9239 E 8 Mile Rd - Hospitality FOR SALE


Luther, MI 49656
$1,189,000 USD
231-668-6303
9239 E 8 Mile Rd, Luther, MI for Sale
$1,189,000 USD
Hospitality - FOR SALE
1/41
null | Request Cap Rate

9239 E 8 Mile Rd
Luther, MI 49656


OVERVIEW

This is a rare opportunity to acquire a large-scale Northern Michigan hospitality-ty and lifestyle property located directly across from the Manistee National Forest—one of the Midwest’s premier outdoor destinations. Spanning approximately 168 heavily wooded acres, the property offers immediate access to over 840 square miles of public land and more than 330 miles of trails, creating an exceptional and setting. Currently operated as a private residence with established rental income, the property is well suited for expansion as a campground, glamping retreat, eco-lodge, or destination hospitality business. Strong regional demand for outdoor recreation, combined with the property’s size, infrastructure, and location, pro-vides meaningful upside for future owners Existing Improvements & Income Infrastructure The property includes multiple income-producing and guest-ready structures, including a large year-round custom yurt, a two-bedroom shipping container home, a modern bathhouse with hot tub, and four established glamping tents. Additional improvements include a large pole barn for storage or operations, livestock pens, a scenic pond, and more than five miles of private internal trails that enhance both guest experience and operational flexibility. Utilities include traditional electric service combined with a renewable solar power system, reducing operating costs and appealing to eco-conscious guests. Location & Recreational Appeal The lifestyle offering is exceptional, with direct proximity to the Manistee National Forest, easy access to ORV and trail systems, and nearby Little Manistee and Pine River access for ?shing, kayaking, and paddling. The area supports year-round recreation including hunting, hiking, and riding, delivering an authentic Northern Michigan experience that balances privacy, nature, and accessibility. Development Flexibility The township has no zoning restrictions, with only county and state requirements, offering rare flexibility for future development. New ownership may expand the existing hospitality operation, add lodging or campsites, or enjoy the property as a private retreat with income potential.

FOR SALE DETAILS

PRICE

$1,189,000 USD

PRICE/SF

$595 USD /SF

# OF ROOMS

6

PRICE/ROOM

$198,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

168 Acre Northern MI Hospitality Business

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

168 AC

LAND SF

7,318,080 SF

ZONING

None

APN/PARCEL ID

01-027-010-02

ASK ABOUT THIS PROPERTY

Ken WeaverBerkshire Hathaway Home ServicesMore Info
231-668-6303

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Ken WeaverBerkshire Hathaway Home ServicesMore Info
231-668-6303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.