27837 US41 Highway $559,900


    27837 US41 Highway Michigamme, MI 49861

    • 3,986 sq. ft.
    • 3.43 Acres
    • Commercial
    • MLS# 50122250
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    Views: 449 Days On Site: 73

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    Property Details

    What an incredible opportunity! This one story, 10 guest room motel (outside room access) sits directly on US 41 in the heart of Michigan's Upper Peninsula. The motel was built in 1962 & is situated perfectly on just under 4 acres. Motel guests include leisure and business travelers, cross-country travelers on US 41, construction works, sportsmen & folks visiting family living locally. The motel is open year-round but could be seasonal if preferred. The motel includes a 2-bedroom completely renovated owners unit in the middle of the motel with a 1/2 basement and a great layout. Motel was recently updated w/all new energy efficient double pane vinyl frame windows and the rear of the motel has been resided. The motel office has a continental breakfast, seating area for guests & a small gift shop with unique U.P. items. The front of the motel can accommodate parking for cars, large vehicles, campers, trailers and boats. The guests like that they can park outside their room for easy access. The backyard is huge - the fire pit is the focal point of this area. The possibilities are endless - add a gazebo, tents for large gatherings & horseshoe pits. Storage is taken care of - between the detached garage, pole building, workshop and shed there is more than enough room for vehicles, lawn care & snow removal equipment. The mailing address is Michigamme but the hotel is located in Three Lakes (5 miles west of Michigamme). The motel is adjacent to three beautiful lakes including Beaufort and Ruth (public access) and also Lake George (private). The motel is located near Craig Lake State Park, Van Riper State Park, McCormick Trails, Canyon Falls and has direct access to Trail #8 (snowmobile trail). Centrally located and about an hour from Marquette (Northern Michigan University) or Houghton (Michigan Technological University). Located in a 4 seasons wonderland the possibilities for this commercial property are endless.

    • General Features
      • Acreage 3.43
      • Area Municipality Spurr Twp (07010)
      • Body of Water none
      • County Baraga
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Total SqFt Finished 3986
      • Waterfront Y/N No
      • Year Built 1962
      • ZONING Commercial
    • Building Features
      • Exterior Construction Hardboard, Vinyl Siding
      • Exterior Features Deck/Patio
      • Foundation Type Crawl
      • Heating System Baseboard
      • FUEL TYPE LP/Propane Gas
      • Roofing Rubber
    • Property Features
      • Water Private Well
      • Water Features None
      • PARKING 11-20 Spaces
      • Lot Size 400x182
      • Roads Class A
      • Sewer Septic Septic



    49861 (Michigamme) Demographics

    57 Median Age
    2 Population Density (per sq. mile)
    38% College Educated
    $61,875 Estimated Median Income
    217 Estimated Total Home Owners
    11 Estimated Total Renters
    95% / 5% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    494 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $216,000 Median Sales Price
    4 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $559,900
        9/16/2023 11:06:00 AM New in Database Source: Multiple Listing Service New Value: $559,900

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.