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Lakefront Resort Portfolio
For Sale
$1,350,000

16930 W Manilak Drive, McMillan, MI 49853

COM/IND/BUS OPP, McMillan, MI

Property Size5,550 SF
Lot Size15.70 Acres
Price / SF$243.24
Days on Market346

Property Features for 16930 W Manilak Drive

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Portage Twp (49010)
Standard status Active
Size 5,550 SF
Lot size 15.70 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10217

Utilities

Cooling system Wall/Window Unit(s)
Water source Private
Water front features Lake Front, Waterfront, Lake, Beach Front
Water front 1

Building Details

Year built 1983
Listing Agency: GROVER REAL ESTATE-NEWBERRY
Listed By: KRISTINE MCCRAREN · License #6506049107
Added: Oct 6, 2025 Changed: Sep 14 Last Checked: Sep 16 at 12:06AM
MLS# 50190612

Copyright © 2026 Upper Peninsula Association of Realtors. 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.

This resort portfolio includes five fully furnished cabins and Condo Units 2, 3, 10, 11, and 12, with approximately 5,500 square feet of combined living space. The property was built in 1983 and includes wall/window unit cooling and a private water source. Waterfront features include lake, lakefront, waterfront, and beach frontage on Big Manistique Lake.

The offering encompasses 15.7 acres at 16930 W Manilak Drive in McMillan, Michigan, with 637 feet of shared lake frontage. Buildable Lots 15 and 16, along with two larger adjoining parcels, are included. Developer rights provide control over the existing homeowners association, adding an additional ownership component to the portfolio.

Key Highlights

  • Five fully furnished cabins included in the resort portfolio
  • 637 feet of shared frontage on Big Manistique Lake
  • Approximately 5,500 square feet across Condo Units 2, 3, 10, 11, and 12

Property Analytics

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Current Use

Resorts

Lease Details

10
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 49853, MI

1,282
Population
1,189
Households
1.1
Avg Household Size
54
Median Age
24%
College-Educated
95%
High-School Grad
169.0 sq mi
ZIP Area
8
Density / Sq Mi
$59,405
Median Household Income
$26,154
Median Earnings
$725
Median Rent
$189,500
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Resort - Furnished lodging assets with lake access and expansion acreage.
Where is this resort located?
The property is located at 16930 W Manilak Drive McMillan, MI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five fully furnished cabins included in the resort portfolio; 637 feet of shared frontage on Big Manistique Lake; Approximately 5,500 square feet across Condo Units 2, 3, 10, 11, and 12
More about this property
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