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    Skandia, MI Little Lake, MI Ishpeming, MI
    Turnkey Hospitality Opportunity in Gwinn
    Updated: Nov 24, 2025
    Turnkey Hospitality Opportunity in Gwinn

    190 E M - 35 Highway, Gwinn, MI 49841

    $750,000
    7,263 sqft · 2.87 AC lot
    Turnkey hospitality opportunity ready for new owner.
    Direct access to ATV/ORV snowmobile trails for year‑round outdoor activities.
    Convenient location: 10 minutes from the airport and 20 minutes from Marquette.
    Enjoy the outdoor amenities: sauna, 820 sq ft patio with fire pit and gas grill, kids' play area, and fenced pet area.
    Updated rooms with new 40" smart TVs, furniture, mini‑refrigerator, microwave, bedding, mattresses, carpeting, and local artwork.
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    This listing looks promising.

    Here's a quick look at some key insights for

    190 E M - 35 Highway, Gwinn, MI 49841

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $554K
      Suggested

    • Property Type

      Commercial (General)
      Built 1990
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Gwinn, 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.

    Lakeside Resort and Motel
    Lakeside Resort and Motel

    27672 US 41 Highway, Michigamme, MI 49861

    $425,000
    4,658 sqft · 1.38 AC lot

    Hospitality destination with lake frontage in Michigan's Upper Peninsula.

    View details
    Lakeside Resort and Motel
    Lakeside Resort and Motel

    27672 US 41 Highway, Michigamme, MI 49861

    $425,000
    4,658 sqft · 1.38 AC lot

    Lakeside resort offering 10-bedroom, 10-bath lodging with lodge space, dock access, and supporting outbuildings.

    View details
    Hilltop Resort & Supper Club
    Hilltop Resort & Supper Club

    10120 Parkway Rd, Crivitz, WI

    $4,200,000
    36.79 AC lot

    Resort with bar, supper club, cabins, motel, and trailer/RV sites.

    View details
    Hilltop Resort For Sale
    Hilltop Resort For Sale

    N10120 Parkway Road , 1599000, Crivitz, WI 54114

    $4,200,000
    9,333 sqft

    Northern Wisconsin resort with bar, supper club, and motel.

    View details

    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.

    Waterfront Buildable Land
    Waterfront Buildable Land

    6785 Fouch Road, Traverse City, MI 49684

    $250,000
    2.69 AC lot

    Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

    View details
    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

    7900,7990,7996 N Alger Road, Alma, MI 48801

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

    View details
    High-Visibility Highway Commercial Land
    High-Visibility Highway Commercial Land

    Blue Star Highway lot: 2, Fennville, MI 49408

    $300,000
    2.75 AC lot

    Cleared highway exit land in a C-3 district for a range of commercial and service uses.

    View details
    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    0.60-acre vacant lot on a hard corner in Canton.

    View details

    Gwinn, MI Motels Market Trends and Statistics

    Explore 1 motels for sale in Gwinn, MI on our real estate platform. These investment opportunities span a total of 7,263 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for motels in Gwinn, MI start at $750,000, averaging $750,000, and reaching up to $750,000 — 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

    Bed & breakfasts 1
    Hotels 1
    Motels 1

    Demographics Overview

    Population 7,359
    Population Growth (5Y) +1.6%
    Median Household Income $61,337
    College Educated 30.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49841 $750K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

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