Vacation Rental Property with
For Sale
Contact for pricing
Pending
586 US Hwy 41, Negaunee, MI 49866
Nearly 5 acres with 340 feet of frontage along US Hwy 41, plus remodeled living space, spa/salon, and an insulated garage.
Property SizeContact for details
Days on Market133
Property Features for 586 US Hwy 41
General Information
Standard status
Pending
Property subtype
Retail, Multifamily
Listing Agency:
RE/MAX 1st Realty
(906) 225-1136
Listed By:
Frida M Waara · License #MI 6501361553
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 20 at 10:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1st Realty
Investment Insights
Based on property information with market context.
This property offers a business-and-residential setup under one roof, featuring remodeled living space of 4,032 square feet. The upper level includes 4–5 bedrooms and 2 bathrooms, operating as a short-term vacation rental in the remarks. The ground level provides an additional 3-bedroom apartment along with spa/salon space, supported by substantial on-site parking.
Outside, the site is described as nearly 5 acres with 340 feet of frontage on US Hwy 41, and it adjoins the Iron Ore Heritage Trail for trail-side access with decks facing the trail. The remarks also note the home is on I-beams and can be re-located.
Additional improvements mentioned include back yard decks, a fire pit area, and a 32-by-20 insulated garage with a propane heater.
Outside, the site is described as nearly 5 acres with 340 feet of frontage on US Hwy 41, and it adjoins the Iron Ore Heritage Trail for trail-side access with decks facing the trail. The remarks also note the home is on I-beams and can be re-located.
Additional improvements mentioned include back yard decks, a fire pit area, and a 32-by-20 insulated garage with a propane heater.
Key Highlights
- Nearly 5 acres with 340 ft of frontage along US Hwy 41 in the U.P.
- 4032 SF remodeled living space with two homes/business space under 1 roof
- Main home: upper floor has 4–5 bedrooms and 2 baths; listed short‑term rental at $350/night
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 49866, MI
8,259
Population
3,723
Households
2.2
Avg Household Size
41
Median Age
34%
College-Educated
96%
High-School Grad
201.3 sq mi
ZIP Area
41
Density / Sq Mi
$83,433
Median Household Income
$47,467
Median Earnings
$900
Median Rent
$191,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Nearly 5 acres with 340 feet of frontage along US Hwy 41, plus remodeled living space, spa/salon, and an insulated garage.
Where is this short term rental property located?
The property is located at 586 US Hwy 41 Negaunee, MI.
What are key features of this property?
This property features: Nearly 5 acres with 340 ft of frontage along US Hwy 41 in the U.P.; 4032 SF remodeled living space with two homes/business space under 1 roof; Main home: upper floor has 4–5 bedrooms and 2 baths; listed short‑term rental at $350/night
