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    Shingleton, MI Au Train, MI Manistique, MI
    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
    Updated: Jan 27, 2025
    Unique Tourist Attraction with Waterfalls

    602 Bell, Munising, MI 49862

    $6,900,000
    2,714 sqft · 79.00 AC lot
    Established tourist attraction: Horseshoe Falls, a privately owned waterfalls.
    79 acres of land including natural spring‑fed waterfalls.
    Over 1/2 mile of woodland paths and botanical garden with a Gnome theme.
    Trout pond stocked with 200‑300 large rainbow trout.
    Gift shop with unique gifts, souvenirs, and ice cream.
    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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Munising, 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.

    Versatile Commercial Building in Manistique
    Versatile Commercial Building in Manistique

    127 Chippewa Avenue, Manistique, MI 49854

    $185,000
    4,080 sqft · 0.42 AC lot

    4000 sq ft commercial building with potential for various businesses.

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    Flower Shop Retail Building
    Flower Shop Retail Building

    176 River Street, Manistique, MI 49854

    $199,900
    1,200 sqft · 0.04 AC lot

    Well-maintained storefront includes a walk-in floral cooler, office, storage, and a spacious checkout area for retail operations.

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    Historic Mixed-Use Downtown Building
    Historic Mixed-Use Downtown Building

    221 West Washington Street, Marquette, MI 49855

    $799,900
    4,550 sqft

    Historic mixed-use building combines retail storefront space with private office areas and an independently accessed residence.

    View details
    Retail Building with Living Quarters
    Retail Building with Living Quarters

    521 W Washington Street, Marquette, MI 49855

    $650,000
    1,962 sqft

    Versatile retail layout with attached living quarters, offering multiple configuration options in a walkable neighborhood setting.

    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.

    Prime Land in Rapid River
    Prime Land in Rapid River

    7683 US2 Highway, Rapid River, MI 49878

    $49,900
    1.97 AC lot

    Commercial land with high traffic exposure in Rapid River, MI.

    View details
    Commercial Land on Highway 2
    Commercial Land on Highway 2

    737 E Lakeshore Drive, Manistique, MI 49854

    $450,000
    0.97 AC lot

    Prime vacant lot in high-traffic commercial area.

    View details
    Prime Commercial Lot For Sale
    Prime Commercial Lot For Sale

    909 S Stephenson Avenue, Iron Mountain, MI 49801

    $250,000
    2,335 sqft · 0.20 AC lot

    High-visibility commercial lot in Iron Mountain, Michigan.

    View details
    Prime Land in Egg Harbor
    Prime Land in Egg Harbor

    Hwy 42, Egg Harbor, WI 54209

    $429,000
    0.18 AC lot

    Commercial land in the heart of Egg Harbor, Wisconsin.

    View details

    Munising, MI Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Munising, MI 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 retail units 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

    Storefront properties 2

    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 $6.9M

    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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