Michigamme MI Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
5,094
Status:
Active
MLS#:
50196785
Type:
Industrial
Lot size:
160 Acres
Year built:
2012
Courtesy: RE/MAX 1ST REALTY 906-225-1136
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ADDITIONAL INFORMATION

Built in 2012, this exceptional lodge-style property is set on approximately 160 acres along the West Branch of the Pesheeke River, offering a rare combination of privacy, recreation, and income potential. Located roughly 35 miles from Marquette, the setting delivers true Upper Peninsula seclusion with convenient access to outdoor adventure in every season. The lodge features five bedrooms, three bathrooms, and a spacious open living area designed to accommodate large groups comfortably. Currently operating as a successful VRBO, the home can sleep up to 22 guests, making it well-suited for continued short-term rental use or private retreat ownership. Outdoor amenities are a highlight, including an on-site sauna and an expansive deck built partially over the riverâ??an ideal spot to relax to the sound of flowing water or gather around a riverside fire while taking in the surrounding nature. Direct trail access allows snowmobiling and ATV riding straight from the property, with endless opportunities nearby for hiking, biking, fishing, and exploring. The property is also located just a short distance from the McCormick Tract Wilderness, further enhancing its recreational appeal. Whether you are seeking a turn-key rental investment, a corporate or family retreat, or a legacy recreational property, this riverfront lodge offers a unique opportunity in one of Michiganâ??s most sought-after outdoor regions.

Beds:
n/a
Baths:
Sq.Ft.:
4,658
Status:
Active
MLS#:
50194326
Type:
Business Opportunities
Lot size:
1.38 Acres
Year built:
1950
Courtesy: GREAT LAKES & LAND OF MARQUETTE, INC. 906-228-9312
View additional info

ADDITIONAL INFORMATION

MICHIGAN HOSPITALITY DESTINATION! Set among the sparkling waters and forested beauty of Michiganâ??s Upper Peninsula, this exceptional property presents a rare chance to own a thriving lakeside business and lifestyle retreat in one package. - Overlooking 350 feet of scenic frontage between Ruth Lake and George Lake, in Spurr Township's Three Lakes Region, the property is home to The Bearâ??s Paw â?? a well-established 10-bedroom, 10-bath resort and motel that has long welcomed vacationers, hunters, and travelers seeking the authentic Northwoods experience. - The lodge offers more than 3,100 square feet of warm, inviting space featuring pine finishes, comfortable guest suites, and recent updates throughout. Modern touches include remodeled baths, LED televisions, multiple refrigerators, air-conditioning units, and quality bedding. - A private dock and four outbuildings provide ample room for storage and recreation, which may include watercraft and outdoor gear â?? fishing boat, kayaks, canoes, and life jackets â?? encouraging guests to enjoy the best of Michiganâ??s outdoor lifestyle right from the shore. - Also on site is a spacious two-bedroom, two-bath managerâ??s residence complete with a full kitchen, dining room, and office space, offering comfort and flexibility for owner-operators or staff. - Enhancing the guest experience, The Bearâ??s Den bar is included in the sale and also currently open to the public, providing a welcoming spot for good food, drinks, and conversation after a day on the lake or trail. - Set on the Highway 41 thoroughfare this Bar/Restaurant has the only liquor license in Baraga County's Spurr Township! There is a groomed snowmobile trail to the front door so there is great tourist, snowmobile and local trade. Food and drinks are available, as well as Take Out. There is plenty of room to expand the existing building. The current Serving Area is 14x22, the Bar Area is 10x14, the Kitchen area is 10x19, the Men's Bathroom is 5x10 and the Women's Bathroom is 7x10. The well and septic system would support a larger seating capacity. The partially wooded 4.13 acre property with high visibility highway fwooded 4.13 acre property with high visibility highway frontage, and with commercial/industrial zoning, there would be the ability to expand services by building seasonal Rental Cabins, an RV Park, etc. The restaurant/tavern is within walking distance of three motels. Great tourist and snowmobile trade, along with ever loyal locals make this a great make this a great place to own and operate. The Licenses and Permits Include: Class C, SDM, Sunday Sales, Food, Dance, Take Out and Lottery (Keno and Mega Millions). - Surrounded by endless recreational possibilities â?? from fishing and boating to hundreds of miles of nearby ATV trails and abundant hunting lands â?? this rare Northern Michigan compound combines income potential with the peace and charm of lakefront living. Here, business and pleasure truly meet on the waterâ??s edge!

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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 2026 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 2026 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

Michigamme is located in Michigan. 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 Map

Michigamme Real Estate Market Conditions

  • Median sales price

    $170,800
    23.1%
    change since last quarter
  • # Active listings

    13
    30-day change

Michigamme Schools and Demographics

Education near Michigamme, MI

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

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

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

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

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

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

Real estate near Michigamme