Building Details

Building Size 20,224 SF

Year Built 1994

Listing Agency: First Weber - Bessemer w***@firstweber.com Show Phone

Listed By: Peter Seifert · License #6501422652 Show Phone

Source: Birchlandrealty

Added: Jul 7 Changed: Nov 4 Last Checked: Nov 4 at 2:28AM

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Investment Insights

Based on property information with market context.

This Copper Harbor resort combines a main lodge with multiple overnight lodging formats. Built in 1994, the lodge houses a restaurant and bar with seating for 150, plus a loft dining area and a second dining room with its own loft that accommodates approximately 100 more guests. A full kitchen serves the food-service operation. The lodging inventory comprises 18 units and 46 beds, with five two-story, two-bedroom cabins, a four-unit log motel, and a nine-unit motel. The lodging buildings were constructed in 1997 and 2001.

The property is at 255 Gratiot St in Copper Harbor, Michigan, and offers views of Lake Superior.

Key Highlights

• 18 lodging units with a total of 46 beds
• Five two‑story cabins, each with 2 bedrooms
• Four‑unit log motel and nine‑unit motel

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Resorts

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Restaurant Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

89

Businesses Nearby

Explore this area Business Placement

Demographics for 49918, MI

141

Population

149

Households

0.9

Avg Household Size

62

Median Age

67%

College-Educated

100%

High-School Grad

37.4 sq mi

ZIP Area

4

Density / Sq Mi

$54,286

Median Household Income

$30,441

Median Earnings

$285,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Resort - The Copper Harbor property includes a restaurant, bar, cabins, and two motel buildings.

Where is this resort located?

The property is located at 255 Gratiot St Copper Harbor, MI.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: 18 lodging units with a total of 46 beds; Five two‑story cabins, each with 2 bedrooms; Four‑unit log motel and nine‑unit motel