Hospitality

Newberry, MI Hospitality Properties for Sale

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Mcmillan, MI Engadine, MI Curtis, MI Hulbert, MI Paradise, MI Naubinway, MI Columbus, MI Gould City, MI
Waterfront Resort With Rental Cabins
Updated: Jul 15
Waterfront Resort With Rental Cabins

16878 County Road 505, Newberry, MI 49868

$1,595,000
7,600 sqft 25.00 AC lot
Approximately 25 acres with nearly 1,700 feet of frontage on Halfway Lake
Eight rental cabins plus a guest house and owner's residence
Includes a garage and pole barn
7,600 square feet of property improvements
Near Tahquamenon Falls and extensive trail systems
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Waterfront Cabin Resort
Updated: May 19
Waterfront Cabin Resort

Newberry, MI 49868

$1,595,000
7,600 sqft 25.00 AC lot
Approximately 25 acres on private Halfway Lake
Nearly 1,700 feet of frontage on Halfway Lake
Eight rental cabins included
Guest house and owner's residence on site
Garage and pole barn included
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 9 Potential Opportunities for your consideration. Besides 2 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 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.

Hospitality and Entertainment Complex
Hospitality and Entertainment Complex

W16431 US-2, Gould City, MI 49838

$450,000
7,333 sqft

Fully operational property with an updated motel, restaurant and lounge, concert venue, and Michigan liquor license.

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Turnkey Motel and Cabins Business
Turnkey Motel and Cabins Business

E9454 Michigan 28, Munising, MI 49862

$1,295,000
1.88 AC lot

Commercial property with motel, cabins, and home near Munising.

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Established Waterfront Campground
Established Waterfront Campground

E7609 Buckhorn Road, Munising, MI 49862

$2,300,000
3,100 sqft 93.68 AC lot

Lakefront campground with cabins, bathhouses, recreation amenities, and supporting operational improvements.

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Waterfront Resort With Rental Cabins
Waterfront Resort With Rental Cabins

17461 W NORTON RD., Gould City, MI 49838

$1,325,000

Operational lakefront resort with weekly cabin rentals and an on-site owners residence.

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.

Waterfront Land with River Frontage
Waterfront Land with River Frontage

Laurel Lake Trail lot: No Legal Insurable Road Access, Newberry, MI 49868

$98,000
45.00 AC lot

Secluded riverfront land with water-only access and a southern boundary adjoining state forest lands.

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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
Motels

13467 M-28, Newberry, MI 49868

Estimated value:
No data
5,324 sqft
View details
5073 M-123
Hospitality properties

5073 M-123, Newberry, MI 49868

Estimated value:
No data
8,000 sqft 140.00 AC lot
View details

Newberry, MI Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in Newberry, MI on our real estate platform. These investment opportunities span a total of 15,200 square feet of properties for sale, with an estimated market value of $3,190,000.

Sale prices for hospitality properties in Newberry, MI average $1,595,000 — 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

Resorts 2

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49868 $1.6M

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%

Total CRE Inventory on Market (SF)

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