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Munising Motel 332 E Onota St 12 Room Hotel Munising, MI 49862 $1,272,923 CAD ($106,077 CAD/Room)

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Investment Highlights

Prime downtown Munising location
Minimal deferred maintenance

Tourism-driven market

Executive Summary

Turnkey lodging investment opportunity in downtown Munising located along high-traffic M-28. Sale includes a 12-unit motel plus a 2-bedroom, 2-bathroom house currently used as an active Airbnb. Established rental history, strong tourism-driven location, and positioned near Pictured Rocks National Lakeshore, Lake Superior, trails, dining, and area attractions. Financials available to qualified buyers with signed NDA. Please do not disturb guests, tenants, owner, or employees. Showings by appointment only.

Property Facts

Price	$1,272,923 CAD	Lot Size	0.43 AC
Price Per Room	$106,077 CAD	Building Size	4,776 SF
Sale Type	Investment	No. Rooms	12
Sale Condition	Business Value Included	No. Stories	2
Property Type	Hospitality	Year Built/Renovated	1970/2022
Property Subtype	Hotel	Corridor	Exterior
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial

Price	$1,272,923 CAD
Price Per Room	$106,077 CAD
Sale Type	Investment
Sale Condition	Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	0.43 AC
Building Size	4,776 SF
No. Rooms	12
No. Stories	2
Year Built/Renovated	1970/2022
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial

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About 332 E ONOTA ST , MUNISING, MI 49862

Turnkey Investment Opportunity in the Heart of Munising! Don’t miss this rare chance to own a well-established hospitality property in one of Michigan’s top tourist destinations. The Munising Motel features 12 guest rooms along with a separate 2-bedroom home currently operating as a short term rental, offering multiple income streams in a high-demand area. Ideally located near Lake Superior, Pictured Rocks National Lakeshore, ORV and snowmobile trails, and year-round outdoor recreation, this property attracts consistent seasonal and repeat guests. The motel is well-maintained with strong visibility and easy access for travelers exploring the Upper Peninsula. The additional 2-bedroom home provides excellent flexibility—continue using it as a short-term or long-term rental, or utilize it for owner occupancy or on-site management. With established operations, proven income potential, and prime location, this is a turnkey opportunity for investors or owner-operators looking to step into Munising’s thriving tourism market. Financials available to qualified buyers.