28
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$425,000
Est. payment /mo
4,658 SqFt
Price Dropped by $100K
27672 US 41 Highway Michigamme, MI 49861
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,658 sqft
Price per Sqft $91
Subdivision Mi
MLS Listing ID 50194326
Year Built 1950
Annual Tax Amount $5,271
Tax Year 2025
Lot Size 1.380 Acres
Acres 1.38
Lot Dimensions 384x123x12x364x93x120
Property Sub-Type Business
Property Description
MICHIGAN HOSPITALITY DESTINATION! Set among the sparkling waters and forested beauty of Michigan'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 Bear's Paw — 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 — fishing boat, kayaks, canoes, and life jackets — encouraging guests to enjoy the best of Michigan's outdoor lifestyle right from the shore. - Also on site is a spacious two-bedroom, two-bath manager's residence complete with a full kitchen, dining room, and office space, offering comfort and flexibility for owner-operators or staff. Great tourist and snowmobile trade, make this a great place to own and operate. Surrounded by endless recreational possibilities — from fishing and boating to hundreds of miles of nearby ATV trails and abundant hunting lands — this rare Northern Michigan compound combines income potential with the peace and charm of lakefront living. Here, business and pleasure truly meet on the water's edge!
Location
State MI
County Baraga
Area Spurr Twp (07010)
Zoning Commercial
Interior
Heating Space Heater
Exterior
Parking Features 21+ Spaces, Parking Lot
Roof Type Shingles
Building
Lot Description Utilities Above Ground, Cleared
Foundation Crawl
Water Private Well
Structure Type Frame,Metal
Others
Ownership Private
SqFt Source Measured
Energy Description Electric,LP/Propane Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by GREAT LAKES & LAND OF MARQUETTE, INC.
NEARBY SCHOOL & BUSINESS
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