16878 County Road 505 Newberry, MI ^$ 1,595,000

16878 County Road 505

^$ 1,595,000

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Recently Listed

16878 County Road 505

Newberry, MI, 49868

^$ 1,595,000

Bedrooms-- Baths10.0

Monthly Estimate*

^$ 10,071

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Commercial Property for sale in Newberry, MI

for $1,595,000 with 10 full baths. This building was built in 1970 on a lot size of 25.

Halfway Lake Cottages is a turnkey waterfront resort on approximately 25 acres with nearly 1,700 feet of frontage on private Halfway Lake. The property includes eight rental cabins, a guest house, owner's residence, garage, and pole barn. Located in Michigan's eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems, this established business offers income potential, recreational access, and a private Northwoods setting.

Commercial Active

Price

^$ 1,595,000

Full Bath

Property Type

Commercial

Taxes

^$ 8,000

Style

Business

Lot Size

Year Built

1970

Town/City

Newberry

County/Region

Luce

MLS | Web ID

26036793

Features

Interior

Interior Amenities Broadband

Total Stories 1600

Basement (Y/N) Y

Heating Y/N Y

Total Baths 10

General

Sewer Septic Tank

Heating Baseboard Forced Air

Utilities Phone Connected Electricity Connected Propane

Possession Negotiable

Roof Composition Metal

Construction Materials Wood Siding

Year Built 1970

Township McMillan Twp

Property Subtype Business

Tax Year 2025

Ownership Private Owned

Business Type Other Recreation

Waterfront Features Lake

County Luce

New Construction N

Property Type Commercial Sale

Building Features Multi User Facility

Full Baths 0

Status Active

City Newberry

High School District Newberry

Zoning Description CBA

Number Of Units Total 9

Lot Size Units Acres

Lot Size Square Feet 1089000.0

Listing Terms Conventional Cash

Land Lease Y/N N

Tax Annual Amount 8000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 90387

Ownership Type LLC

Legal Description Complete legal description on file.

Senior Community None

Exterior

Water Source Well

Inclusions Real Estate Inventory Furniture Equipment

Lot Size Area 25.0

Foundation Details Block

Number of Buildings 11

Spa N

Building Area Total 7600.0

Lot Dimensions irregular

Lot Size Acres 25.0

Road Surface Type Paved

Waterfront Y/N Y

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Dock True

Private Frontage True

Internal Only

Street Number 1 16878

* Excluded Features

List By

Hayden Outdoors

Broker

kdoyle@haydenoutdoors.com

Affordability Calculator

$10,738

Per Month

Monthly Principal & Interest: $10,071
Monthly Property Taxes: $667
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Newberry, MI

Average List Price ^$536,940

Percent of Sale Price 66%

About Newberry, MI

1,497 Population

-44% Since 2002

^$30,477 Median Income

41.07 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5521026 Elementary School

5521027 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2026	$1,595,000		Listed Price

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16878 County Road 505, Newberry, MI, 49868 is a Commercial Property for sale at $1,595,000 with a lot size of 25. 16878 County Road 505 has 10.0 baths and was built in 1970. The property's zip code is 49868 which is in Newberry, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 7/18/2026.

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16878 County Road 505

Commercial Property for sale in Newberry, MI

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