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For sale
Motels
MI
Gwinn
49841
190 E M - 35 Highway

Turnkey Hospitality Opportunity in Gwinn

190 E M - 35 Highway Gwinn, MI 49841

For Sale

$750,000

COMMERCIAL - Gwinn, MI

Property size:

7,263 SF

Lot size:

2.87 Acres

Price / SF:

$103/SF

For Sale

$750,000

COMMERCIAL - Gwinn, MI

Property size:

7,263 SF

Lot size:

2.87 Acres

Price / SF:

$103/SF

Added:: Nov 24, 2025
Days on Market:: 229
Last Refresh:: Jul 11 at 4:06 am

Property Features for 190 E M - 35 Highway

General Information

Property type: Commercial Sale
Property subtype: Other
Patio and Porch features: Patio
Exterior features: Deck/Patio, Garden Area
Standard status: Active
Size: 7,263 SF
Lot size: 2.87 Acres

Utilities

Heating system: Oil
Water source: Public

Building Details

Year built: 1990
Roof type: Shingle

Listing agent CANDI KJELLIN License #6501352707,PersonLicenseNumber

Listing office NEXTHOME SUPERIOR LIVING 209 Gold Street, Marquette, MI

Listing date Nov 24, 2025

MLS# 50195018

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 commercial property, operating as a motel, features a patriotic red, white, and blue theme throughout the interior, with hallways adorned with pictures from the former K.I. Sawyer Airforce Base. Each of the rooms has been updated and includes a new 40" smart TV, furniture, mini-refrigerator, microwave, bedding, mattresses, carpeting, and local artwork. One room offers a kitchenette suite suitable for extended stays. The property is located 10 minutes from the airport and 20 minutes from Marquette, with direct access to ATV/ORV snowmobile trails. Outdoor amenities include a sauna, an 820 square foot patio with a fire pit and gas grill, a kids' play area, and a fenced pet area. A flower bed enhances the front exterior during the summer. The property size is 7,263 square feet, situated on a 2.87-acre lot.

Key Highlights

Turnkey hospitality opportunity ready for new owner.
Direct access to ATV/ORV snowmobile trails for year‑round outdoor activities.
Convenient location: 10 minutes from the airport and 20 minutes from Marquette.

Local Financial Insights For Hotel Hospitality

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$108.9k	$15.00
− Vacancy	−$27.2k	−$3.75
EGI	$81.7k	$11.25
− OpEx	−$42.9k	−$5.91
NOI	$38.8k	$5.34

7,263 SF · lease $15.00/SF/yr · vacancy 25.00% · expense 52.50%

Alternative Uses

Best Use

Hotel Hospitality

$554.5K

$485.2K – $646.9K (±1% cap)

NOI $38,812 @ 7.0% cap · market cap 5.17%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.14M

$1.87M – $2.50M (±1% cap)

NOI $149,734 @ 7.0% cap · market cap 19.96%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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Park Place of the north — E4575, M-35, Gwinn, MI 49841, United States

For sale
Motels
MI
Gwinn
49841
190 E M - 35 Highway

What type of property is this?

Motel - Updated motel near airport and trails, ready for new owner.

Where is this motel located?

The property is located at 190 E M - 35 Highway Gwinn, MI.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Turnkey hospitality opportunity ready for new owner.; Direct access to ATV/ORV snowmobile trails for year‑round outdoor activities.; Convenient location: 10 minutes from the airport and 20 minutes from Marquette.

190 E M - 35 Highway Gwinn, MI 49841

COMMERCIAL - Gwinn, MI

Property Features for 190 E M - 35 Highway

General Information

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Hotel Hospitality

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Similar For Sale Nearby

Gwinn, MI Commercial Opportunity

Gwinn Commercial Investment Opportunity

Former School Building on 19+ Acres

Former School Building on 19 Acres

Side-by-Side Duplex for Sale

Former Grocery and Gas Retail Site

Turnkey Hospitality Opportunity Near Airport

Well-Maintained Duplex in Gwinn, MI

Established Storage Facilities Investment Package

Spacious Commercial Building on M35

Multi-Tenant Retail and Office Building

Similar Off Market Nearby

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