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    137417 Main St Nahma, MI 49864

    For Sale
    $725,000

    Lakefront Inn, Restaurant, Event Venue

    Property size:
    6,343 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    The historic Nahma Inn, located at 137417 Main Street LL, Nahma, MI, presents a unique investment opportunity. This established business boasts a prime 1.97-acre waterfront location with direct access to an All-Season Trail, catering to a diverse clientele of adventurers and locals. The 6,343 square foot inn features 17 guest rooms

    Property Features for 137417 Main St

    General Information

    Property type
    Investment properties
    Square Feet
    6,343 SF
    Lot Size
    85,813 SF

    Building Details

    Year Built
    1909
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Nahma
    County
    Delta
    State
    Michigan
    Longitude
    -86.65874
    Latitude
    45.83985

    Nearby Comparable

    • New
      $750,000
      7,500 SF

      Nahma Inn and General Store

      Unique 17-room hotel and general store in Nahma, Michigan.
      13747 Main St Ll Rd, Nahma, MI 49864
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    • $595,000
      20.00 Acres

      Nahma Waterfront Campground Business

      Profitable Upper Peninsula Campground
      13723 Main Campground, Nahma, MI 49864
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    • $1,995,000
      53.20 Acres

      13723 Main St, Nahma, MI 49864

      Investment properties • 53.20 Acres
      13723 Main St, Nahma, MI 49864
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    • $995,000
      20.00 Acres

      13723 Main Cabins, Nahma, MI 49864

      Investment properties • 20.00 Acres
      13723 Main Cabins, Nahma, MI 49864
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    • $75,000
      0.51 Acres

      Waterfront Land on Golf Course

      Waterfront property on Nahma Golf Course with beach and woods.
      14387 Nahma Shr Jj.45 Dr, Nahma, MI 49864
      View Details

    Nearby Similar for Sale

    • New
      $750,000
      7,500 SF

      Nahma Inn and General Store

      Unique 17-room hotel and general store in Nahma, Michigan.
      13747 Main St Ll Rd, Nahma, MI 49864
      View Details
    • $595,000
      20.00 Acres

      Nahma Waterfront Campground Business

      Profitable Upper Peninsula Campground
      13723 Main Campground, Nahma, MI 49864
      View Details
    • $1,995,000
      53.20 Acres

      13723 Main St, Nahma, MI 49864

      Investment properties • 53.20 Acres
      13723 Main St, Nahma, MI 49864
      View Details
    • $995,000
      20.00 Acres

      13723 Main Cabins, Nahma, MI 49864

      Investment properties • 20.00 Acres
      13723 Main Cabins, Nahma, MI 49864
      View Details

    FAQs

    What type of property is this?
    Investment property - Lakefront Inn, Restaurant, Event Venue
    Where is this investment property located?
    The property is located at 137417 Main St Nahma, MI.
    What is the asking price?
    The asking price for this property is $725,000.
    (906) 225-1136
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    137417 Main St Nahma, MI 49864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    137417 Main St Nahma, MI 49864
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