Resort With Canoe
New
For Sale
$650,000
505 Rainbow Park Trail, Mio, MI 48647
MULTI_FAMILY - Mio, MI
Property Size11,000 SF
Lot Size2.53 Acres
Price / SF$59.09
Days on Market3
Property Features for 505 Rainbow Park Trail
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Commercial
Zoning description
Commercial
Interior features
Loft
Appliances
Refrigerator, Oven/Range
Elementary school district
Mio-Ausable Schools
Middle school district
Mio-Ausable Schools
High school district
Mio-Ausable Schools
Directions
M-72 west from Mio 4.5 miles to Camp 10 Rd, north 2.5 miles to property on right (505 Rainbow Park Trail / 731 Camp 10 Rd)
Subdivision
Oscoda
Standard status
Active
Size
11,000 SF
Lot size
2.53 Acres
Taxes and HOA fees
Tax Description
see attached legal docs
Legal Description
see attached legal docs
Utilities
Water source
Private
Building Details
Year built
1958
Number of units
8
Roof type
Asphalt
Architectural style
Ranch
Listing Agency:
Berkshire Hathaway Homeservices - TC
(231) 947-7777
Listed By:
Marissa Spencer · License #6501408056
(231) 632-5105
Added: Aug 7
Last Checked: Aug 9 at 2:06PM
MLS# 1949019
Copyright © 2026 Northern Great Lakes Realtors MLS. 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 and canoe livery occupies 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 and check-in office, pole barn, and maintenance building. The property contains approximately 11,000 square feet of improvements and was built in 1958. Included operational equipment consists of 15-passenger shuttle vans, trailers, tractors, mowers, a golf cart, and other maintenance equipment. Cabins and the residence have received renovations, while the store has been updated with furnishings, landscaping, signage, fire pits, grills, kayaks, and tubes.
Located at 505 Rainbow Park Trail in Mio, Michigan, the operation includes a canoe, kayak, and tube livery with shuttle service. A river landing lease through Consumers Energy and a Michigan DNR Commercial River Use Permit support the livery component. The property has a private water source, asphalt roofing, ranch-style improvements, and a loft among its listed interior features.
Located at 505 Rainbow Park Trail in Mio, Michigan, the operation includes a canoe, kayak, and tube livery with shuttle service. A river landing lease through Consumers Energy and a Michigan DNR Commercial River Use Permit support the livery component. The property has a private water source, asphalt roofing, ranch-style improvements, and a loft among its listed interior features.
Key Highlights
- Seven furnished rental cabins included
- 3‑bedroom, 2‑bath owner’s residence with basement
- Approximately 2.53 acres across three contiguous parcels
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Hospitality property with rental cabins, an owner’s residence, and supporting commercial improvements.
Where is this resort located?
The property is located at 505 Rainbow Park Trail 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 included; 3‑bedroom, 2‑bath owner’s residence with basement; Approximately 2.53 acres across three contiguous parcels
