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    602 Bell Ave Munising, MI 49862

    Sponsored
    For Sale
    $7,500,000

    Business - Munising, MI

    Type:Business
    Property size:
    2,714 SF
    Lot size:
    79.00 Acres
    Days on Market:
    161
    Last Refresh:
    Jan 6 at 5:06 pm

    Property Features for 602 Bell Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Mixed Use
    APN
    02-051- see associated docs
    Parking features
    Parking Lot
    Patio and Porch features
    Patio, Deck
    Interior features
    Bath, Carpet, Ceramic Floor, Display Window, Fence, Fixtures, Living Quarters, Living Quarters Attached, Occupied, Off Street Loading, Public Restrooms, Security Equipment, Security Syetem Owned, Telephone, Vinyl/Laminate Floors, Wood Floors, Fiber Optic Internet
    Exterior features
    Fence, Deck/Patio, Fenced Yard, Wheelchair Access, Fence Owned
    Fencing
    Fenced
    Accessibility
    Accessible Approach with Ramp
    Size
    2,714 SF
    Lot size
    79.00 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Hot Water (Heating)
    Cooling system
    Ceiling Fan(s), Wall/Window Unit(s)
    Water front features
    Great Lake, River Frontage, Waterfront
    Water front
    1

    Building Details

    Year built
    1970
    Flooring type
    Carpet, Laminate, Vinyl, Wood
    Building materials
    Frame, Stucco
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    BIG C REALTY-M (906) 387-3074

    Listing agent JOANN CARLSON (906) 387-3074

    Listing date Jul 30, 2025

    MLS# 50165504 Listing URL

    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.

    Overview

    Unique Tourist Attraction with Waterfalls

    This unique tourist attraction is situated on 79 acres of mostly undeveloped land in Munising, Michigan. The property features Horseshoe Falls, a privately owned, natural spring-fed waterfall. Over 1/2 mile of woodland paths meander through a botanical garden with a gnome theme, leading to a trout pond inhabited by 200-300 rainbow trout. The entrance to the paths, botanical gardens, and pond is through a gift shop stocked with unique gifts, souvenirs, and ice cream. The property also includes a 2-bedroom, 1.5-bath living quarters attached to the gift shop, as well as a detached 28' x 40' garage. The property size is 2714 square feet. The zoning is mixed-use. This established business offers unlimited possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Similar Places Nearby

    home-lady killers bed bug management

    Location Insight

    • Map
    • Local Demand
    City
    Munising
    County
    Alger
    State
    Michigan
    Longitude
    -86.643748863754
    Latitude
    46.402957554427

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    FAQs

    What type of property is this?
    Nursery and garden center - Established tourist attraction featuring waterfalls, gardens, and retail space.
    Where is this nursery and garden center located?
    The property is located at 602 Bell Ave Munising, MI.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - Established tourist attraction featuring Horseshoe Falls, a privately owned waterfall.; - 79 acres of land with over 1/2 mile of woodland paths and a botanical garden with a Gnome theme.; - Trout pond stocked with 200-300 large rainbow trout.
    (906) 202-0465
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    602 Bell Ave Munising, MI 49862
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    Munising, MI 49862
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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

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    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
    602 Bell Ave Munising, MI 49862
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