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    Wilderness Resort with Lodge & Cabins
    Updated: Jul 7
    Wilderness Resort with Lodge & Cabins

    255 Gratiot Street, Copper Harbor, MI 49918

    $1,750,000
    20,224 sqft 1.65 AC lot
    Main lodge built in 1994 with a restaurant and bar seating for 150 guests
    Additional dining room with its own loft can accommodate approximately another 100 guests
    Full kitchen included
    Lodging includes 18 units built in 1997 and 2001 totaling 46 beds
    Unit mix includes 5 two‑story 2 BR cabins, a 4‑unit log motel, and a 9‑unit motel
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    This listing looks promising.

    Here's a quick look at some key insights for

    255 Gratiot Street, Copper Harbor, MI 49918

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $91K
      Annual

    • Price @ 7% Cap

      $1.3M
      Suggested
    View Property Analytics
    Wilderness Resort with Lodging
    Updated: Jul 7
    Wilderness Resort with Lodging

    255 Gratiot St, Copper Harbor, MI 49918

    $1,750,000
    Restaurant and bar in the main lodge with seating for 150 guests
    18 lodging units built in 1997 and 2001
    46 total beds across the lodging accommodations
    Five two‑story 2 BR cabins with spacious living areas
    Four‑unit log motel and nine‑unit motel
    View details
    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Keweenaw County, MI, we suggest exploring several alternatives:

    Keweenaw County, MI Motels Market Trends and Statistics

    Explore 2 motels for sale in Keweenaw County, MI on our real estate platform. These investment opportunities span a total of 20,224 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for motels in Keweenaw County, MI average $1,750,000 — 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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