1853 Old M-63, Luther, MI 49656
Nestled in the heart of Michigan's Manistee National Forest, this exceptional business opportunity presents a unique blend of rustic charm and recreational potential. The property encompasses 6.05 acres and features a restored early 20th-century log cabin lodge overlooking the tranquil Little Manistee River. This idyllic setting offers unparalleled access to a variety of outdoor activities, including world-class fly fishing for brook, rainbow, and brown trout directly from the property. Extensive trail systems are readily accessible, perfect for hiking, mountain biking, snowshoeing, cross-country skiing, snowmobiling, and ATV riding. The lodge's central location provides easy access to other renowned Michigan rivers such as the Pere Marquette, Pine, Manistee, and Big Sable Rivers, along with their pristine tributaries, offering further opportunities for canoeing, kayaking, and rafting. This turnkey business presents a rare chance to own a thriving lodge in a highly sought-after recreational area. The asking price for this exceptional property is $749,900. The square footage of the lodge is not currently available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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