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Improved Mixed-Use Land for Sale in Onaway, Michigan

Cheboygan County, Onaway, MI 49765

$474,900
2.29 acres
Active sale
$14.1k drop
Est $2,725/mo

Turnkey waterfront hospitality property on scenic Tower pond, which connects to the renowned trout waters of the Black River. This lodge-themed hospitality property features a 6-unit motel, a separate cabin that can be used as an additional rental unit or residence, and up to 7 RV campsites with full hook-up options. With over 300 feet of waterfront, guests can enjoy fishing, kayaking, and canoeing, and paddle boats are available. On-site entertainment includes horseshoe pits and a playground. Offered as a turn-key business, the sale includes all furnishings and equipment, such as log furniture, dishes, cookware, appliances, linens, 10 canoes, 7 kayaks, 2 paddle boats, a trailer, picnic tables, and playground equipment. The residence included with the motel is 9940 Peninsula Drive, Onaway

2,150
Sq feet

Location

Community
T34N R1E

Directions

From Indian River take M-68 East approx 26 miles. Motel located on left side just over bridge across from Black River Party Store.

Property details

Acreage
2.29 acres
Zoning
Commercial
MLS #
WWMLS 201839000
Posted

Parcels

  • 231-T03-004-004-00

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Waterfront
Yes

Exterior

Parking
Parking Lot

Structure

Stories
1
Basement
Crawl Space
Water
Well
Sewer
Septic Tank

Listing history

DateEventPriceChangeSource
May 7, 2026Price drop$474,900$14,100 -2.9%WWMLS
Mar 12, 2026New listing$489,000WWMLS
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This 2.29-acre property is located in Onaway, MI 49765. The property is available for sale for $474,900. It has a 2,150 sq ft structure.

Checked 2 hours ago — Updated

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