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    Gould City, MI
    Motel

    Gould City, MI Motels for Sale

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    Engadine, MI Curtis, MI Germfask, MI Gulliver, MI Mcmillan, MI Naubinway, MI Newberry, MI Manistique, MI
    Hospitality and Entertainment Complex
    Updated: Jul 21
    Hospitality and Entertainment Complex

    W16431 US-2, Gould City, MI 49838

    $450,000
    7,333 sqft
    Fully operational, income‑producing commercial property with 4 established revenue streams: restaurant/lounge, 8‑room motel, outdoor concert venue, and year‑round events.
    Includes a Michigan liquor license for on‑premise service, Sunday sales, and carry‑out alcohol purchases.
    Outdoor concert venue designed for up to 1,000‑person events.
    Recent upgrades include renovated restaurant and bar areas and updated motel bathrooms.
    Property features durable steel roofs plus a $35,000 commercial pizza oven and screened outdoor dining.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Gould City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Updated Motel With Standalone Cottages
    Updated Motel With Standalone Cottages

    4871 US Highway 31 N, Central Lake, MI 49622

    $1,674,900
    5,654 sqft 2.76 AC lot

    Lodging property with guest accommodations, on-site living quarters, a garage/workshop, parking, and landscaped outdoor areas.

    View details
    13-Unit Motel with Residence
    13-Unit Motel with Residence

    Sault Sainte Marie, MI 49783

    $350,000
    5,293 sqft

    B-3-zoned hospitality property includes kitchen, storage, and attached living quarters.

    View details
    Motel with Standalone Cottages
    Motel with Standalone Cottages

    Central Lake, MI 49622

    $1,674,900
    5,654 sqft

    Hospitality property with guest rooms, detached cottages, owner-operator living space, and outdoor areas near Torch Lake and Lake Michigan.

    View details
    18-Unit Motel with Owner Quarters
    18-Unit Motel with Owner Quarters

    Sault Sainte Marie, MI 49783

    $995,000

    Commercially zoned hospitality property with room-by-room heating and cooling, masonry and wood-frame construction, and public water service.

    View details

    Gould City, MI Motels Market Trends and Statistics

    Explore 1 motels for sale in Gould City, MI on our real estate platform. These investment opportunities span a total of 7,333 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for motels in Gould City, MI average $450,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Resorts 2
    Motels 1

    Demographics Overview

    Population 434
    Population Growth (5Y) -14.4%
    Median Household Income $39,773
    College Educated 16.8%

    High-Yield Neighborhoods for Investment

    Identify Gould City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49838 $450K

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Tax Rate vs County Average 1.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mackinac County

    New Delisted

    Total CRE Inventory on Market (SF)

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