Waterfront Resort With Rental
For Sale
$1,595,000
16878 County Road 505, Newberry, MI 49868
Commercial Sale, Newberry, MI
Property Size7,600 SF
Lot Size25.00 Acres
Price / SF$209.87
Days on Market70
Property Features for 16878 County Road 505
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
CBA
Bathrooms
10
Full bathrooms
10
Rooms
Bathroom 5, Bathroom 7, Bathroom 6, Basement, Bathroom 4, Bathroom 3, Bathroom 9, Bathroom 10, Bathroom 8, Bathroom 2, Bathroom 1
Interior features
Broadband
Elementary school district
Newberry
Middle school district
Newberry
High school district
Newberry
Standard status
Active
APN
003-006-017-0220
Size
7,600 SF
Lot size
25.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Complete legal description on file.
Tax Annual Amount
8000
Legal Description
Complete legal description on file.
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Baseboard, Forced Air
Water source
Well
Water front features
Lake
Water front
1
Building Details
Year built
1970
Number of units
9
Building materials
Wood Siding
Roof type
Composition, Metal
Listing Agency:
Hayden Outdoors
(231) 972-7129
Listed By:
Kevin Doyle · License #6504183080
(231) 679-5610
Added: Jul 15
Changed: Sep 16
Last Checked: Sep 22 at 4:06PM
MLS# 26036793
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Halfway Lake Cottages is a 7,600-square-foot resort property arranged across approximately 25 acres along Halfway Lake. Improvements include eight rental cabins, a guest house, an owner’s residence, a garage, and a pole barn, creating a multi-structure lodging operation with both guest and residential components. The property was built in 1970 and features wood siding, baseboard and forced-air heating, composition and metal roofing, broadband, propane service, a private well, and septic infrastructure.
Nearly 1,700 feet of lake frontage provide direct waterfront context, while the property’s eastern Upper Peninsula setting places it near Tahquamenon Falls and extensive trail systems. The combination of lodging buildings, support structures, residential accommodations, and lake access defines the property’s resort-oriented configuration.
Nearly 1,700 feet of lake frontage provide direct waterfront context, while the property’s eastern Upper Peninsula setting places it near Tahquamenon Falls and extensive trail systems. The combination of lodging buildings, support structures, residential accommodations, and lake access defines the property’s resort-oriented configuration.
Key Highlights
- 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
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 49868, MI
4,108
Population
2,951
Households
1.4
Avg Household Size
47
Median Age
18%
College-Educated
92%
High-School Grad
706.5 sq mi
ZIP Area
6
Density / Sq Mi
$53,651
Median Household Income
$35,154
Median Earnings
$809
Median Rent
$98,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Resort - Lakefront lodging property combines multiple guest accommodations with a private recreational setting.
Where is this resort located?
The property is located at 16878 County Road 505 Newberry, MI.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 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
