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Financial
Distress signals
Property profile

255 Gratiot St Copper Harbor, MI 49918

FOR SALE
Other commercial real estate
Property ID
US43-3338017
1.65 ac lot
Last sale Jul 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This resort property features a modern timber-and-wood lodge constructed in 1994, with restaurant and bar space totaling seating for 150 guests. The lodge includes a loft dining area, as well as a second dining room with an additional loft, with capacity for approximately 100 more guests, and is served by a full kitchen. Lodging on the property totals 18 units constructed in 1997 and 2001 and provides 46 beds, including five two-story, two-bedroom cabins, a four-unit log motel, and a nine-unit…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$732k
Assessed land$95k
Assessed improvement$637k

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RS1
JurisdictionKEWEENAW

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.0
Convenience Store8.1
Laundry Service8.1

Location

255 Gratiot St Copper Harbor, MI 49918
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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Saved
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