Hospitality

Negaunee, MI Hospitality Properties for Sale

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Ishpeming, MI Marquette, MI Champion, MI Gwinn, MI Michigamme, MI Skandia, MI Republic, MI Big Bay, MI
Commercial Land with US 41 Frontage
Updated: Jul 3, 2025
Commercial Land with US 41 Frontage

349 E US41 Highway, Negaunee, MI 49855

$1,400,000
2.33 AC lot
2.33‑acre commercial land parcel in Negaunee Township
200 feet of frontage on US 41
US 41 is four lanes at this location with a center turn lane
Existing motel, residence, and camp sites; buildings may be removed
Paved parking area, natural gas, high‑speed internet, and on‑site driveway
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Negaunee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

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.

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10-Room Motel With Residence
10-Room Motel With Residence

27837 US 41 Highway, Michigamme, MI 49861

$548,000
3,908 sqft 3.43 AC lot

Commercially zoned lodging property with updated guest rooms, an attached caretaker residence, and multiple accessory storage buildings.

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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.

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Lakeside Resort with Manager Residence
Lakeside Resort with Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000
4,658 sqft 1.38 AC lot

Hospitality property with guest accommodations, waterfront access, and a separate residence suited to on-site management.

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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.

Recreational Land with Forest Access
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.

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Negaunee, MI Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Negaunee, MI on our real estate platform.

Sale prices for hospitality properties in Negaunee, MI average $1,400,000 — 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 1
Motels 1

Demographics Overview

Population 8,228
Population Growth (5Y) +1.7%
Median Household Income $83,433
College Educated 42.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Marquette - 49855 $1.4M

Taxes & Financing

Tax Rate (average for all types) 4.64%
Property Tax per SF $81.75 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marquette County

New Delisted

Total CRE Inventory on Market (SF)

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