Advertise
    Drummond Island, MI
    Residential Income

    Drummond Island, MI Residential Income Properties for Sale

    Notify Me
    List
    Map
    De Tour Village, MI Goetzville, MI
    Drummond Island Resort and RV
    Updated: Sep 20, 2024
    Drummond Island Resort and RV

    Drummond Island, MI 49726

    $1,500,000
    5,500 sqft
    Turnkey resort and RV park business with established clientele and profitability.
    Enjoy 630 feet of Lake Huron waterfront in a protected cove.
    Includes 8 cottages and 25 full‑service RV sites.
    Comes with 6 pontoon boats and 4 fishing boats for rental income.
    Includes comfortable owner's residence and a one‑bedroom apartment.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Drummond Island, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    21-Unit Hospitality Property
    21-Unit Hospitality Property

    Sault Sainte Marie, MI 49783

    $450,000
    6,450 sqft

    For sale 21-unit hospitality property with a newly installed flat roof and renovations underway under B-3 zoning.

    View details
    Two-Unit Apartment Building
    Two-Unit Apartment Building

    705 N Second Avenue, Alpena, MI 49707

    $165,000
    1,756 sqft

    A preserved two-unit building with original woodwork, hardwood floors, and classic interior details, offered for sale in B-1 zoning.

    View details
    Waterfront RV Park and Marina Land
    Waterfront RV Park and Marina Land

    Sault Sainte Marie, MI 49783

    $550,000
    68 sqft

    A shoreline parcel with a dredged marina channel and established campsites and mobile home sites for seasonal hosting.

    View details
    Waterfront RV Park and Livery
    Waterfront RV Park and Livery

    5005 Long Rapids Road, Alpena, MI 49707

    $2,270,000
    26.00 AC lot

    Thriving RV park and canoe livery near downtown Alpena.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Huron Waterfront Residential Lots
    Lake Huron Waterfront Residential Lots

    Pointe Aux Pins, MI 49775

    $99,900
    0.55 AC lot

    Residential waterfront lots with onsite driveway, clearing, and electric for building a lake-focused retreat.

    View details
    Residential Land in Rogers City
    Residential Land in Rogers City

    1334 N Cedar Street, Rogers City, MI 49779

    Contact for pricing

    Vacant lot zoned for residential use in Rogers City, MI.

    View details
    Residential Land in Quiet Neighborhood
    Residential Land in Quiet Neighborhood

    Peck Street, Sault Sainte Marie, MI 49783

    Contact for pricing
    0.22 AC lot

    Buildable lot near Lake Superior State University and Soo Locks.

    View details
    Wooded Hunting and Recreation Land
    Wooded Hunting and Recreation Land

    S Bound Rd, Rudyard, MI 49780

    $75,000
    50.00 AC lot

    50-acre wooded parcel with trails and clearings, bordered by state land for secluded year-round outdoor use.

    View details

    Drummond Island, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Drummond Island, MI on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for residential income properties in Drummond Island, MI start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Mobile home & RV parks 1
    Short term rental properties 1

    Demographics Overview

    Population 1,106
    Population Growth (5Y) +0.2%
    Median Household Income $65,000
    College Educated 37.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Tax Rate vs County Average 0.72 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chippewa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Chippewa County

    Office

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Drummond Island, MI

    Most Searched ZIP Codes in Drummond Island, MI

    • 49726

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!