Lodge-Style Hospitality
For Sale
$1,750,000
255 Gratiot Street, Copper Harbor, MI 49918
COM/IND/BUS OPP, Copper Harbor, MI
Property Size20,224 SF
Lot Size1.65 Acres
Price / SF$86.53
Days on Market82
Property Features for 255 Gratiot Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Grant Twp (42006)
Standard status
Active
Size
20,224 SF
Lot size
1.65 Acres
Taxes and HOA fees
Tax Year
2017
Utilities
Heating system
Hot Water(Heating)
Water source
Well
Building Details
Year built
1994
Listing Agency:
FIRST WEBER, INC
(906) 667-6366
Listed By:
PETER SEIFERT · License #6501422652
(906) 285-9955
Added: Jul 7
Changed: Sep 6
Last Checked: Sep 26 at 7:06AM
MLS# 50214298
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.
Investment Insights
Based on property information with market context.
This resort property includes a 20,224-square-foot main lodge built in 1994, with restaurant and bar facilities, a full kitchen, and dining areas accommodating approximately 250 guests across the primary room, loft areas, and an additional dining room. The lodging component includes 18 units and 46 beds, with accommodations arranged among 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.
Set on 1.65 acres at 255 Gratiot Street in Copper Harbor, the property offers Lake Superior views and a well-defined hospitality compound. Water is supplied by a well, and heating is provided by hot water systems. The combination of lodging, food service, and bar space creates a consolidated resort operation within Michigan’s Keweenaw County.
Set on 1.65 acres at 255 Gratiot Street in Copper Harbor, the property offers Lake Superior views and a well-defined hospitality compound. Water is supplied by a well, and heating is provided by hot water systems. The combination of lodging, food service, and bar space creates a consolidated resort operation within Michigan’s Keweenaw County.
Key Highlights
- 20,224‑square‑foot main lodge built in 1994
- 18 lodging units with 46 beds
- Five two‑story 2 BR cabins
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
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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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Resort - Hospitality property combining guest lodging, dining, and bar operations in a timber lodge setting.
Where is this resort located?
The property is located at 255 Gratiot Street 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: 20,224‑square‑foot main lodge built in 1994; 18 lodging units with 46 beds; Five two‑story 2 BR cabins
