Gogebic Lodge & Marine

SVN | Northco is pleased to present the listing of Gogebic Lodge & Marine ("Property") a full-service resort that offers multiple revenue streams located in Marenisco, MI on Lake Gogebic.​ The Property has two protected harbors and a full-service marina with gas.​ Boat rentals are available at Gogebic Lodge for all guests.​ From one-bedroom cottages to three-bedroom chalets as well as a campground area with hookups for motor homes, campers, and tents, Gogebic Lodge can accommodate groups or families of any size.​ A full-service restaurant and lounge are also onsite with a banquet/meeting facility equipped to accommodate up to 250 people.​ The Property is open year-round and offers several amenities including a new screened-in outdoor pavilion with a grill, central AC in the main lodge and cabins, a sauna, access to snowmobile trails, and much more.​ There is also a profitable marine and storage business included in the sale.​ Additionally available, but not included in the sale price, are 35 acres of development land.​

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  11% cap rate: Profitable year-round resort and marine business on 8.36 acres of land with a variety of lodging accommodations and amenities nestled in the heart of the natural beauty of the Upper Peninsula of Michigan

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  Well-known restaurant and lounge onsite with banquet/meeting facilities accommodating up to 250 people

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  Two protected harbors and a full-service marina with gas and boat rentals, featuring 1,180 feet of shoreline along Lake Gogebic. The sale also includes a marine and storage business

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  Additionally available, but not included in the sale price, are 35 acres of development land

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  Located on Lake Gogebic, recognized as a major fishery with over 38 miles of beautiful shoreline

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  Listing Website: https://www.northco.com/properties/gogebiclodge