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    Onaway, MI Waterfront Land for Sale

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    Millersburg, MI Cheboygan, MI Indian River, MI
    Waterfront Hospitality Property For Sale
    $474,900
    2,150 SF

    Waterfront Hospitality Property For Sale

    9994 M-33, Onaway, MI 49765

    Turnkey hospitality property with motel, cabin, RV sites, waterfront access.

    • Turnkey waterfront hospitality property on Tower Pond with access to the Black River.
    • Includes a 6‑unit motel, a separate cabin, and up to 7 RV campsites with full hook‑up options.
    • Enjoy over 300 feet of waterfront for fishing, kayaking, and canoeing.
    • Sale includes all furnishings and equipment (canoes, kayaks, paddle boats, etc.).
    • On‑site entertainment includes horseshoe pits and a playground.
    Updated: Mar 12
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    Scenic Waterfront Land in Onaway
    $99,000
    4.00 Acres

    Scenic Waterfront Land in Onaway

    Parcel C W 638 Highway, Onaway, MI 49765

    4-acre parcel with 360 feet of Upper Black River frontage.

    • Enjoy 360 feet of frontage on the Upper Black River.
    • 4‑acre parcel with scenic views and diverse terrain including open countryside, rolling hills, and cedar forest.
    • Direct river access for trout fishing, kayaking, and canoeing.
    • No HOA restrictions, offering flexibility for building.
    • Located in Northern Michigan, ideal for a dream home, cabin, or private retreat.
    Updated: Feb 27
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    Scenic Waterfront Land in Onaway
    $99,000
    4.00 Acres

    Scenic Waterfront Land in Onaway

    4-acre parcel with 360 feet of Upper Black River frontage.

    Parcel B W 638 Highway, Onaway, MI 49765
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Onaway, 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.

    Waterfront Land on Echo Lake
    $37,000
    0.44 Acres

    Waterfront Land on Echo Lake

    Private waterfront parcel on a peaceful non-motorized lake.

    14453 W Shoreline Drive, Wolverine, MI 49799
    View details
    Wooded Land Near Wildwood Lake
    Contact for pricing
    0.35 Acres

    Wooded Land Near Wildwood Lake

    Wooded parcel with private access to all-sports Wildwood Lake.

    Lance Lake Road lot: 58, Wolverine, MI 49799
    View details
    Waterfront Land on Twin Lakes
    $99,900

    Waterfront Land on Twin Lakes

    Land with 170 feet of frontage on Twin Lakes.

    5829 Krouse Road, Cheboygan, MI 49721
    View details
    Cheboygan Land with Creek Frontage
    $46,000
    5.00 Acres

    Cheboygan Land with Creek Frontage

    Five acre land parcel with Mud Creek waterfront access.

    N Black River Road, Cheboygan, MI 49721
    View details

    Onaway, MI Waterfront Land Investment Opportunities Market Analysis

    Explore 3 waterfront land for sale in Onaway, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,150 square feet of properties for sale, with an estimated market value of $474,900.

    Sale prices for water rights properties in Onaway, MI start at $474,900, averaging $474,900, and reaching up to $474,900 — 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

    Waterfront Land 3
    Recreation land 2
    Hunting land 1
    Residential land & home lots 1

    Demographics Overview

    Population 4,287
    Population Growth (5Y) +15.9%
    Median Household Income $53,125
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49765 $224.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Tax Rate vs County Average 1.42 pp below county avg
    Average Loan-to-Value 65.0%

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