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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 Pickford, MI
    Drummond Island Resort and RV
    Updated: Sep 20, 2024
    Drummond Island Resort and RV

    Drummond Island, MI 49726

    Contact for pricing
    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.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Drummond Island, 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.

    Renovated Boutique Motel
    Renovated Boutique Motel

    Sault Sainte Marie, MI 49783

    $1,250,000
    9,959 sqft

    Renovated roadside lodging property operating as a boutique vacation rental business in Sault Ste. Marie.

    View details
    Updated Triplex with Decks
    Updated Triplex with Decks

    321 Dresser Street, Cheboygan, MI 49721

    $239,900

    One renovated apartment is vacant, while two additional units are leased.

    View details
    Triplex with Off-Street Parking
    Triplex with Off-Street Parking

    Sault Sainte Marie, MI 49783

    $99,000
    0.09 AC lot

    Vacant three-unit property with two two-bedroom apartments and one one-bedroom apartment.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    123 N BAILEY STREET, Cheboygan, MI 49721

    $399,000

    Attached garage, storage space, partial basement, and rear paved parking support the existing layout.

    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.

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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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