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    1853 Old M-63, Luther, MI 49656

    6.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Lot 6.05 ac (263,538 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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