505 Rainbow Park Trail
Mio, MI, 48647 $ 650,000
Bedrooms-- Baths-- Sq 11,000 Monthly Estimate*
$ 4,104
for $650,000. This 11,000 square foot building was built in 1958 on a lot size of 2.53.
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 equipmentââ¬âincluding multiple 15-passenger shuttle vans, trailers, tractors, mowers, golf cart, and maintenance equipmentââ¬âis 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 www.rainbowresortmio.com for more information
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FeaturesGeneralHeating Forced Air
Possession Negotiable (Possession)
Roof Asphalt
Water Private Well
Status Active Active
Year Built 1958
Subdivision Rainbow Resort MI
County Oscoda
Class COM/IND/BUS OPP
Type Business
Business Name Rainbow Resort
Ownership Private
Municipality Big Creek Twp
Section 10
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features Outbuilding(s)
Area Big Creek Twp (68001)
Primary City Mio
Directions M-72 west from Mio 4.5 miles to Camp 10 Rd north 2.5 miles to property on right (505 Rainbow Park Trail / 731 Camp 10 Rd)
City Mio
Financial Terms Cash Commercial Loan Exchange/Trade
Legal Description see attached
DOM 6
Postal Code 48647
Price Per Sq Ft Total AG 59.09
Public Remarks
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ExteriorExterior Log Wood
Lot Size Area 2.53
Lot Dimensions see attached
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InteriorFuel Type Natural Gas Other
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* Excluded FeaturesList ByMarissa SpencerListing Agent
Berkshire Hathaway Homeservices - TcBroker
marissaspencer@bhhsmi.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,104
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Mio, MI
Average List Price $425,000
Percent of Sale Price 35%
About Mio, MI 1,971 Population
-2% Since 2002
$ 32,809 Median Income
49.05 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/7/2026 | $650,000 | | Listed Price |