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    Drummond Island, MI
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    Drummond Island, MI Multifamily Properties for Sale

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    De Tour Village, MI Goetzville, MI
    Drummond Island Resort and RV
    Updated: Sep 20, 2024
    Drummond Island Resort and RV

    Drummond Island, MI 49726

    $1,500,000
    5,500 sqft
    Turnkey resort and RV park business with established clientele and profitability.
    Enjoy 630 feet of Lake Huron waterfront in a protected cove.
    Includes 8 cottages and 25 full‑service RV sites.
    Comes with 6 pontoon boats and 4 fishing boats for rental income.
    Includes comfortable owner's residence and a one‑bedroom apartment.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Drummond Island, 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.

    21-Unit Hospitality Property
    21-Unit Hospitality Property

    Sault Sainte Marie, MI 49783

    $450,000
    6,450 sqft

    For sale 21-unit hospitality property with a newly installed flat roof and renovations underway under B-3 zoning.

    View details
    Two-Unit Apartment Building
    Two-Unit Apartment Building

    705 N Second Avenue, Alpena, MI 49707

    $165,000
    1,756 sqft

    A preserved two-unit building with original woodwork, hardwood floors, and classic interior details, offered for sale in B-1 zoning.

    View details
    Waterfront RV Park and Marina Land
    Waterfront RV Park and Marina Land

    Sault Sainte Marie, MI 49783

    $550,000
    68 sqft

    A shoreline parcel with a dredged marina channel and established campsites and mobile home sites for seasonal hosting.

    View details
    Waterfront RV Park and Livery
    Waterfront RV Park and Livery

    5005 Long Rapids Road, Alpena, MI 49707

    $2,270,000
    26.00 AC lot

    Thriving RV park and canoe livery near downtown Alpena.

    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.

    High-Elevation View Farmland Parcel
    High-Elevation View Farmland Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,950,000
    74.20 AC lot

    74-acre ridge-top farmland suited for residential development with expansive multi-directional water and sunset views.

    View details
    Traverse City Land with Utilities
    Traverse City Land with Utilities

    4866 Luanne Lane, Traverse City, MI 49685

    $59,000
    0.52 AC lot

    Half-acre lot with well, septic, gas, and electric hookup.

    View details
    Recreational Lot with Boat Slip
    Recreational Lot with Boat Slip

    831 S Main Street, Au Gres, MI 48703

    Contact for pricing
    0.01 AC lot

    Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

    View details
    Private Campground Lot with Hookups
    Private Campground Lot with Hookups

    4537 Pine Run, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

    View details

    Drummond Island, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Drummond Island, MI on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for multifamily properties in Drummond Island, MI start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — 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

    Mobile home & RV parks 1
    Short term rental properties 1

    Demographics Overview

    Population 1,106
    Population Growth (5Y) +0.2%
    Median Household Income $65,000
    College Educated 37.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Tax Rate vs County Average 0.72 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chippewa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Chippewa County

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