Michigamme MI Commercial for Sale

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Type:
Industrial
Sq.Ft.:
1,762
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1999
Baths:
MLS#:
50154277

ADDITIONAL INFORMATION

The Moose Drop and Sport shop if a fully operational restaurant with a commercial kitchen that includes a gas fired pizza oven, griddle, range, deep fryer, multiple prep stations, multiple coolers and freezers including a commercial walk-in cooler/freezer (cooler is currently down). There is a 3 tub stainless wash station, warming display rack, pop machine, meat slicer, pots, pans, utensils, essentially everything necessary to run your own restaurant. If a restaurant or sport shop is not not in your future, how about converting it into a single family home or an Airbnb? An art gallery, canoe and boat rental, snowmobile or ORV clubhouse. At 4360 acres, Majestic Lake Michigamme is visible from this property with all of its recreational options. Boating, kayaking and canoeing, fishing, waterskiing, etc. With easy access to Trail 8 just up the road your ORV and Snowmobiling dreams become reality! How about mountain biking? The Iron Ore Heritage Trail is just up the road as well. Once on the IOHT you'll have access to the massive off-road bike trail system Marquette County is so famous for. This property has a large parking lot that's perfect for your recreational toys. How about a base camp for deer, bear or bird season? Let your imagination run wild!!! The possibilities are limitless. Come and check it out, you won't be disappointed. Taxes will change with purchase and are not $0. This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage, lot size and dimensions are approximate. Buyer must verify the information and bears all risk for inaccuracies.

Type:
Industrial
Sq.Ft.:
3,986
Status:
Active
Beds:
n/a
Lot size:
3.43 Acres
Year built:
1962
Baths:
MLS#:
50122250

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Michigamme Real Estate

The median home value in Michigamme, MI is $161,227. This is lower than the county median home value of $207,100. The national median home value is $338,100. The average price of homes sold in Michigamme, MI is $161,227. Approximately 36.68% of Michigamme homes are owned, compared to 3.06% rented, while 60.26% are vacant. Michigamme real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Michigamme real estate agent to arrange a tour today!

Michigamme, Michigan has a population of 200. Michigamme is less family-centric than the surrounding county with 16.95% of the households containing married families with children. The county average for households married with children is 26.28%.

The median household income in Michigamme, Michigan is $41,250. The median household income for the surrounding county is $57,981 compared to the national median of $69,021. The median age of people living in Michigamme is 55.7 years.

Michigamme Weather

The average high temperature in July is 76.6 degrees, with an average low temperature in January of 1.9 degrees. The average rainfall is approximately 33.2 inches per year, with 174.7 inches of snow per year.

Michigamme Real Estate Market Conditions

  • Median sales price

    $161,227
    23.1% change since last quarter
  • # Active listings

    20
    30-day change

Michigamme Schools and Demographics

Education near Michigamme, MI

Metric City County
High School Graduates 98.05 95.29
College Degree - 2 year 7.14 10.52
College Degree - 4 year 32.47 34.11
Graduate Degree 7.79 7.59
Expenditures per Student 12,275 12,275
Students per Teacher 16.5 16.5

Elementary Schools near Michigamme, MI

School Grades Students P/T Ratio ZIP
Aspen Ridge Elementary School PK - 08 830 15.9 49849
Birchview School PK - 04 300 14.8 49849
Lakeview School PK - 04 625 17 49866
Sullivan Elementary School KG - 05 269 15.3 49946

Middle Schools near Michigamme, MI

School Grades Students P/T Ratio ZIP
Ishpeming Middle School 05 - 08 244 20.6 49849
Negaunee Middle School 05 - 08 425 17.6 49866

High Schools near Michigamme, MI

School Grades Students P/T Ratio ZIP
Ishpeming High School 09 - 12 243 19.8 49849
L'Anse High School 06 - 12 388 19.4 49946
Negaunee High School 09 - 12 395 15.2 49866
Westwood High School 09 - 12 314 14.2 49849

Ungraded Schools near Michigamme, MI

School Grades Students P/T Ratio ZIP
* Ishpeming-Negaunee-Nice Comm. Ed. Division 07 - 12 48 16.6 49866
Republic-Michigamme School PK - 12 136 9.2 49879

Demographics near Michigamme, MI

Metric City County
Neighborhood Type Small town
Population 200 66,380
Population Density 84 37
Median Age 55.7 39.2
People per Household 2.2 2.4
Median Household Income 41,250 57,981
Average Income per Capita 25,294 29,939