Motel

Munising, MI Motels for Sale

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Turnkey Motel and Cabins Business
Updated: Mar 7
Turnkey Motel and Cabins Business

E9454 Michigan 28, Munising, MI 49862

$1,295,000
1.88 AC lot
Turnkey motel and cabin business with expansion potential on 1.88 acres.
Includes a 12‑unit motel, 4 log cabins (built in 2009), and a 2‑bedroom owner's home/office.
Prime location minutes from downtown Munising and major tourist attractions.
Ideal for hospitality business, vacation rentals, or multi‑use commercial development.
Located in Munising, a thriving tourist destination with high seasonal foot traffic.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Munising, 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.

Motel with Outdoor Pavilion
Motel with Outdoor Pavilion

797 Hwy 42, Ellison Bay, WI 54210

$398,500
1,160 sqft 1.68 AC lot

An established lodging operation offers guest rooms, boat and trailer parking, and Mixed Use Commercial (MC) zoning.

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Motel With Caretaker Residence
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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6-Room Motel with Pavilion
6-Room Motel with Pavilion

797 Hwy 42, Ellison Bay, WI 54210

$398,500
1,160 sqft 1.68 AC lot

The operating lodging property includes boat and trailer parking, along with outdoor areas for guest gatherings.

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10-Room Motel with Residence
10-Room Motel with Residence

27837 US 41 Highway, Michigamme, MI 49861

$548,000
3,908 sqft 3.43 AC lot

Guest accommodations pair with an on-site caretaker residence, office, breakfast area, and small retail space.

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Munising, MI Motels Market Trends and Statistics

Explore 1 motels for sale in Munising, MI on our real estate platform.

Sale prices for motels in Munising, MI average $1,295,000 — 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

Campgrounds 2
Bed & breakfasts 1
Motels 1

Demographics Overview

Population 4,532
Population Growth (5Y) -12.1%
Median Household Income $59,575
College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49862 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.84%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alger County

New Delisted

Total CRE Inventory on Market (SF)

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