About This Home

This 0-bedroom, 0-bathroom commercial at 27837 US 41 Highway in Michigamme, MI is listed for $548,000 ($140 per sqft). Built in 1962, the home offers 3,908 sqft of living space on a 3.43 acres lot.

Key Features

  • Built in 1962
  • 3.43 acre lot

Property Details

1962
Listing Description

Three Lakes Motel is located in south-eastern Baraga County, on US 41 in the Three Lakes area of Michigan's Upper Peninsula, a four seasons playground. This opportunity allows you to live, work and play without leaving home. There are many lakes nearby, including George, Beaufort, Michigamme, and Ruth within 5 miles.

Several of these lakes provide public access for fishing, swimming, boating and canoeing. There are several state parks, trail systems, and waterfall viewing areas within 30 minutes of the location, all shared on their beautiful website. These include Craig Lake State Park, Van Riper State Park, McCormick Trails, Canyon Falls and has direct access to Trail #8(snowmobile trail).

The motel was built in 1962 & is situated on just under 4 acres. It includes ten guest rooms, and a caretaker's residence with office adjoined. The motel office has a continental breakfast area with seating & a small gift shop with unique U.P. items. The caretaker's unit is a completely renovated two-bedroom, one bath residence in the middle of the motel with a 1/2 basement.

The Motel was recently updated w/all energy efficient double pane vinyl frame windows, two hot water heaters were added to accommodate for demand, and the rear of the motel has been insulated and re-sided. The guest rooms have been updated with insulation, drywall, flooring, furniture, and shower surrounds.

The rooms also have a 42" TV, microwave and mini refrigerator. There is ample storage between the detached garage, pole building, workshop and shed. There will be plenty of room for vehicles, lawn care & snow removal equipment. The circle drive in front of the motel can accommodate parking space for cars, large vehicles, campers, trailers and boats.

The backyard is beautifully set up with a fire pit as the focal point. The possibilities are endless, you could add a gazebo, tents for large gatherings, as well as an outdoor game area. Please see motel reviews on Google, and Facebook.

Monthly Cost Estimate

$2,931/mo

20% down · 6.5% · 30 years

Principal$396
Interest$2,375
Insurance$160

Estimates only. Actual payments may vary.

Location

27837 US 41 Highway

Michigamme, MI 49861

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 27837 US 41 Highway is listed at $548,000 ($140/sqft). The estimated monthly payment is $2,931 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962, 3.43 acre lot.

This property is listed by DONALD WEAVER.

DW

DONALD WEAVER

Agent at Great Lakes and Land Real Estate Co., Inc. of Marquette

Listed by Great Lakes and Land Real Estate Co., Inc. of Marquette · Broker phone: (906) 228-9312 · Broker website

MLS# 50219203· Source: Upper Peninsula Association of Realtors· 71 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

27837 US 41 Highway, Michigamme, MI 49861

Open this listing in: