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Turnkey Waterfront Resort Property
For Sale
$1,595,000

16878 County Road 505, Newberry, MI 49868

COMMERCIAL - Newberry, MI

Property Size7,600 SF
Lot Size25.00 Acres
Price / SF$209.87
Days on Market17

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 3, Basement, Bathroom 8, Bathroom 10, Bathroom 1, Bathroom 6, Bathroom 4, Bathroom 9, Bathroom 2
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 Forced Air, Baseboard
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
Listed By: Kevin Doyle · License #6504183080
Added: Jul 15 Changed: Jul 25 Last Checked: Jul 31 at 5:06AM
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 turnkey waterfront resort on approximately 25 acres with nearly 1,700 feet of frontage on private Halfway Lake. The property includes eight rental cabins, a guest house, owner’s residence, a garage, and a pole barn, providing a complete on-site lodging setup.

Located in Michigan’s eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems, the resort offers direct recreational access and a private Northwoods setting.

This is an established operation configured around the existing cabin and main residence improvements, suited to buyers looking for a ready-to-run hospitality asset with substantial lake frontage.

Key Highlights

  • 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

Property Analytics

Current Use

Resorts

Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

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
Rey
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 - Turnkey resort with eight rental cabins, guest house, and nearly 1,700 feet of waterfront frontage on private Halfway Lake.
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‑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
More about this property
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