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 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 www.rainbowresortmio.com for more information
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FeaturesGeneralSewer Private Sewer
Heating Forced Air Natural Gas
Possession Negotiable
Roof Asphalt
Construction Materials 2x6 Framing Log Siding Wood Siding
Year Built 1958
Township Big Creek
Property Subtype Hospitality
Business Type Retail Recreation
Accessibility None
Assoc Fee Paid Per Annually
Business Name Rainbow Resort
County Oscoda
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Other Not Applicable
Subdivision Name Rainbow Resort
Garage Y/N N
Green Water Conservation Not Applicable
Other Structures Additional Buildings
Rent Includes Other
Status Active
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
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 110206.8
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 89500
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description see attached
Freehold IDX
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ExteriorParking Features Common
Water Source Private
Lot Size Area 2.53
Foundation Details Slab
Spa N
Lot Size Acres 2.53
Other Parking Common
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices - TcBroker
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.
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/7/2026 | $650,000 | | Listed Price |