Newberry, MI Hospitality properties for sale

Updated: Jul 15

Turnkey Waterfront Resort Property

16878 County Road 505, Newberry, MI 49868

$1,595,000

7,600 sqft 25.00 AC lot

Approximately 25‑acre Halfway Lake waterfront resort with nearly 1,700 feet of private lake frontage
Includes eight rental cabins plus a guest house, owner’s residence, garage, and pole barn
Year built: 1970
Waterfront location with Lake access; utilities include propane with well water and septic tank sewer
Roof includes composition and metal materials; wood siding construction

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Updated: Jul 15

Turnkey Waterfront Resort Cottages

Newberry, MI 49868

$1,595,000

25.00 AC lot

Turnkey waterfront resort on approximately 25 acres with nearly 1,700 ft of frontage on private Halfway Lake
Includes eight rental cabins plus a guest house
Owner's residence, garage, and pole barn included
Located in Michigan's eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems
Established business with recreational access to private lake

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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 12 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 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 and Entertainment Complex

W16431 US-2, Gould City, MI 49838

$600,000

7,333 sqft

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

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Waterfront Campground with Dock

E7609 Buckhorn Road, Munising, MI 49862

$2,300,000

3,100 sqft 93.68 AC lot

Otter Lake Campground features owned waterfront access with a dock and an established campground operation.

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Waterfront Resort with Rental Cabins

17461 W Norton Rd., Gould City, MI 49838

$1,425,000

3.75 AC lot

Fully operational resort on South Manistique Lake featuring 11 rental cabins plus an on-site owners residence.

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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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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.

Tahquamenon Riverfront Acreage For Sale

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

$98,000

45.00 AC lot

45 acres with 1,400 feet of Tahquamenon River frontage.

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Milakokia Lake Waterfront Land

Champs Elysees Road, Gould City, MI 49838

Contact for pricing

0.77 AC lot

Waterfront recreational land with 99.9 feet of lake frontage, suitable for water access and tent camping.

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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.

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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.

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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.

Motels

13467 M-28, Newberry, MI 49868

Value Estimation by Request

5,324 sqft

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Hospitality properties

5073 M-123, Newberry, MI 49868

Value Estimation by Request

8,000 sqft 140.00 AC lot

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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 7,600 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.

Neighborhood	Average Price
49868	$1.6M

Neighborhood

Average Price

49868

$1.6M