27672 - 27819 US 41 Highway # Two Commercial Properties
Michigamme, MI, 49861 $ 525,000
Bedrooms-- Baths-- Sq 4,658 Monthly Estimate*
$ 3,233
for $525,000. This 4,658 square foot building was built in 1950 on a lot size of 1.38.
MICHIGAN HOSPITALITY DESTINATION! Set among the sparkling waters and forested beauty of Michiganâs Upper Peninsula, this exceptional property presents a rare chance to own a thriving lakeside business and lifestyle retreat in one package. - Overlooking 350 feet of scenic frontage between Ruth Lake and George Lake, in Spurr Township's Three Lakes Region, the property is home to The Bearâs Paw â a well-established 10-bedroom, 10-bath resort and motel that has long welcomed vacationers, hunters, and travelers seeking the authentic Northwoods experience. - The lodge offers more than 3,100 square feet of warm, inviting space featuring pine finishes, comfortable guest suites, and recent updates throughout. Modern touches include remodeled baths, LED televisions, multiple refrigerators, air-conditioning units, and quality bedding. - A private dock and four outbuildings provide ample room for storage and recreation, which may include watercraft and outdoor gear â fishing boat, kayaks, canoes, and life jackets â encouraging guests to enjoy the best of Michiganâs outdoor lifestyle right from the shore. - Also on site is a spacious two-bedroom, two-bath managerâs residence complete with a full kitchen, dining room, and office space, offering comfort and flexibility for owner-operators or staff. - Enhancing the guest experience, The Bearâs Den bar is included in the sale and also currently open to the public, providing a welcoming spot for good food, drinks, and conversation after a day on the lake or trail. - Set on the Highway 41 thoroughfare this Bar/Restaurant has the only liquor license in Baraga County's Spurr Township! There is a groomed snowmobile trail to the front door so there is great tourist, snowmobile and local trade. Food and drinks are available, as well as Take Out. There is plenty of room to expand the existing building. The current Serving Area is 14x22, the Bar Area is 10x14, the Kitchen area is 10x19, the Men's Bathroom is 5x10 and the Women's Bathroom is 7x10. The well and septic system would support a larger seating capacity. The partially wooded 4.13 acre property with high visibility highway fwooded 4.13 acre property with high visibility highway frontage, and with commercial/industrial zoning, there would be the ability to expand services by building seasonal Rental Cabins, an RV Park, etc. The restaurant/tavern is within walking distance of three motels. Great tourist and snowmobile trade, along with ever loyal locals make this a great make this a great place to own and operate. The Licenses and Permits Include: Class C, SDM, Sunday Sales, Food, Dance, Take Out and Lottery (Keno and Mega Millions). - Surrounded by endless recreational possibilities â from fishing and boating to hundreds of miles of nearby ATV trails and abundant hunting lands â this rare Northern Michigan compound combines income potential with the peace and charm of lakefront living. Here, business and pleasure truly meet on the waterâs edge!
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FeaturesGeneralHeating Space Heater
Cooling Ceiling Fan(s)
Roof Shingles
Zoning Waterfront Commercial
Water Private Well
Status Active Active
Year Built 1950
Parking 21+ Spaces Parking Lot
Water Heater Electric Propane Hot Water
County Baraga
Township Spurr Township
Class COM/IND/BUS OPP
Type Business
Business Type Motel/Resort/Restr/Tavern
Ownership Private
Municipality Spurr Twp
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Flood Insurance Unknown
Commercial Features 110 Volt Power 220 Volt Power Additional Bldg(s) Cable Internet Installed Cable TV Available Cafe/Kitchen Carpet Ceramic Floor Concrete Floor Internet Available Delivery Door
Area Spurr Twp (07010)
Primary City Michigamme
Location Main Street Rural
Directions From the Marquette Intersection of West Washington Street and Lincoln Avenue continue west about .8 miles to the west
City Michigamme
Financial Terms Cash Commercial Loan
Legal Description 005-067-060-00 Sp 17 8/1 Gl6 B2&Gl7 A2 Sec 17 T48 N R31 W Prt Of Gov't Lots 6 & 7 Com 883.9' E Of Nw Cor Of Lot 6 Th N 9 Deg 48 M W 120.25' To S Ln Of Hwy Us 41 Th Ely Alg R/W Ln 384.8'
DOM 69
Postal Code 49861
Price Per Sq Ft Total AG 112.71
Public Remarks MICHIGAN HOSPITALITY DESTINATION! Set among the sparkling waters and forested beauty of Michiganâs Upper Peninsula
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ExteriorExterior Frame Metal
Exterior Amenities Security Lighting
Frontage 350
Body of Water Lk Ruth/Lk George Channel
Flood Plan Unknown
Lot Size Area 1.38
Lot Dimensions 384x123x12x364x93x120
Lot Description Utilities Above Ground Cleared
Water Features Dock/Pier Facility Boat Facility Canal Frontage Water View Waterfront Interior Lake
Roads U.S. Highway Year Round
Waterfront Y/N Yes
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InteriorCeiling Height Less than 16 Ft.
Fuel Type Electric LP/Propane Gas
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* Excluded FeaturesList ByGreat Lakes & Land Of Marquette, Inc.Broker
timandlinda@greatlakesandland.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,233
- Monthly Property Taxes
- $439
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $887,500
Percent of Sale Price 69%
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 |
|---|
| 11/14/2025 | $525,000 | | Listed Price |