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$ 1,600,000
Est. payment /mo
Active
16878 County Road 505 Road Newberry, MI 49868
7,340 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 7,340 sqft
Price per Sqft $217
Subdivision Mi
MLS Listing ID 50178874
Year Built 1952
Lot Size 18.240 Acres
Acres 18.24
Lot Dimensions irregular
Property Sub-Type Business
Property Description
Here's your chance to own a well-established resort on the shores of Halfway Lake, just 20 minutes north of Newberry. This turn-key business includes eight rental cabins (one is a duplex), a spacious guest house, and a three-bedroom, two-bath owner's residence with beautiful lake views from nearly every building on the property. Halfway Lake is a private, no-motor lake, perfect for paddling, fishing, and relaxing. Guests have access to canoes, kayaks, and boats, as well as two docks, a launch area, and a swim-friendly shoreline with Approximately 1,700 feet of shoreline frontage. It's a peaceful escape that attracts snowmobilers, UTV/ORV riders, fishermen, and travelers exploring the area's many attractions, including nearby Tahquamenon Falls. Each two-bedroom cabin features a kitchen, bathroom, and comfortable living area, offering guests a cozy retreat in a quiet, natural setting. The guest house provides additional space for rentals, visiting friends, or extended family. Also included are a detached garage and a large pole barn for storage or maintenance needs. The current owners have welcomed returning guests for years, maintaining the property with care. Whether you're looking for a lifestyle change or a smart investment, this resort is ready for new ownership. Don't miss this unique opportunity to run your own business while enjoying lakefront living in Michigan's Upper Peninsula.
Location
State MI
County Luce
Area Mcmillan Twp (48003)
Zoning Mixed Use
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Central A/C
Exterior
Roof Type Metal,Shingles
Building
Foundation Basement, Crawl
Water Drilled Well
Structure Type Log,Metal,Wood
Others
Ownership LLC
SqFt Source CubiCasa
Energy Description LP/Propane Gas,Wood
Financing Cash,Commercial Loan,Conventional,Conventional Blend
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX SUPERIORLAND