Building Details

Year Built 1970

Listing Agency: Hayden Outdoors

Listed By: Kevin Doyle · License #6504183080 Show Phone

Source: Vmrealestatemichigan

Added: May 19 Changed: Sep 15 Last Checked: Sep 15 at 2:44PM

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Investment Insights

Based on property information with market context.

Halfway Lake Cottages is a waterfront resort on approximately 25 acres along private Halfway Lake. The property includes eight rental cabins, a guest house, an owner's residence, a garage, and a pole barn. The improvements date to 1970.

The resort has nearly 1,700 feet of lake frontage and is located at 16878 County Road 505 in McMillan Township, Michigan. Its eastern Upper Peninsula setting places the property near Tahquamenon Falls and extensive trail systems, providing direct access to a Northwoods recreational environment.

Key Highlights

• Approximately 25 acres on private Halfway Lake
• Nearly 1,700 feet of frontage on Halfway Lake
• Eight rental cabins included

Property Analytics

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Open Analytics

Current Use

Resorts

Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

Demographics for 49868, MI

4,108

Population

2,951

Households

1.4

Avg Household Size

47

Median Age

18%

College-Educated

92%

High-School Grad

706.5 sq mi

ZIP Area

6

Density / Sq Mi

$53,651

Median Household Income

$35,154

Median Earnings

$809

Median Rent

$98,400

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this resorts located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Resort - Waterfront resort with rental cabins, residential accommodations, and accessory buildings on private Halfway Lake.

Where is this resort located?

The property is located at 16878 County Road 505 Newberry, MI.

What is the asking price?

The asking price for this property is $1,595,000.

What are key features of this property?

This property features: Approximately 25 acres on private Halfway Lake; Nearly 1,700 feet of frontage on Halfway Lake; Eight rental cabins included