Northern Michigan Resort & Canoe
For Sale
$650,000
505 RAINBOW PARK TRL, Mio, MI 48647
Hospitality property combining furnished cabins, an owner’s residence, retail space, and an established river recreation operation.
Property Size11,000 SF
Lot Size2.53 Acres
Price / SF$59.09
Days on Market37
Property Features for 505 RAINBOW PARK TRL
General Information
Standard status
Active
Size
11,000 SF
Lot size
2.53 Acres
Property subtype
Business Opportunities
Additional Details
Business Included
Yes
Amenities
3
Asphalt
Building Details
Year Built
1958
Listing Agency:
TC
(231) 947-7777
Listed By:
Berkshire Hathaway Homeservices
(231) 429-4109
Source:
Xome
Added: Aug 5
Changed: Sep 9
Last Checked: Sep 10 at 6:30AM
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 TC
Investment Insights
Based on property information with market context.
This Northern Michigan resort property spans approximately 2.53 acres across three contiguous parcels and includes seven furnished rental cabins, a 3-bedroom, 2-bath owner’s residence with basement, a retail store and check-in office, a pole barn, and a maintenance building. The 11,000-square-foot property was built in 1958 and includes asphalt exterior improvements.
The operating business provides canoe, kayak, and tube rentals supported by a shuttle fleet. A river landing lease through Consumers Energy and a Michigan DNR Commercial River Use Permit are in place. Included equipment consists of multiple 15-passenger shuttle vans, trailers, tractors, mowers, a golf cart, kayaks, tubes, and additional maintenance equipment. Capital improvements have included renovations to cabins and the residence, store updates, furnishings, landscaping, signage, fire pits, and grills.
The operating business provides canoe, kayak, and tube rentals supported by a shuttle fleet. A river landing lease through Consumers Energy and a Michigan DNR Commercial River Use Permit are in place. Included equipment consists of multiple 15-passenger shuttle vans, trailers, tractors, mowers, a golf cart, kayaks, tubes, and additional maintenance equipment. Capital improvements have included renovations to cabins and the residence, store updates, furnishings, landscaping, signage, fire pits, and grills.
Key Highlights
- Seven furnished rental cabins plus a 3‑bedroom, 2‑bath owner’s residence
- Approximately 2.53 acres across three contiguous parcels
- Established canoe, kayak, and tube livery with shuttle fleet
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 48647, MI
4,004
Population
3,139
Households
1.3
Avg Household Size
48
Median Age
14%
College-Educated
84%
High-School Grad
167.2 sq mi
ZIP Area
24
Density / Sq Mi
$50,594
Median Household Income
$31,548
Median Earnings
$587
Median Rent
$122,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Resort - Hospitality property combining furnished cabins, an owner’s residence, retail space, and an established river recreation operation.
Where is this resort located?
The property is located at 505 RAINBOW PARK TRL Mio, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Seven furnished rental cabins plus a 3‑bedroom, 2‑bath owner’s residence; Approximately 2.53 acres across three contiguous parcels; Established canoe, kayak, and tube livery with shuttle fleet
