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255 Gratiot Street Copper Harbor, MI 49918
20,224 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 20,224 sqft
Price per Sqft $93
Subdivision Mi
MLS Listing ID 50175273
Year Built 1994
Tax Year 2024
Lot Size 1.650 Acres
Acres 1.65
Lot Dimensions 300x120
Property Sub-Type Commercial/Industrial
Property Description
Welcome to The Mariner North, Copper Harbor's flagship resort and the hospitality heartbeat of MI's northernmost community. Family-owned for 48 years, this iconic business is more than a property—it's a living legacy. Ideally located in the center of town with prime US-41 frontage and just steps from Lake Superior, Mariner North is the only year-round resort in Copper Harbor, drawing guests from all lower 48 states and beyond. From snowmobilers and mountain bikers to artists and motorcyclists (as featured in HOG Magazine), it's a top destination in one of the Midwest's most scenic adventure hubs. Inside, guests are welcomed by a 35-ft cathedral ceiling, a Great Lakes-themed restaurant and bar with seating for 150, a lounge area, and an upper loft that adds warmth and intimacy. The event includes a built-in salad bar, electric buffet stations, ladder-back chairs, a fireplace, and is wrapped with 3 sides of windows. The main restaurant seats 150 guests at hardwood tables highlighted by a signature bird's-eye maple bar. Two indoor decks are also unused, offering additional income potential i.e. apparel and branding items to sell. The kitchen is built for volume and consistency. Lodging includes 18 units built in 1997 and 2001, with a total of 46 beds. The five 2-bed, 2 story log cabins (900 sq ft each) feature full kitchens, living areas, hideaway beds, in-floor heat, and front boardwalk entrances that sleep up to 6 people. Two motels include: a four-unit, single-level with rooms offering two queen beds, wet bars, fridges, and oversized whirlpool tubs; and a nine-unit, two-story with 8 balcony rooms and a spacious Honeymoon Suite. Across all lodging, whirlpools and in-floor heating enhance guest comfort. The property also includes a MI Class C liquor license (beer, wine, and liquor), Sunday Sales, Entertainment Designation, take-out beer/wine license, and an outdoor service designation license for 2 areas surrounding the restaurant. Staff housing is located in a separate apartment building (sold separately) just down the street, MLS #50175275. Outdoor rec drives steady year-round business: Copper Harbor is an internationally known mountain biking destination (IMBA Silver Ride Center), and 14 mi away is Mt. Bohemia—home to the Midwest's most extreme skiing. In winter, Mariner provides central access to 250+ mi of groomed snowmobile trails (the state's largest system). Fall colors attract thousands of leaf-peepers, while Isle Royale Queen IV Ferry, Fort Wilkins State Park, and a nearby deep water State Marina boost seasonal appeal. A public park across the street enhances walkability. With year-over-year growth, national exposure, and untapped event/dining potential, Mariner North is not just a business—it's the soul of Copper Harbor.
Location
State MI
County Keweenaw
Area Grant Twp (42006)
Zoning Commercial
Interior
Heating Hot Water
Cooling Ceiling Fan(s)
Exterior
Parking Features On Site, Parking Lot
Roof Type Tile
Building
Foundation Basement
Water Public Water
Structure Type Cedar,Frame,Wood
Others
Ownership LLC
SqFt Source Other (SourceSqft)
Energy Description Electric,LP/Propane Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY