16878 County Road 505 Road, Newberry, MI 49868

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Place Perfect Realty

homes@placeperfect.com +1(920) 956-9061

$ 1,600,000

Est. payment | -/mo

7,340 SqFt

Save

$ 1,600,000

Est. payment | -/mo

Save

7,340 SqFt

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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by RE/MAX SUPERIORLAND

"Professional service to our clients & customers is our #1 priority. With offices in Marinette, Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

16878 County Road 505 Road Newberry, MI 49868