# 505 Rainbow Park Trail, Mio, MI 48647 > **TL;DR:** single family, $650,000 ($59/sqft), built 1958, 11,000 sqft. Est. $3,477/mo. Listed 50 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $650,000 | | Price/sqft | $59 | | Square Feet | 11,000 | | Year Built | 1958 | | Lot Size | 110,207 sqft (2.53 acres) | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 50 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,287 | | Estimated Insurance | $190 | | **Total** | **$3,477** | ## Property Highlights - Built in 1958 - 2.53 acre lot ## Description ### Agent 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 ## Location - **Address:** 505 Rainbow Park Trail, Mio, MI 48647 - **County:** Oscoda - **Coordinates:** 44.666701, -84.188558 - **Google Maps:** https://www.google.com/maps?q=44.666701,-84.188558 ## Listing Agent - **Name:** Marissa Spencer - **Brokerage:** BHHS Michigan Real Estate - **Phone:** (231) 632-5105 - **Broker Phone:** (231) 632-5105 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/505-Rainbow-Park-Trl_Mio_MI_48647_M98017-87390?f=listhub&s=TAAR&m=1949019&c=propsimple) ## Photos ![505 Rainbow Park Trail - Photo 1](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f2377445225r.jpg) ![505 Rainbow Park Trail - Photo 2](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f3891281125r.jpg) ![505 Rainbow Park Trail - Photo 3](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f2423071845r.jpg) ![505 Rainbow Park Trail - Photo 4](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f2377019920r.jpg) ![505 Rainbow Park Trail - Photo 5](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f2338982953r.jpg) ![505 Rainbow Park Trail - Photo 6](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f610708313r.jpg) ![505 Rainbow Park Trail - Photo 7](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f2426174542r.jpg) ![505 Rainbow Park Trail - Photo 8](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f2893784950r.jpg) ![505 Rainbow Park Trail - Photo 9](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f3698241479r.jpg) ![505 Rainbow Park Trail - Photo 10](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f1349367193r.jpg) ![505 Rainbow Park Trail - Photo 11](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f4034280121r.jpg) ![505 Rainbow Park Trail - Photo 12](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f2020867961r.jpg) ![505 Rainbow Park Trail - Photo 13](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f3988037292r.jpg) ![505 Rainbow Park Trail - Photo 14](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f359788279r.jpg) ![505 Rainbow Park Trail - Photo 15](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f3621845297r.jpg) ![505 Rainbow Park Trail - Photo 16](http://lh.rdcpix.com/747746c30b8375beb866db2d7cc86325l-f1811852425r.jpg) --- **MLS#:** 1949019 | **Updated:** 2026-09-25 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/505-rainbow-park-trail-mio-mi-48647-1949019) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/505-rainbow-park-trail-mio-mi-48647-1949019#listing", "url": "https://www.propertysimple.ai/listing/505-rainbow-park-trail-mio-mi-48647-1949019", "name": "505 Rainbow Park Trail, Mio, MI 48647", "description": "Turnkey Northern Michigan Resort & Canoe Livery! Rare opportunity to own an established hospitality and outdoor recreation business in the heart of Northern Michigan. 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