manistique Commercial Land For Sale

    Vacant land with highway frontage near Lake Michigan.

    6838 W US2 Highway, Manistique, MI 49854

    View details

    Munising, MI Hospitality Properties Market Trends and Statistics

    Explore 3 hospitality properties for sale in Munising, MI, showcased through 3 active listings 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 $2,300,000.

    Sale prices for hospitality properties in Munising, MI start at $2,300,000, averaging $2,300,000, 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 $1.3M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Alger County

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