Recreation

Munising, MI Recreation Land for Sale

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Shingleton, MI Au Train, MI Manistique, MI
73 Acres in Munising, MI
Updated: May 18
73 Acres in Munising, MI

73 Acres off Grand Street, Munising, MI 49862

$249,000
73.00 AC lot
73‑acre parcel with Anna River frontage.
Elevated ridge with Lake Superior and downtown Munising views.
Highland One zoning allows residential and commercial uses.
Minutes from downtown Munising amenities.
Mix of mature forest and open areas.
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Unique Tourist Attraction with Waterfalls
Updated: Jan 28, 2025
Unique Tourist Attraction with Waterfalls

602 Bell Avenue, Munising, MI 49862

$6,900,000
2,714 sqft · 79.00 AC lot
79‑acre property featuring the Horseshoe Falls spring‑fed waterfalls and more than 1/2 mile of woodland paths
Trout pond on site with 200–300 large rainbow trout, plus botanical garden and gnome theme attractions
Gift shop provides the entry point to the paths leading to the falls, botanical gardens, and pond
On‑site living: attached 2‑bedroom, 1.5‑bath living quarters
Detached 28' x 40' garage, plus patio/deck and fenced yard
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Unique Tourist Attraction with Waterfalls
Unique Tourist Attraction with Waterfalls

602 Bell, Munising, MI 49862

$6,900,000
2,714 sqft · 79.00 AC lot

Established tourist attraction featuring waterfalls, gardens, and gift shop.

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138 Acres Near Pictured Rocks
138 Acres Near Pictured Rocks

H-58 Highway, Munising, MI 49862

$338,100
138.00 AC lot

138-acre property near Pictured Rocks National Lakeshore.

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93 Acres on Anna River
93 Acres on Anna River

County Road 577 lot: Anna River Rdp, Munising, MI 49862

$146,475
93.00 AC lot

93 acres with 4,500 FF on the Anna River.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Munising, 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.

240 Acres Recreational Land For Sale
240 Acres Recreational Land For Sale

Billie Helmer Road, Deerton, MI 49822

$181,000
240.00 AC lot

240-acre wooded recreational parcel in Michigan's Upper Peninsula.

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Wooded Recreational Land Parcels
Wooded Recreational Land Parcels

TBD Billie Helmer Road, Deerton, MI 49822

$181,000
240.00 AC lot

240-acre wooded recreational land split into two parcels with mixed forest and woody wetlands.

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94 Acres of Forest Land
94 Acres of Forest Land

on E Shingleton Road, Shingleton, MI 49884

$245,000
94.00 AC lot

94 acres with hardwood forest and trout stream frontage.

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Land with Miner's River Frontage
Land with Miner's River Frontage

on W Shingleton Road, Shingleton, MI 49884

$250,000
98.00 AC lot

98-acre land parcel with frontage on Miner's River.

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Munising, MI Recreation Land Market Trends and Statistics

Explore 5 recreation land for sale in Munising, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,428 square feet of properties for sale, with an estimated market value of $13,800,000.

Sale prices for recreation land in Munising, MI start at $6,900,000, averaging $6,900,000, and reaching up to $6,900,000 — 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

Commercial property segments ranked by active listings on the market

Recreation land 5
Waterfront Land 3
Commercial land 2
Residential land & home lots 2
Agricultural land / Farmland 1

Demographics Overview

Population 4,532
Population Growth (5Y) -12.1%
Median Household Income $59,575
College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49862 $2.9M

Taxes & Financing

Tax Rate (average for all types) 1.84%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alger County

New Delisted

Total CRE Inventory on Market (SF)

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