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Michigamme, MI Resorts for Sale

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Republic, MI Champion, MI Covington, MI L' Anse, MI Ishpeming, MI Skanee, MI Crystal Falls, MI Amasa, MI
Lakeside Resort with Manager Residence
Updated: Nov 14, 2025
Lakeside Resort with Manager Residence

27672 US 41 Highway, Michigamme, MI 49861

$425,000
4,658 sqft 1.38 AC lot
10‑bedroom, 10‑bath resort operation
350 feet of waterfront between Ruth Lake and George Lake
Two‑bedroom, two‑bath manager's residence with kitchen, dining room, and office
4,658 square feet on 1.38 acres
Private dock and four outbuildings
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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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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.

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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.

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Resort with Motel Facilities
Resort with Motel Facilities

N10120 PARKWAY Road, Crivitz, WI 54114

$1,599,000
2.72 AC lot

The property combines lodging with a bar and supper-club, with commercial zoning.

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Resort with RV Sites
Resort with RV Sites

N10120 PARKWAY Road, Crivitz, WI 54114

$4,200,000
36.79 AC lot

Cabins, motel accommodations, food service, and trailer/RV sites form a mixed hospitality property.

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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 3
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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