16878 County Road 505 Newberry, MI ^$ 1,595,000

16878 County Road 505

^$ 1,595,000

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Recently Listed

16878 County Road 505

Newberry, MI, 49868

^$ 1,595,000

Bedrooms-- Baths-- Sq 7,600

Monthly Estimate*

^$ 10,071

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Commercial Property for sale in Newberry, MI

for $1,595,000. This 7,600 square foot building was built in 1970 on a lot size of 25.

Halfway Lake Cottages is a turnkey waterfront resort on approximately 25 acres with nearly 1,700 feet of frontage on private Halfway Lake. The property includes eight rental cabins, a guest house, owner's residence, garage, and pole barn. Located in Michigan's eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems, this established business offers income potential, recreational access, and a private Northwoods setting.

Commercial Active

Price

^$ 1,595,000

Property Type

Commercial

Taxes

^$ 8,000

Style

Business

Lot Size

Year Built

1970

Town/City

Newberry

County/Region

Luce

MLS | Web ID

70546462

Features

General

Heating Baseboard Forced Air

Roof Composite Metal

Status Active Active

Year Built 1970

County Luce

Class COM/IND/BUS OPP

Type Business

Ownership LLC

Municipality McMillan Twp

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Furniture

Area McMillan Twp (48003)

Primary City Newberry

City Newberry

Financial Terms Cash Conventional

Legal Description Complete legal description on file.

DOM 4

Postal Code 49868

Price Per Sq Ft Total AG 209.87

Public Remarks Halfway Lake Cottages is a turnkey waterfront resort on approximately 25 acres with nearly 1 700 feet of frontage on private Halfway Lake. The property includes eight rental cabins a guest house

Exterior

Exterior Frame Wood

Frontage 793

Lot Size Area 25

Lot Dimensions irregular

Water Features Dock/Pier Facility Lake/River Access

Roads Paved Street

Waterfront Y/N Yes

Interior

Fuel Type LP/Propane Gas Wood

* Excluded Features

List By

Kevin Doyle

Listing Agent

Hayden Outdoors

Broker

kdoyle@haydenoutdoors.com

Affordability Calculator

$10,738

Per Month

Monthly Principal & Interest: $10,071
Monthly Property Taxes: $667
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Newberry, MI

Average List Price ^$803,529

Percent of Sale Price 50%

About Newberry, MI

1,497 Population

-44% Since 2002

^$30,477 Median Income

41.07 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2026	$1,595,000		Listed Price

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16878 County Road 505, Newberry, MI, 49868 is a Commercial Property for sale at $1,595,000 with 7,600 sqft and a lot size of 25. 16878 County Road 505 was built in 1970. The property's zip code is 49868 which is in Newberry, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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16878 County Road 505

Commercial Property for sale in Newberry, MI

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