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    Michigamme, MI
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    Michigamme, MI Resorts for Sale

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    Lakefront Resort With Manager Residence
    Updated: Nov 14, 2025
    Lakefront Resort With Manager Residence

    27672 US 41 Highway, Michigamme, MI 49861

    $425,000
    4,658 sqft 1.38 AC lot
    350 feet of frontage between Ruth Lake and George Lake
    4,658‑square‑foot resort property on 1.38 acres
    10‑bedroom, 10‑bath lodging operation
    More than 3,100 square feet in the lodge area
    Separate 2‑bedroom, 2‑bath manager’s residence
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    Lakeside Resort and Motel
    Updated: Nov 14, 2025
    Lakeside Resort and Motel

    27672 US 41 Highway, Michigamme, MI 49861

    $425,000
    4,658 sqft 1.38 AC lot
    Overlooks 350 ft of waterfront frontage between Ruth Lake and George Lake in Michigan’s Upper Peninsula
    The Bear’s Paw resort/motel offers 10 bedrooms and 10 bathrooms
    More than 3,100 SF lodge with pine finishes and remodeled baths
    On‑site amenities include a private dock and security lighting; parking lot included
    Manager’s residence includes 2 bedrooms and 2 bathrooms with a full kitchen, dining room, and office space
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Michigamme, 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.

    Lakefront Resort Four-Unit Property
    Lakefront Resort Four-Unit Property

    Crystal Falls, MI 49920

    $519,900
    2,276 sqft 1.60 AC lot

    Four 2-bedroom, 1-bath units sit on 202 feet of sandy lake frontage with a permanent pier and guest dock facilities.

    View details
    COMMERCIAL - Crystal Falls, MI
    COMMERCIAL - Crystal Falls, MI

    229 E Lake Emily Rd, Crystal Falls, MI 49920

    $519,900
    2,276 sqft 1.59 AC lot

    Four 2-bedroom units sit on sandy Lake Emily frontage with a permanent pier and dedicated fish cleaning facilities.

    View details
    Resort Property with Lake Frontage
    Resort Property with Lake Frontage

    12901 TIMBER LODGE LN, Manitowish Waters, WI 54545

    $1,950,000
    4.00 AC lot

    Resort property on a sand waterfront lot with west-facing views on the Manitowish Waters Chain of Lakes.

    View details
    Lakeside Cabin Resort Property
    Lakeside Cabin Resort Property

    12894 HELMS LN, Manitowish Waters, WI 54545

    Contact for pricing
    6.00 AC lot

    Well-maintained three-cabin resort with 200 feet of sand frontage on the Manitowish Chain.

    View details

    Michigamme, MI Resorts Market Trends and Statistics

    Explore 2 resorts for sale in Michigamme, MI on our real estate platform. These investment opportunities span a total of 9,316 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for resorts in Michigamme, MI average $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

    Motels 2
    Resorts 2

    Demographics Overview

    Population 534
    Population Growth (5Y) +1.5%
    Median Household Income $66,806
    College Educated 40.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49861 $425K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

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