27837 US 41 Highway
Michigamme, MI, 49861 $ 548,000
Bedrooms-- Baths-- Sq 3,908 Monthly Estimate*
$ 3,460
for $548,000. This 3,908 square foot building was built in 1962 on a lot size of 3.43.
Three Lakes Motel is located in south-eastern Baraga County, on US 41 in the Three Lakes area of Michiganâs Upper Peninsula, a four seasons playground. This opportunity allows you to live, work and play without leaving home. There are many lakes nearby, including George, Beaufort, Michigamme, and Ruth within 5 miles. Several of these lakes provide public access for fishing, swimming, boating and canoeing. There are several state parks, trail systems, and waterfall viewing areas within 30 minutes of the location, all shared on their beautiful website. These include Craig Lake State Park, Van Riper State Park, McCormick Trails, Canyon Falls and has direct access to Trail #8(snowmobile trail). The motel was built in 1962 & is situated on just under 4 acres. It includes ten guest rooms, and a caretakerâs residence with office adjoined. The motel office has a continental breakfast area with seating & a small gift shop with unique U.P. items. The caretakerâs unit is a completely renovated two-bedroom, one bath residence in the middle of the motel with a 1/2 basement. The Motel was recently updated w/all energy efficient double pane vinyl frame windows, two hot water heaters were added to accommodate for demand, and the rear of the motel has been insulated and re-sided. The guest rooms have been updated with insulation, drywall, flooring, furniture, and shower surrounds. The rooms also have a 42" TV, microwave and mini refrigerator. There is ample storage between the detached garage, pole building, workshop and shed. There will be plenty of room for vehicles, lawn care & snow removal equipment. The circle drive in front of the motel can accommodate parking space for cars, large vehicles, campers, trailers and boats. The backyard is beautifully set up with a fire pit as the focal point. The possibilities are endless, you could add a gazebo, tents for large gatherings, as well as an outdoor game area. Please see motel reviews on Google, and Facebook.
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FeaturesGeneralHeating Boiler
Zoning Commercial Commercial
Water Private Well
Status Active Active
Year Built 1962
County Baraga
Class COM/IND/BUS OPP
Type Business
Business Name Three Lakes Motel
Ownership LLC
Municipality Spurr Twp
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Electric Available
Area Spurr Twp (07010)
Primary City Michigamme
Directions From Marquette take US 41 West approximately 40 miles to Property on your right just before Ruth Lake Road.
City Michigamme
Financial Terms Cash Commercial Loan
Legal Description See Exhibit A in Associated Documents
DOM 6
Postal Code 49861
Price Per Sq Ft Total AG 140.23
Public Remarks Three Lakes Motel is located in south-eastern Baraga County on US 41 in the Three Lakes area of Michiganâs Upper Peninsula a four seasons playground. This opportunity allows you to live
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ExteriorFrontage 530
Lot Size Area 3.43
Lot Dimensions 530x395x675
Water Features None
Roads Class A U.S. Highway
Waterfront Y/N No
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InteriorCeiling Height Less than 16 Ft.
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* Excluded FeaturesList ByDONALD WEAVERListing Agent
Great Lakes & Land Of Marquette, Inc.Broker
don@greatlakesandland.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,460
- 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 Michigamme, MI
Average List Price $486,500
Percent of Sale Price 11%
About Michigamme, MI 281 Population
23% Since 2002
$ 50,083 Median Income
55.68 Median Age
15% 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 |
|---|
| 8/20/2026 | $548,000 | | Listed Price |