About This Home

This 0-bedroom, 0-bathroom commercial at 505 Rainbow Park Trail in Mio, MI is listed for $650,000 ($59 per sqft). the home offers 11,000 sqft of living space on a 2.53 acres lot.

Key Features

  • 2.53 acre lot
Listing Description

Turnkey Northern Michigan Resort & Canoe Livery! Rare opportunity to own an established hospitality and outdoor recreation business in the heart of Northern Michigan. Rainbow Resort & Canoe Livery includes seven fully furnished rental cabins, a 3-bedroom, 2-bath owner's residence with basement, retail store/check-in office, pole barn, maintenance building, and approximately 2.53 acres across three contiguous parcels.

The successful business features an established canoe, kayak, and tube livery with shuttle fleet, river landing lease through Consumers Energy, and Michigan DNR Commercial River Use Permit. Extensive equipment-including multiple 15-passenger shuttle vans, trailers, tractors, mowers, golf cart, and maintenance equipment-is included, making this a truly turnkey operation.

Current ownership has completed numerous capital improvements, including cabin and residence renovations, store updates, new furnishings, landscaping, signage, fire pits, grills, kayaks, tubes, and more. With a loyal repeat customer base, established online presence, and outstanding opportunities to expand direct bookings, group events, retail sales, and outdoor recreation packages, this is an exceptional investment in one of Michigan's premier vacation destinations. visit for more information

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

505 Rainbow Park Trail

Mio, MI 48647

Features & Amenities

Exterior Features

Log SidingWood

Property Details

Construction

2x6 Framing

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 505 Rainbow Park Trail is listed at $650,000 ($59/sqft). The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2.53 acre lot. Exterior Features: Log Siding, Wood.

This property is listed by Marissa Spencer and can be reached at (231) 632-5105.

MS

Marissa Spencer

Agent at BHHS Michigan Real Estate

(231) 632-5105

Listed by BHHS Michigan Real Estate · Broker phone: (231) 632-5105 · View on Broker Site

MLS# 1949018· Source: Northern Great Lakes Realtors MLS· 48 days on PropertySimple

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

505 Rainbow Park Trail, Mio, MI 48647

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