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Six-Unit Waterfront Motel
New
For Sale
$289,000

9994 Michigan 68, Onaway, MI 49765

Commercial Sale, Onaway, MI

Property Size2,150 SF
Lot Size1.72 Acres
Price / SF$134.42
Days on Market3

Property Features for 9994 Michigan 68

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Parking features Parking Lot
Basement Crawl Space
Subdivision Tower Pond Sub
Directions From Indian River take M-68 East approximately 26 miles. Motel located on left hand side just over bridge across from Black River party store.
Standard status Active
APN 231-T03-004-001-00
Size 2,150 SF
Lot size 1.72 Acres

Additional Details

Business Included Yes

Taxes and HOA fees

Tax Description MAP OF TOWER POND SUBDIVISION NO 1, LOTS 1, 2, 3, BLK 4. (SEC 3, T34N,R1E) 479/117;805/861;1103/114;1103/897;1342/81;1362/753;1362/754
Legal Description MAP OF TOWER POND SUBDIVISION NO 1, LOTS 1, 2, 3, BLK 4. (SEC 3, T34N,R1E) 479/117;805/861;1103/114;1103/897;1342/81;1362/753;1362/754

Utilities

Sewer type Septic Tank
Water source Well
Water front 1

Amenities

waterfront
fishing
kayaking
canoeing
paddle boat rentals
horseshoe pits
playground

Building Details

Building materials Block
Listing Agency: State Wide Real Estate of Onaway
Listed By: Kristy Green · License #6501434960
Added: Oct 29 Last Checked: Oct 31 at 5:06AM
MLS# 201843561

Copyright © 2026 Water Wonderland Board 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.

Rey
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Investment Insights

Based on property information with market context.

This 2,150-square-foot motel property occupies 1.72 acres and includes six motel units plus capacity for up to seven RV sites. Full hookups are available for the RV sites. The grounds include horseshoe pits and a playground, and the sale includes furnishings, appliances, kitchen items, linens, and recreational equipment.

The property has approximately 300 feet of waterfront. Fishing, kayaking, canoeing, and paddle boating are among the activities available, with 10 canoes, seven kayaks, and two paddle boats included. The site is served by a well and septic system, with a parking lot and commercial zoning.

Key Highlights

  • Six motel units and capacity for up to seven RV campsites
  • Approximately 300 feet of waterfront
  • 1.72‑acre property with a 2,150‑square‑foot building

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Motels

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49765, MI

3,898
Population
2,787
Households
1.4
Avg Household Size
50
Median Age
15%
College-Educated
89%
High-School Grad
238.1 sq mi
ZIP Area
16
Density / Sq Mi
$53,125
Median Household Income
$33,107
Median Earnings
$753
Median Rent
$114,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • Tower Shore Motel and Camping — 9994 M-68, Onaway, MI 49765

Frequently Asked Questions

What type of property is this?
Motel - The property pairs motel lodging and RV camping with waterfront recreation options.
Where is this motel located?
The property is located at 9994 Michigan 68 Onaway, MI.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Six motel units and capacity for up to seven RV campsites; Approximately 300 feet of waterfront; 1.72‑acre property with a 2,150‑square‑foot building
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