$650,000

505 Rainbow Park Trail Mio, MI 48647

Estimated payment $4,230/month

-- Bed
-- Bath
11,000 Sq Ft
$59 Price per Sq Ft

Highlights

  • Guest House
  • Ranch Style House
  • Fireplace
  • River Nearby
  • Loft
  • Forced Air Heating System

About This Home

Turnkey Northern Michigan Resort & Canoe Livery! Rare opportunity to own an established hospitality and outdoor recreation business in the heart of Northern Michigan. Rainbow Resort & Canoe Livery includes seven fully furnished rental cabins, a 3-bedroom, 2-bath owner's residence with basement, retail store/check-in office, pole barn, maintenance building, and approximately 2.53 acres across three contiguous parcels. The successful business features an established canoe, kayak, and tube livery with shuttle fleet, river landing lease through Consumers Energy, and Michigan DNR Commercial River Use Permit. Extensive equipment—including multiple 15-passenger shuttle vans, trailers, tractors, mowers, golf cart, and maintenance equipment—is included, making this a truly turnkey operation. Current ownership has completed numerous capital improvements, including cabin and residence renovations, store updates, new furnishings, landscaping, signage, fire pits, grills, kayaks, tubes, and more. With a loyal repeat customer base, established online presence, and outstanding opportunities to expand direct bookings, group events, retail sales, and outdoor recreation packages, this is an exceptional investment in one of Michigan's premier vacation destinations. visit www.rainbowresortmio.com for more information

Listing Agent

Marissa Spencer

Berkshire Hathaway Homeservices - TC Listed on: 08/07/2026

Berkshire Hathaway Homeservices - TC

Co-Listing Agent

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 11,000 Sq Ft Home
  • Fireplace
  • Loft
  • Oven or Range

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • River Nearby
  • 2.53 Acre Lot
  • Guest House

Community Details

Overview

  • 3 Buildings
  • 8 Units
  • Rainbow Resort Subdivision

Recreation

  • Trails

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

2.53 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Community Features: None, Trails
  • Horses: No
  • LotSizeAcres: 2.53
  • Has Spa?: No
  • Has View?: No
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T022615
  • Co List Office Phone: 231-947-7777
  • Co List Office Mls Id: T022615
  • Subdivision Name: Rainbow Resort
  • Accessibility Features: Other
  • Architectural Style: Ranch
  • Has Fireplace?: Yes
  • Living Area: 11000
  • Is New Construction?: No
  • Property Attached Yn: No
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Interior Amenities: Loft, Other
  • Number Of Buildings: 3
  • Appliances: Refrigerator, Oven/Range
  • Fireplace Features: Other

Exterior Features

  • Exterior Features: Other
  • Roof: Asphalt
  • Has Private Pool?: No
  • Waterfront Features: River
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Other, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Guest House, Other

Garage/Parking

  • Has Carport?: No
  • Has Attached Garage?: No
  • Has Open Parking?: No
  • Parking Features: Detached, Pole Construction

Utilities

  • Sewer: Private Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Private

Condo/Co-op/Association

  • HOA Rent Includes: Other
  • Pets Allowed: false

Schools

  • Junior High Dist: Mio-Ausable Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 110206.799999999
  • Zoning Description: Commercial

Rental Info

  • Lease Term: Other

Multi Family

  • Number Of Units Total: 8
  • Above Grade Finished Area Units: Square Feet

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2026 08/07/26 For Sale $650,000 -- $59 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1949019

Northern Great Lakes REALTORS® MLS
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