Search
Motel With Caretaker Residence
For Sale
$548,000

27837 Us 41, Michigamme, MI 49861

Ten guest rooms accompany an adjoining office and a renovated caretaker residence.

Property SizeContact for details
Lot Size4.00 Acres
Days on Market73

Property Features for 27837 Us 41

General Information

Standard status Active
Lot size 4.00 Acres
Property subtype Commercial/Industrial
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes

Amenities

continental breakfast area
gift shop
fire pit
42-inch TV
microwave
mini refrigerator

Building Details

Year Built 1962
Buildings 5
Listing Agency: Great Lakes & Land Of Marquette, Inc.
Listed By: Donald Weaver · License #6501451415
Source: Jabachler
Added: Aug 20 Changed: Oct 30 Last Checked: Oct 30 at 2:12AM

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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1962, this motel on just under 4 acres has ten guest rooms and an attached office with a seating area for continental breakfast and a small gift shop. The caretaker’s residence has two bedrooms, one bathroom and a half basement. Recent work includes double-pane vinyl-frame windows, added hot water capacity, rear insulation and new siding, plus updates to guest-room insulation, drywall, flooring, furnishings and shower surrounds. Rooms also have a 42-inch TV, microwave and mini refrigerator. A detached garage, pole building, workshop and shed provide additional storage. The front circle drive accommodates cars, larger vehicles, campers, trailers and boats; a backyard fire pit is also in place.

The property fronts US 41 in Michigan’s Upper Peninsula and has direct access to Snowmobile Trail #8. George, Beaufort, Michigamme and Ruth lakes are within 5 miles, while state parks, trail systems and waterfall viewing areas are within 30 minutes. The site is zoned Commercial.

Key Highlights

  • Ten guest rooms on just under 4 acres
  • Caretaker residence has 2 bedrooms, 1 bathroom and a half basement
  • Built in 1962; guest rooms include a 42‑inch TV, microwave and mini refrigerator

Property Analytics

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

Current Use

Motels

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Similar Off Market Nearby

  • Bear Paw Inn — 27672 US-41, Michigamme, MI 49861
  • Ruth Lake Resort Upper Michigan — 27757 US-41, Michigamme, MI 49861
  • Lake Ruth Resort Motel & Cabins — 27757 US-41, Michigamme, MI 49861
  • Three Lakes Motel — 27837 US-41, Michigamme, MI 49861

Frequently Asked Questions

What type of property is this?
Motel - Ten guest rooms accompany an adjoining office and a renovated caretaker residence.
Where is this motel located?
The property is located at 27837 Us 41 Michigamme, MI.
What is the asking price?
The asking price for this property is $548,000.
What are key features of this property?
This property features: Ten guest rooms on just under 4 acres; Caretaker residence has 2 bedrooms, 1 bathroom and a half basement; Built in 1962; guest rooms include a 42‑inch TV, microwave and mini refrigerator
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved