# 27672 US 41 Highway, Michigamme, MI 49861

> **TL;DR:** 10bd/10ba commercial, $425,000 ($91/sqft), 4,658 sqft. Est. $1,842/mo. Listed 199 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $425,000 |
| Price/sqft | $91 |
| Bedrooms | 10 |
| Bathrooms | 10 full |
| Square Feet | 4,658 |
| Lot Size | 60,113 sqft (1.38 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 199 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,842 |
| **Total** | **$1,842** |

## Property Highlights

- 1.38 acre lot

## Description

### Agent 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 retreat.  -  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.  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

- **Address:** 27672 US 41 Highway, Michigamme, MI 49861
- **Coordinates:** 46.552889, -88.211089
- **Google Maps:** https://www.google.com/maps?q=46.552889,-88.211089

## Listing Agent

- **Name:** Timothy Keohane
- **Brokerage:** Great Lakes & Land Real Estate
- **Phone:** 9062289312
- **Email:** tk@greatlakesandland.com

## Primary Photo

![27672 US 41 Highway - Primary Photo](http://lh.rdcpix.com/fe06f16c0ce2f49107d0bc016a2cd121l-f4208304265r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/27672-us-41-highway-michigamme-mi-49861-11628058)*

---

**MLS#:** 11628058 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/27672-us-41-highway-michigamme-mi-49861-11628058)

---

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