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Resort and Canoe Livery
New
For Sale
$650,000

505 Rainbow Park Trail, Mio, MI 48647

COMMERCIAL - 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 Commercial Sale
Property subtype Retail
Zoning description Commercial
Exterior features Log Siding, Wood
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 Description see attached

Utilities

Water source Private

Building Details

Building materials 2x6 Framing
Roof type Asphalt
Listing Agency: Berkshire Hathaway Homeservices - TC
Listed By: Marissa Spencer · License #6501408056
Added: Aug 7 Last Checked: Aug 9 at 2:06PM
MLS# 1949018

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 Northern Michigan hospitality property combines seven furnished rental cabins with a 3-bedroom, 2-bath owner’s residence that includes a basement. The improvements also feature a retail store and check-in office, pole barn, and maintenance building across approximately 2.53 acres on three contiguous parcels. The property contains 11,000 square feet and includes log siding, wood construction materials, asphalt roofing, and a private water source.

The operation includes canoe, kayak, and tube rentals supported by a shuttle fleet, plus a river landing lease through Consumers Energy and a Michigan DNR Commercial River Use Permit. Included equipment consists of multiple 15-passenger shuttle vans, trailers, tractors, mowers, a golf cart, and maintenance equipment. Recent improvements include updates to the cabins, residence, store, furnishings, landscaping, signage, fire pits, grills, kayaks, and tubes. The property is located at 505 Rainbow Park Trail in Mio, Michigan.

Key Highlights

  • Seven furnished rental cabins plus a 3‑bedroom, 2‑bath owner’s residence with basement
  • Approximately 2.53 acres across three contiguous parcels
  • 11,000 square feet of property improvements

Property Analytics

Current Use

Resorts

Suggested Use

Top Pick Department Store

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

5
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Resort - Hospitality property with furnished cabins, an owner’s residence, retail/check-in space, and an operating river recreation business.
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 plus a 3‑bedroom, 2‑bath owner’s residence with basement; Approximately 2.53 acres across three contiguous parcels; 11,000 square feet of property improvements
More about this property
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