16878 County Road 505 Road, Newberry, MI

$1,600,000

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7,340

Square feet

18.24

Acres

About 16878 County Road 505 Road

Here’s your chance to own a well-established resort on the shores of Halfway Lake, just 20 minutes north of Newberry. This turn-key business includes eight rental cabins (one is a duplex), a spacious guest house, and a three-bedroom, two-bath owner’s residence with beautiful lake views from nearly every building on the property. Halfway Lake is a private, no-motor lake, perfect for paddling, fishing, and relaxing. Guests have access to canoes, kayaks, and boats, as well as two docks, a launch area, and a swim-friendly shoreline with Approximately 1,700 feet of shoreline frontage. It’s a peaceful escape that attracts snowmobilers, UTV/ORV riders, fishermen, and travelers exploring the area’s many attractions, including nearby Tahquamenon Falls. Each two-bedroom cabin features a kitchen, bathroom, and comfortable living area, offering guests a cozy retreat in a quiet, natural setting. The guest house provides additional space for rentals, visiting friends, or extended family. Also included are a detached garage and a large pole barn for storage or maintenance needs. The current owners have welcomed returning guests for years, maintaining the property with care. Whether you’re looking for a lifestyle change or a smart investment, this resort is ready for new ownership. Don’t miss this unique opportunity to run your own business while enjoying lakefront living in Michigan’s Upper Peninsula.

Features of 16878 County Road 505 Road

MLS® # 50178874
Price $1,600,000
Square Footage 7,340
Acres 18.24
Year Built 1952
Type COM/IND/BUS OPP
Sub-Type Business
Status Active
Source MLS MiRealSource
Originating MLS Upper Peninsula Assoc of Realtors

Community Information

Address 16878 County Road 505 Road
Area McMillan Twp
City Newberry
County Luce
State MI
Zip Code 49868

Amenities

Is Waterfront Yes
Waterfront Water View, Waterfront, Interior Lake

Interior

Heating Forced Air
Cooling Ceiling Fan(s), Central A/C

Exterior

Exterior Features Deck/Patio
Roof Metal, Shingles
Construction Log, Metal, Wood
Foundation Basement, Crawl

Additional Information

Zoning Mixed Use
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX SUPERIORLAND

Listing Map

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