Hospitality

Onaway, MI Hospitality Properties for Sale

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Six-Unit Waterfront Motel
Updated: Oct 29
Six-Unit Waterfront Motel

9994 Michigan 68, Onaway, MI 49765

$289,000
2,150 sqft 1.72 AC lot
Six motel units and capacity for up to seven RV campsites
Approximately 300 feet of waterfront
1.72‑acre property with a 2,150‑square‑foot building
Full‑hookup options for RV sites
Sale includes 10 canoes, 7 kayaks, 2 paddle boats, and other furnishings and equipment
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1 active listing matches your search: Hospitality for sale in Onaway, MI. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Furnished Resort Cabin
Remodeled Furnished Resort Cabin

7-4179 S Straits Hwy, Indian River, MI 49749

$210,000
446 sqft

Cabin ownership along the Sturgeon River includes furnished interiors and access to Northern Michigan recreation.

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Riverfront Resort Cabin
Riverfront Resort Cabin

4179 South Straits Highway, Indian River, MI 49749

$199,900

Remodeled, furnished cabin within a Northern Michigan riverfront resort association.

View details
Motel Complex with Kitchen Units
Motel Complex with Kitchen Units

12520 State Street, Atlanta, MI 49709

$529,000

Commercially zoned motel with kitchen-equipped units, on-site laundry, and an additional two-story hall building.

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Established Atlanta Motel For Sale
Established Atlanta Motel For Sale

12520 State St. Atlanta MI, Atlanta, MI 49709

Contact for pricing

Motel with income growth opportunity in Atlanta, Michigan.

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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.

Residential Land Near Golf Course
Residential Land Near Golf Course

Bear Paws Trail, Vanderbilt, MI 49795

Contact for pricing

Land with golf course views, suitable for residential or investment.

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B2-Zoned Commercial Land
B2-Zoned Commercial Land

10 AC Old 27 N Highway, Vanderbilt, MI 49795

$125,000
10.00 AC lot

Flat, mostly wooded acreage with access to roadway and trail exposure.

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Onaway, MI Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Onaway, MI on our real estate platform. These investment opportunities span a total of 2,150 square feet of properties for sale, with an estimated market value of $289,000.

Sale prices for hospitality properties in Onaway, MI average $289,000 — 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 4,287
Population Growth (5Y) +15.9%
Median Household Income $53,125
College Educated 19.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49765 $289K

Taxes & Financing

Tax Rate (average for all types) 3.24%
Tax Rate vs County Average 1.42 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Presque Isle County

New Delisted

Total CRE Inventory on Market (SF)

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