Newberry, MI
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    Newberry, MI Hospitality Properties for Sale

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    Hulbert, MI Engadine, MI Naubinway, MI
    Muskallonge Lake Commercially Zoned Property
    $350,000

    Muskallonge Lake Commercially Zoned Property

    30410 Co Rd 407, Newberry, MI 49868

    Unique property with lake frontage, home, cottage, and store.

    • 282 feet of unimproved south facing frontage on Muskallonge Lake
    • Commercially zoned property with multiple income‑generating possibilities (home, cottage, former store)
    • Rental cottage for immediate income generation
    • Former camp store with existing shelving, equipment, and full kitchen, easily convertible to rental or commercial space
    • Proximity to Lake Superior (1000 yards via North Country Trail)
    Updated: Feb 15
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    40 Acres Near Lake Superior
    $1,650,000

    40 Acres Near Lake Superior

    32752 Co Rd 423, Newberry, MI 49868

    Upland property with cabins, store, and airport near river.

    • 40 acres of upland property adjacent to Hemingway's Two‑Hearted River Mouth.
    • 8 cabins with solar power, well, and septic systems, offering views of Lake Superior.
    • New 32x48 General Store with propane, liquor, beer, and wine licenses (escrowed).
    • Licensed Rural Airport on the property.
    • Canoe Livery included.
    Updated: Jul 17, 2025
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    Established Resort on Halfway Lake
    $1,600,000
    7,340 SF

    Established Resort on Halfway Lake

    Turn-key resort with cabins, guest house, and owner's residence.

    16878 County Road 505, Newberry, MI 49868
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Newberry, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    Hospitality Property in Sault Ste Marie
    $450,000
    6,450 SF

    Hospitality Property in Sault Ste Marie

    21-unit hospitality property on a high-visibility corridor.

    Sault Sainte Marie, MI 49783
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    Hospitality Property in Sault Ste Marie
    $350,000
    5,293 SF

    Hospitality Property in Sault Ste Marie

    13-unit hospitality property with attached residence in high-visibility location.

    Sault Sainte Marie, MI 49783
    View details
    Charlevoix Bed & Breakfast Opportunity
    $795,000
    3,850 SF

    Charlevoix Bed & Breakfast Opportunity

    Bed & Breakfast near channel and main street in Charlevoix.

    109 Petoskey, Charlevoix, MI 49720
    View details
    Charleboyne Motel on Boyne City Road
    $695,000

    Charleboyne Motel on Boyne City Road

    Established motel with 11 units near US 31.

    12731 Boyne City Road, Charlevoix, MI 49720
    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.

    Christmas, MI 8.69-Acre Land Parcel
    $75,000
    8.69 Acres

    Christmas, MI 8.69-Acre Land Parcel

    8.69-acre wooded parcel near Lake Superior and ORV trails.

    North 9 Acres Perch Lake Road, Christmas, MI 49862
    View details
    Waterfront Land Near St. Ignace
    $2,200,000
    51.33 Acres

    Waterfront Land Near St. Ignace

    51-acre waterfront property with development potential near St. Ignace, MI.

    Saint Ignace, MI 49781
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    Waterfront Land in Downtown St. Ignace
    $275,000
    0.37 Acres

    Waterfront Land in Downtown St. Ignace

    Rare waterfront lot with views of Mackinac Island.

    Saint Ignace, MI 49781
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    Wooded Land with Camper
    $60,000
    0.50 Acres

    Wooded Land with Camper

    Half-acre property with camper, utilities, and recreational opportunities.

    26928 Point Aux Frenes RD, Goetzville, MI 49736
    View details

    Off-Market Properties in Newberry, MI

    Consider similar Off-Market properties in Newberry, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    13467 M-28

    13467 M-28

    Motels • 5,324 SF
    Value Estimation by Request
    13467 M-28, Newberry, MI 49868
    View details
    5073 M-123

    5073 M-123

    Hospitality properties • 8,000 SF
    Value Estimation by Request
    5073 M-123, Newberry, MI 49868
    View details

    Newberry, MI Hospitality Properties Investment Opportunities Market Analysis

    Explore 5 hospitality properties for sale in Newberry, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,340 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for hospitality properties in Newberry, MI start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — 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

    Campgrounds 2
    Bed & breakfasts 1
    Resorts 1

    Demographics Overview

    Population 5,231
    Population Growth (5Y) -1.0%
    Median Household Income $53,651
    College Educated 27.5%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49868 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 3.36%
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

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