234 River Street • Ontonagon, MI 49953
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27757 US41, Michigamme, MI 49861 (Updated: 2020-11-25 22:02:40)

Property Details

1124206
COMMERCIAL/INDUSTRIAL
Michigamme
$420,000
5664 ($74.15 / SqFt)
This is an amazing opportunity to live on the lake year round! Have you dreamed of running a bed and breakfast/resort or maybe you would love a camp or year round home where all of your family and friends can visit and have their own cabin... a family commune! Live, work, play on the lake! Generate income while enjoying the good life!!! The Ruth Lake Resort sits on 1.36 acres and boasts 209' of beautiful sandy beach! Take in the views of BOTH Lake Ruth and Lake George! Lake Ruth boasts walleye, crappie, perch, bass, northern pike, etc., take the pontoon out or fish right from your dock! Every building has been updated in the last 10 years. Move in ready! No deferred maintenance! The main house is an open concept, two bedroom, one full bath home that is easily maintained with no steps. The home was completely renovated in 2006 with granite countertops, new island with barstools, laminate flooring (2015), Mastercraft cabinetry, and stainless steel appliances. Entertain friends and family on the patio while taking in breathtaking views of the lake. Use the automatic awning to cool off when the sun is high. If you'd like, generate an income from the four cabins and a four unit motel! Each cabin has laminate floors, knotty pine walls, an air conditioner(in motel only)/heater wall unit, with 2 full sized beds, kitchenette, and .75 bath. There is an on-site laundry facility attached to the motel as well. Rent your quaint cabins by the night, week, or month to snowmobilers, campers, vacationers. To top it all off, there is a newly built 44'x36' stick built heated garage/workshop, with 12' ceilings, and also with a kitchenette and bathroom.... this is the ultimate man cave!! The property includes newer outdoor wood boiler in 2014, all log sided and metal roofing in 2007, new wiring in 2006, 80 ft deep well, a garden area and much more! This all adds up to a very low maintenance, income property....while enjoying a little piece of heaven!! Why not begin your dream today! Call for your private showing.
Click here to request more information!
Click here to view printable property flier!

Interactive Map

Directions: From Marquette, take US 41 42 miles West, property on right of highway. If using GPS, search Lake Ruth.



General Information

COMMERCIAL/INDUSTRIAL
Comm Bldg/No Business
Lake Ruth
5664 ($74.15 / SqFt)

Agent

Listing provided by JENNIFER COSCO of SELECT REALTY (906) 228-2772.

Features

Window Unit
Electric
SEC 17 TWN 48N RNG 31W SP-17 8/1 GL5F&G SEC 17 T48N R31W PRT OF GOVT LOT 5 COM 800 S & 116 W OF NE COR, TH W 395 M/L TO SHORE OF LAKE RUTH, TH SWLY
Not to Property
Yes
Interior Lake


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