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    Property profile & analytics

    137417 Main St Nahma, MI 49864

    • Investment properties
    • 6,343 SF
    • 1.97 lot acres
    For Sale
    View listing
    $725,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 137417 Main St

    Year built
    1909
    Lot size
    1.97 lot acres
    Property size
    6,343 SF
    Property type
    Investment properties

    Description

    The historic Nahma Inn, located at 137417 Main Street LL, Nahma, MI, presents a unique investment opportunity. This established business boasts a prime 1.97-acre waterfront location with direct access to an All-Season Trail, catering to a diverse clientele of adventurers and locals. The 6,343 square foot inn features 17 guest rooms

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nahma
    County
    Delta
    State
    Michigan
    Longitude
    -86.6587
    Latitude
    45.8399

    Comparable in this City

    • Value Estimation by Request
      53.20 Acres

      13723 Main St

      Investment properties • 53.20 Acres
      13723 Main St, Nahma, MI 49864
      View Details
    • Value Estimation by Request
      20.00 Acres

      13723 Main Campground

      Investment properties • 20.00 Acres
      13723 Main Campground, Nahma, MI 49864
      View Details
    • Value Estimation by Request
      20.00 Acres

      13723 Main Cabins

      Investment properties • 20.00 Acres
      13723 Main Cabins, Nahma, MI 49864
      View Details
    • Value Estimation by Request
      31.09 Acres

      13723 Main St Ll Rd

      COMMERCIAL (GENERAL) • 31.09 Acres
      13723 Main St Ll Rd, Nahma, MI 49864-9800
      View Details
    • Value Estimation by Request
      39.85 Acres

      Nahma, MI 49864

      VACANT COMMERCIAL LAND • 39.85 Acres
      Nahma, MI 49864
      View Details
    • Value Estimation by Request
      0.34 Acres

      13729 Main St Ll Rd

      COMMERCIAL (GENERAL) • 0.34 Acres
      13729 Main St Ll Rd, Nahma, MI 49864-9800
      View Details

    Similar Nearby for Sale

    • $595,000
      20.00 Acres

      Nahma Waterfront Campground Business

      Profitable Upper Peninsula Campground
      13723 Main Campground, Nahma, MI 49864
      View Details
    • $725,000
      6,343 SF

      Nahma Inn: Historic Waterfront Business

      Lakefront Inn, Restaurant, Event Venue
      137417 Main St, Nahma, MI 49864
      View Details
    • $1,995,000
      53.20 Acres

      13723 Main St, Nahma, MI 49864

      Investment properties • 53.20 Acres
      13723 Main St, Nahma, MI 49864
      View Details
    • $995,000
      20.00 Acres

      13723 Main Cabins, Nahma, MI 49864

      Investment properties • 20.00 Acres
      13723 Main Cabins, Nahma, MI 49864
      View Details
    • $129,000
      1.84 Acres

      Lake Michigan Frontage Land Parcel

      1.84-acre lot with 237' frontage on Lake Michigan.
      14333 Nahma Shores Jj.45 Rd, Nahma, MI 49864
      View Details
    • $75,000
      0.51 Acres

      Waterfront Land on Golf Course

      Waterfront property on Nahma Golf Course with beach and woods.
      14387 Nahma Shores Jj.45 Rd, Nahma, MI 49864
      View Details
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    137417 Main St
    Nahma, MI 49864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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