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Jenn Smart

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27672 Us 41 , Michigamme, MI 49861
$425,000
Est. Payment: $2,214.73/mo
0 Bed
0 Bath
4658 Sqft
Status: active | Days on site: 256
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

MICHIGAN HOSPITALITY DESTINATION! Set among the sparkling waters and forested beauty of Michigan’s 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 Bear’s Paw — 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 — fishing boat, kayaks, canoes, and life jackets — encouraging guests to enjoy the best of Michigan’s outdoor lifestyle right from the shore. - Also on site is a spacious two-bedroom, two-bath manager’s residence complete with a full kitchen, dining room, and office space, offering comfort and flexibility for owner-operators or staff. Great tourist and snowmobile trade, make this a great place to own and operate. Surrounded by endless recreational possibilities — from fishing and boating to hundreds of miles of nearby ATV trails and abundant hunting lands — this rare Northern Michigan compound combines income potential with the peace and charm of lakefront living. Here, business and pleasure truly meet on the water’s edge!

Highlights

Listed by TIM KEOHANE , 906-228-9312 and LINDA KEOHANE , 906-250-9810 GREAT LAKES & LAND OF MARQUETTE, INC. , 906-228-9312. MiRealSource, Inc. mls logo

Property Type

Business Opportunity

Lot/Acreage
1.38

Year Built

1950

County

Baraga

Area

Spurr Twp (07010)

Listing ID

50194326

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:4658
Water:Private Well

Exterior Features

Lot:Utilities Above Ground,Cleared
Lot Dimensions:384x123x12x364x93x120
Zoning:Commercial
Roof:Shingles
Others:
  • Additional:Security Lighting
Sewer:Septic
Parking Features:21+ Spaces,Parking Lot
Principal Interest
$2,215
Taxes
$439

Home Price

$425,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$85,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,214.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,214.73 $439.29 $0.00 $2,654.02
Yearly $26,576.81 $5,271.44 $0.00 $31,848.25
Total $797,304.28 $158,143.20 $0.00 $955,447.48
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Data last updated: 2026-09-02T04:57:55.100Z

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