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Lakefront Resort

27672 Us 41, Michigamme, MI 49861

For Sale
$425,000

Ten guest bedrooms and a separate manager’s residence support lodging operations on a commercially zoned property.

Property SizeContact for details
Days on Market366

Property Features for 27672 Us 41

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Amenities

private dock
Security Lighting

Building Details

Year Built 1950
Buildings 6
Listing Agency: Great Lakes & Land Of Marquette, Inc.
Listed By: Tim Keohane
Source: Jabachler
Added: Nov 14, 2025 Changed: Nov 11 Last Checked: Nov 12 at 11:24PM

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 Great Lakes & Land Of Marquette, Inc.

Rey
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Investment Insights

Based on property information with market context.

This resort and motel includes 10 guest bedrooms and 10 bathrooms in a lodge with more than 3,100 square feet. Guest-facing updates include remodeled bathrooms, LED televisions, refrigerators and air-conditioning units. A private dock and four outbuildings are also on site.

The property has 350 feet of lake frontage between Ruth Lake and George Lake. The separate manager’s residence offers two bedrooms, two bathrooms, a full kitchen, dining room and office. Zoning is Commercial.

Key Highlights

  • 10‑bedroom, 10‑bath resort and motel
  • More than 3,100 square feet in the lodge
  • 350 feet of lake frontage between Ruth Lake and George Lake

Property Analytics

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

Resorts

Suggested Use

Top Pick Pharmacy 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

16
Businesses Nearby

Demographics for 49861, MI

565
Population
634
Households
0.9
Avg Household Size
60
Median Age
30%
College-Educated
96%
High-School Grad
183.9 sq mi
ZIP Area
3
Density / Sq Mi
$66,806
Median Household Income
$38,542
Median Earnings
$229,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Resort - Ten guest bedrooms and a separate manager’s residence support lodging operations on a commercially zoned property.
Where is this resort located?
The property is located at 27672 Us 41 Michigamme, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 10‑bedroom, 10‑bath resort and motel; More than 3,100 square feet in the lodge; 350 feet of lake frontage between Ruth Lake and George Lake
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