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    Historic Inn with Bar and Dining
    Updated: Apr 22
    Historic Inn with Bar and Dining

    10468 S Main Street, Rapid River, MI 49878

    $299,900
    3,938 sqft 0.26 AC lot
    Established Business with Over 100 Years of Operation: An iconic business in the heart of Rapid River.
    Turn‑Key Operation: Includes a full bar, dining area, kitchen, public bathrooms, stock, tables, and chairs (excluding liquor).
    Favorable Reputation: Known for "Best Fish Fry in the U.P." and a one‑of‑a‑kind salad bar.
    Income Potential: Apartments upstairs can be remodeled for on‑site living or additional income.
    Licenses Included: Comes with a Class C Liquor license and Michigan Lottery Retailer license.
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    This listing looks promising.

    Here's a quick look at some key insights for

    10468 S Main Street, Rapid River, MI 49878

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $216K
      Suggested

    • Last Sold

      Apr 2007
      $33K
    View Property Analytics
    Waterfront Hospitality Inn and Restaurant
    Updated: May 31
    Waterfront Hospitality Inn and Restaurant

    13747 Main Street, Nahma, MI 49864

    $750,000
    6,397 sqft 3.31 AC lot
    18‑room hotel with an operating bar and restaurant, included in the sale along with the business infrastructure
    Liquor license, furniture, fixtures, equipment, and existing business infrastructure included with the hospitality offering
    Adjacent Nahma General Store building used as an event and entertainment venue, with potential for events and retail concepts
    Adjoining land includes private waterfront access to a protected channel leading into Big Bay de Noc on Lake Michigan, plus dock infrastructure
    Year built 1909, with deck/patio and a fenced yard, plus accessible approach with ramp
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    Historic Inn and General Store
    Historic Inn and General Store

    13747 Main St Ll, Nahma, MI 49864

    Contact for pricing

    Unique 17-room hotel and venue in picturesque location.

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    Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 3 Active listings in Delta County, MI, we suggest exploring several alternatives:

    Delta County, MI Hotels Market Trends and Statistics

    Explore 3 hotels for sale in Delta County, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,335 square feet of properties for sale, with an estimated market value of $1,049,900.

    Sale prices for resorts in Delta County, MI start at $299,900, averaging $524,950, and reaching up to $750,000 — 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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