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    Drummond Island, MI
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    Drummond Island, MI Mixed-use Properties for Sale

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    De Tour Village, MI Goetzville, MI
    Drummond Island Resort and RV
    Updated: Sep 20, 2024
    Drummond Island Resort and RV

    Drummond Island, MI 49726

    $1,500,000
    5,500 sqft
    Turnkey resort and RV park business with established clientele and profitability.
    Enjoy 630 feet of Lake Huron waterfront in a protected cove.
    Includes 8 cottages and 25 full‑service RV sites.
    Comes with 6 pontoon boats and 4 fishing boats for rental income.
    Includes comfortable owner's residence and a one‑bedroom apartment.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Drummond Island, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Commercial Space
    Mixed-Use Building with Commercial Space

    525 W Mitchell Street, Petoskey, MI 49770

    $1,870,000
    10,580 sqft

    Multi-unit property with office/retail spaces and on-site rentals, including off-street parking.

    View details
    Mixed-Use Commercial Property, Alpena
    Mixed-Use Commercial Property, Alpena

    2160 US 23 S, Alpena, MI 49707

    $288,000
    2,348 sqft

    High-visibility mixed-use property with retail/office space and residential unit.

    View details
    Downtown Alpena Mixed-Use Building
    Downtown Alpena Mixed-Use Building

    105 N 2nd Avenue, Alpena, MI 49707

    $530,000
    3,662 sqft

    Historic building with retail space and renovated apartment.

    View details
    Mixed-Use Building with Rental Micro-Units
    Mixed-Use Building with Rental Micro-Units

    525 W Mitchell St, Petoskey, MI 49770

    $1,930,000
    22,405 sqft

    Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Site on Bluff
    Commercial Development Site on Bluff

    4367 Charlevoix Ave, Petoskey, MI 49770

    $369,000

    Bluff-top commercial lot with prior assisted-living approval and utility access, offering bay and Beaver Island views.

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    Elmira Land Parcel on Woodward
    Elmira Land Parcel on Woodward

    V/L 1.6AC Woodward Avenue, Elmira, MI 49730

    $63,900
    1.60 AC lot

    1.6-acre parcel with meadow and woods near M-32 Highway.

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    Waterfront Multi-Use Land Parcels
    Waterfront Multi-Use Land Parcels

    220 Water Street, East Jordan, MI 49727

    $4,999,000
    3.40 AC lot

    Eight parcels total 3.4 acres with 360 feet of Lake Charlevoix waterfront in a centrally located mixed-use setting.

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    Gently Sloped Commercial-Ready Lot
    Gently Sloped Commercial-Ready Lot

    US 31 S, Charlevoix, MI 49720

    $110,000
    1.34 AC lot

    A 1.34-acre wooded site with utility access options in a mixed residential and commercial planning area.

    View details

    Drummond Island, MI Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Drummond Island, MI on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for multi use buildings in Drummond Island, MI start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,106
    Population Growth (5Y) +0.2%
    Median Household Income $65,000
    College Educated 37.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Tax Rate vs County Average 0.72 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chippewa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Chippewa County

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