Michigamme, MI Motels for sale

Updated: Aug 20

10-Room Motel With Residence

27837 US 41 Highway, Michigamme, MI 49861

$548,000

3,908 sqft 3.43 AC lot

10 guest rooms plus a two‑bedroom, one‑bath caretaker’s residence with adjoining office
3.43‑acre motel property with 3,908 square feet of building area
Located on US 41 in the Three Lakes area of Michigan’s Upper Peninsula
Guest rooms include 42‑inch TVs, microwaves, mini refrigerators, and updated finishes
Detached garage, pole building, workshop, and shed provide additional storage

View details

Updated: Nov 14, 2025

Lakeside Resort with Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

10‑bedroom, 10‑bath resort operation
350 feet of waterfront between Ruth Lake and George Lake
Two‑bedroom, two‑bath manager's residence with kitchen, dining room, and office
4,658 square feet on 1.38 acres
Private dock and four outbuildings

View details

Lakefront Resort With Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

Established hospitality property with guest accommodations, a private dock, and a separate residence for on-site management.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Michigamme, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Motel With Living Quarters

18000 Hwy 55, Long Lake, WI 54542

$379,000

4,115 sqft

Hospitality property combines furnished guest rooms with an on-site residence, office, and separate storage buildings.

View details

10-Room Lakefront Motel

2315 Hwy 17, Phelps, WI 54554

$824,900

6,732 sqft

Includes an onsite residence, furnished guest rooms, storage facilities, and recreational waterfront improvements.

View details

Six-Unit Motel with Residence

18000 HWY 55, Long Lake, WI 54542

$379,000

4.60 AC lot

On-site living quarters accompany furnished guest rooms, support buildings, and private well and septic systems.

View details

Motel With Lakefront Parcel

2315 HWY 17, Phelps, WI 54554

$824,900

3.72 AC lot

Includes furnished guest rooms, an owner-manager residence, storage facilities, and a separate lakefront parcel.

View details

Michigamme, MI Motels Market Trends and Statistics

Explore 3 motels for sale in Michigamme, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,224 square feet of properties for sale, with an estimated market value of $1,398,000.

Sale prices for motels in Michigamme, MI start at $425,000, averaging $466,000, and reaching up to $548,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Michigamme - 49861	$466K
Marquette - 49855	$548K

Neighborhood

Average Price

Michigamme - 49861

$466K

Marquette - 49855

$548K

Michigamme, MI Motels for Sale

27837 US 41 Highway, Michigamme, MI 49861

27672 US 41 Highway, Michigamme, MI 49861

27672 US 41 Highway, Michigamme, MI 49861