505 Rainbow Park Trail Mio, MI $ 650,000
505 Rainbow Park Trail
$ 650,000
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505 Rainbow Park Trail

Mio, MI, 48647
$ 650,000
Baths0.0

Monthly Estimate*

$ 4,104

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Studio

Multi-Family Home for sale in Mio, MI

for $650,000. This home 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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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Ranch

Lot Size

2.53

Year Built

1958

Town/City

Mio

County/Region

Oscoda

MLS | Web ID

80072061

Features
General
Heating Forced Air
Possession Negotiable (Possession)
Garage Detached Garage
Water Private Well
Appliances Range/Oven Refrigerator
Status Active Active
Year Built 1958
Parking Garage
Subdivision Rainbow Resort MI
Style Ranch
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Municipality Big Creek Twp
Section 10
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
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
School District Mio Au Sable Schools
Financial Terms Exchange/Trade
Legal Description see attached legal docs
DOM 6
Postal Code 48647
Public Remarks
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Exterior
Exterior Wood
Lot Size Area 2.53
Lot Dimensions see docs
Water Features River Frontage
Waterfront Y/N No
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Interior
Total Number of Units 8
Fuel Type Natural Gas
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* Excluded Features
List By
Marissa Spencer

Listing Agent

Berkshire Hathaway Homeservices - Tc

Broker

marissaspencer@bhhsmi.com

Email

Affordability Calculator

$4,104
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,104
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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
2515071 Elementary School
2515242 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2026$650,000 Listed Price

Map


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505 Rainbow Park Trail, Mio, MI, 48647 is a Multi-Family Home for sale at $650,000 with a lot size of 2.53. 505 Rainbow Park Trail is a studio with 0.0 baths and was built in 1958. The property's zip code is 48647 which is in Mio, MI