Recreation Land with Waterfall
For Sale
$6,900,000
602 Bell Avenue, Munising, MI 49862
COMMERCIAL - Munising, MI
Property Size2,714 SF
Lot Size79.00 Acres
Price / SF$2,542
Days on Market570
Property Features for 602 Bell Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed Use
Zoning description
Mixed Use
Parking features
Parking Lot
Patio and Porch features
Patio
Exterior features
Deck/Patio, Fenced Yard, Wheelchair Access, Fence Owned
Fencing
Fenced
Accessibility
Accessible Approach with Ramp
Subdivision
Some parcels
Lot features
Dead End
Standard status
Active
Size
2,714 SF
Lot size
79.00 Acres
Utilities
Heating system
Hot Water(Heating), Oil
Cooling system
Wall/Window Unit(s), Ceiling Fan(s)
Water source
Public
Water front features
River Front, Lake
Water front
1
Building Details
Year built
1970
Roof type
Asphalt, Shingle
Listing Agency:
BIG C REALTY-M
(906) 387-3074
Listed By:
JOANN CARLSON · License #UPAR
(906) 202-0465
Added: Jan 28, 2025
Changed: Aug 4
Last Checked: Aug 21 at 1:06AM
MLS# 50165504
Copyright © 2026 Upper Peninsula Association of Realtors. 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.
A well-established tourist attraction on recreation land featuring privately owned Horseshoe Falls with natural spring-fed waterfalls. The property includes over 1/2 mile of woodland paths leading through a botanical garden with a gnome theme to a trout pond.
The trout pond is home to 200-300 large rainbow trout, and visitor access to the paths, botanical gardens, and pond runs through the gift shop offering gifts, souvenirs, and ice cream. An attached 2 bedroom, 1.5 bath living quarter provides on-site living, along with a detached 28' x 40' garage.
The site totals 79 acres of mostly undeveloped land and includes outdoor features such as a patio/deck, fenced yard, and wheelchair access with an accessible approach ramp at the entrance. The property is listed with Mixed Use zoning and served by public water, with hot water heating using oil and wall/window cooling with ceiling fans. The roof is asphalt shingle, and parking is available via a parking lot.
The trout pond is home to 200-300 large rainbow trout, and visitor access to the paths, botanical gardens, and pond runs through the gift shop offering gifts, souvenirs, and ice cream. An attached 2 bedroom, 1.5 bath living quarter provides on-site living, along with a detached 28' x 40' garage.
The site totals 79 acres of mostly undeveloped land and includes outdoor features such as a patio/deck, fenced yard, and wheelchair access with an accessible approach ramp at the entrance. The property is listed with Mixed Use zoning and served by public water, with hot water heating using oil and wall/window cooling with ceiling fans. The roof is asphalt shingle, and parking is available via a parking lot.
Key Highlights
- 79 acres of mostly undeveloped recreation land
- Privately owned spring‑fed Horseshoe Falls with natural waterfall features
- Over 1/2 mile of woodland paths through botanical gardens with gnome theme
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Explore this area
Business Placement
Demographics for 49862, MI
4,602
Population
2,462
Households
1.9
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
170.0 sq mi
ZIP Area
27
Density / Sq Mi
$59,575
Median Household Income
$36,643
Median Earnings
$718
Median Rent
$150,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Recreation land - Spring-fed Horseshoe Falls, gift shop, and woodland trails on mostly undeveloped recreation land with accessible entrance.
Where is this recreation land located?
The property is located at 602 Bell Avenue Munising, MI.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: 79 acres of mostly undeveloped recreation land; Privately owned spring‑fed Horseshoe Falls with natural waterfall features; Over 1/2 mile of woodland paths through botanical gardens with gnome theme
