Michigamme, MI Motels for sale

Updated: Aug 20

10-Room Motel with Residence

27837 US 41 Highway, Michigamme, MI 49861

$548,000

3,908 sqft 3.43 AC lot

10 guest rooms plus an on‑site caretaker residence with 2 bedrooms and 1 bathroom
3,908 square feet on 3.43 acres; built in 1962
Direct access to snowmobile Trail #8 from US 41
Four named lakes within 5 miles; state parks, trails, and waterfall viewing areas within 30 minutes
Guest rooms include 42‑inch TVs, microwaves, and mini refrigerators

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Updated: Nov 14, 2025

Lakefront Resort With Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

350 feet of frontage between Ruth Lake and George Lake
4,658‑square‑foot resort property on 1.38 acres
10‑bedroom, 10‑bath lodging operation
More than 3,100 square feet in the lodge area
Separate 2‑bedroom, 2‑bath manager’s residence

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Lakeside Resort with Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000

4,658 sqft 1.38 AC lot

Hospitality property with guest accommodations, waterfront access, and a separate residence suited to on-site management.

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Motel With Caretaker Residence

27837 Us 41, Michigamme, MI 49861

$548,000

4.00 AC lot

Ten guest rooms accompany an adjoining office and a renovated caretaker residence.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Michigamme, 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.

Six-Unit Motel With Living Quarters

18000 Hwy 55, Long Lake, WI 54542

$319,900

4,115 sqft

Hospitality property combines furnished guest rooms with an on-site residence, office, and separate storage buildings.

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10-Room Lakefront Motel

2315 Hwy 17, Phelps, WI 54554

$824,900

6,732 sqft

Includes an onsite residence, furnished guest rooms, storage facilities, and recreational waterfront improvements.

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Six-Unit Motel with Residence

18000 HWY 55, Long Lake, WI 54542

$319,900

4.60 AC lot

On-site living quarters accompany furnished guest rooms, support buildings, and private well and septic systems.

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Motel with Lakefront Parcel

2315 HWY 17, Phelps, WI 54554

$824,900

3.72 AC lot

Ten furnished guest rooms accompany an onsite manager’s residence, guest reception area, and separate lakefront land.

View details

Michigamme, MI Motels Market Trends and Statistics

Explore 4 motels for sale in Michigamme, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,224 square feet of properties for sale, with an estimated market value of $1,946,000.

Sale prices for motels in Michigamme, MI start at $425,000, averaging $486,500, and reaching up to $548,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49861	$466K

Neighborhood

Average Price

49861

$466K