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Jenn Smart

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505 Rainbow Park , Mio, MI 48647
$650,000
Est. Payment: $3,387.24/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

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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Highlights

Listed by Marissa Spencer , and Kenneth Weaver , 231-668-6303 Berkshire Hathaway Homeservices - TC , 231-947-7777. MiRealSource, Inc. mls logo

Property Type

Multi-Family
Lot/Acreage
2.53

Year Built

1958

Area

Big Creek Twp (68001)

 Neighborhood

Rainbow Resort

 School District

Mio Au Sable Schools

Listing ID

80072061

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Range/Oven, Refrigerator
Water:Private Well

Exterior Features

Lot Dimensions:see docs
Zoning:Commercial
Sewer:Septic
Parking Features:Detached Garage,Garage
Principal Interest
$3,387
Taxes
$414

Home Price

$650,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$130,000
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:
$3,387.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,387.24 $414.38 $0.00 $3,801.62
Yearly $40,646.88 $4,972.50 $0.00 $45,619.38
Total $1,219,406.55 $149,175.00 $0.00 $1,368,581.55
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Mio, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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