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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 22, 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.
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    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.

    Escanaba Turnkey Entertainment Venue
    Escanaba Turnkey Entertainment Venue

    224 Stephenson Avenue, Escanaba, MI 49829

    $480,000
    4,805 sqft · 0.19 AC lot

    Fully operational entertainment venue in central Escanaba with growth potential.

    View details
    Escanaba Commercial Property on 1st Ave
    Escanaba Commercial Property on 1st Ave

    200 N 30th Street, Escanaba, MI 49829

    $1,980,000
    8,918 sqft · 4.63 AC lot

    High-visibility commercial building on a large lot in Escanaba.

    View details
    Multi-Use Waterfront Property Portfolio
    Multi-Use Waterfront Property Portfolio

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft · 3.40 AC lot

    Portfolio of eight parcels with 360’ of Lake Charlevoix frontage, combining event space, rentals, warehouse, and office/retail.

    View details
    Multi-Use Waterfront Parcel Package
    Multi-Use Waterfront Parcel Package

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft · 3.40 AC lot

    Eight parcels totaling 3.4 acres with extensive Lake Charlevoix frontage, including event, retail/office, and storage uses.

    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.

    Scenic Land Parcel in Sturgeon
    Scenic Land Parcel in Sturgeon

    N Duluth Ave, Sturgeon Bay, WI 54235

    $400,000
    3.49 AC lot

    East-facing land with seasonal water views and development potential.

    View details
    Waterfront Land with Shared Frontage
    Waterfront Land with Shared Frontage

    Timberlee Drive, Traverse City, MI 49684

    $2,900,000
    100.18 AC lot

    Large waterfront parcel with multiple potential building sites and shared Lake Leelanau frontage.

    View details
    Vacant Land Near Water Feature
    Vacant Land Near Water Feature

    890 Avis Dr, Ann Arbor, MI 48108

    $499,000
    3.85 AC lot

    3.85 acres of commercial land with development potential.

    View details
    Galena Land For Sale
    Galena Land For Sale

    US Rt 20 W lot: 3, Galena, IL 61036

    $252,000
    1.75 AC lot

    1.75 acres in Galena, Illinois, near Gateway Park.

    View details

    Munising, MI Wedding Venues Market Trends and Statistics

    Explore 2 wedding venues 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 event centers 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

    Wedding venues 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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