Residential Income

Gould City, MI Residential Income Properties for Sale

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Engadine, MI Curtis, MI Germfask, MI Gulliver, MI Mcmillan, MI Naubinway, MI Newberry, MI Manistique, MI
Waterfront Resort with Rental Cabins
Updated: Jul 14
Waterfront Resort with Rental Cabins

17461 W Norton Rd., Gould City, MI 49838

$1,425,000
3.75 AC lot
Fully operating waterfront resort business on South Manistique Lake in Michigan’s Upper Peninsula
3.75‑acre lakefront parcel with 400 ft of direct lake frontage
11 fully operating weekly rental cabins with established booking system
On‑site owners residence: log home with 2 beds, 2 baths, and about 1,600 sq ft
Seasonal occupancy noted with peak summer demand and supplemental winter weekend bookings
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Gould City, 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.

Mixed-Use Building with Commercial Space
Mixed-Use Building with Commercial Space

525 W Mitchell Street, Petoskey, MI 49770

$1,870,000
10,580 sqft

Multi-unit property with office/retail spaces and on-site rentals, including off-street parking.

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Historic Mixed-Use Building with Rooftop
Historic Mixed-Use Building with Rooftop

211 Bridge, Charlevoix, MI 49720

$3,995,000
10,500 sqft

Restored brick mixed-use property with retail space, multiple apartments, and a rooftop gathering area with plunge pool.

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Historic Mixed-Use Building with Retail
Historic Mixed-Use Building with Retail

211 Bridge Street, Charlevoix, MI 49720

$3,995,000
10,500 sqft

Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

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Mixed-Use Building with Rental Micro-Units
Mixed-Use Building with Rental Micro-Units

525 W Mitchell St, Petoskey, MI 49770

$1,930,000
22,405 sqft

Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

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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.

Lakefront Residential Land
Lakefront Residential Land

Champs Elysees Rd, Gould City, MI 49838

Contact for pricing
0.77 AC lot

Residential lakefront parcel with 99.9 feet of waterfront on Milakokia Lake.

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Waterfront Land on Milakokia Lake
Waterfront Land on Milakokia Lake

N Milakokia Lake Road, Gould City, MI 49838

$84,900
2.65 AC lot

2.65 acres with 500+ feet of lake frontage.

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Lake Michigan Waterfront Estate
Lake Michigan Waterfront Estate

4264 FF Top O' the Lake Road, Gulliver, MI 49840

$7,700,000
120.00 AC lot

Remarkable 120-acre estate with 4,264 feet of sugar-sand beach.

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Lake Michigan Waterfront Land Parcel
Lake Michigan Waterfront Land Parcel

1396 FF Top O' the Lake Road, Gulliver, MI 49840

$2,700,000
47.00 AC lot

47 acres with 1,396 feet of Lake Michigan frontage.

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Gould City, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Gould City, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,425,000.

Sale prices for residential income properties in Gould City, MI start at $1,425,000, averaging $1,425,000, and reaching up to $1,425,000 — 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

Multifamily properties 1
Short term rental properties 1

Demographics Overview

Population 434
Population Growth (5Y) -14.4%
Median Household Income $39,773
College Educated 16.8%

Taxes & Financing

Tax Rate (average for all types) 2.57%
Tax Rate vs County Average 1.06 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mackinac County

New Delisted

Total CRE Inventory on Market (SF)

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