Hospitality

Onaway, MI Hospitality Properties for Sale

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Ocqueoc, MI Cheboygan, MI Afton, MI Indian River, MI Rogers City, MI Wolverine, MI Hillman, MI Wolverine Lake, MI
Waterfront 6-Unit Motel and RV Campsites
Updated: Jul 29
Waterfront 6-Unit Motel and RV Campsites

9994 Michigan 68, Onaway, MI 49765

$325,000
2,150 sqft 1.72 AC lot
Over 260 feet of waterfront on scenic Tower pond
6‑unit motel plus up to 7 RV campsites with full hook‑ups
Turnkey sale includes furnishings and equipment
On‑site entertainment includes horseshoe pits and playground
1.72‑acre lot with 2,150 square feet
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Beachfront Resort with Cottages
Updated: Apr 12
Beachfront Resort with Cottages

4492 Co Road 489, Onaway, MI 49765

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Beachfront resort on Black Lake with nearly 600' of waterfront featuring sandy beach.
Main home offers 3BR/2BA and nearly 2,000 SF, plus a detached heated 2‑car garage with a bathroom.
Includes 7 furnished cottages: five 3BR/1BA and two 2BR/1BA in good, clean condition.
Boating amenities include several boat slips on the Rainy River and a private boat launch.
On‑site structures include a 32' x 16' pole barn.
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Onaway, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

49-Unit Motel in Lewiston, MI
49-Unit Motel in Lewiston, MI

4909 Salling Ave, Lewiston, MI 49756

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29,177 sqft

49-unit motel with pool, sauna, and snowmobile trail access.

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Motel Complex with Additional Hall
Motel Complex with Additional Hall

12520 State Street, Atlanta, MI 49709

$529,000

Established motel complex with newer roof and siding, on-premises laundry, and eight units with kitchens.

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Campground With Camper Hookups
Campground With Camper Hookups

V/L Andergood Road, Lewiston, MI 49756

$90,000
11.54 AC lot

Recreational campground with utility-supported camper sites, bathhouse facilities, storage, and open space for outdoor activities.

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Established Atlanta Motel For Sale
Established Atlanta Motel For Sale

12520 State St. Atlanta MI, Atlanta, MI 49709

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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

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

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B-2 Zoned Commercial Land Parcel
B-2 Zoned Commercial Land Parcel

10 AC Old 27 N Highway, Vanderbilt, MI 49795

$140,000
10.00 AC lot

Flat, mostly wooded 10-acre parcel zoned B-2, positioned between Old 27 and the state trail.

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Commercial Land in Gaylord, MI
Commercial Land in Gaylord, MI

1852 S Otsego Avenue, Gaylord, MI 49735

$999,000

Commercial-zoned property with endless potential for development.

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Vacant Commercial Acreage Site
Vacant Commercial Acreage Site

Parcel 1 Airport Road, Lewiston, MI 49756

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1.36 AC lot

Vacant 1.36-acre commercial parcel in CV zoning with fairly cleared land and scattered trees.

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Onaway, MI Hospitality Properties Market Trends and Statistics

Explore 2 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 $325,000.

Sale prices for hospitality properties in Onaway, MI average $325,000 — 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
Resorts 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 $474.9K

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%

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