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35541 M107
Ontonagon, MI 49953

$2,900,000 USD

Hotel For Sale  •  11,000 SF

Property Details

  • Property Type Hotel
  • Total Building Size 11,000 SF
  • Lot Size 10 AC
  • Building Class C
  • Year Built 1950
  • Zoning commercial
0 Transit Score
0 Walk Score

Description

Profile: Silver Sands Hotel & RV Park — Ontonagon, MI
Overview
Silver Sands Hotel & RV Park is a family-run, smoke-free lodging nestled along Lake Superior at 35541 State Highway M107, Ontonagon, MI 49953 
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. Open around the clock, it offers both cozy hotel rooms and RV sites in a tranquil Upper Peninsula setting 
silversandshotelrvpark.com New 92025 convenience store /liquor store that is near  completion with all new pumps,above-ground fuel storage. 
Seller will escrow $550k to complete the project

Lobby Perks: A welcoming fireplace and daily continental breakfast add to the warmth 
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Location & Activities
Scenic Access: The property sits directly across from Lake Superior, just a short walk from Porcupine Mountains Wilderness State Park 
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Outdoor Experiences: Ideal for hikers, skiers, snowmobilers, and nature lovers—offering lakefront views, beach access, and proximity to trails and ski areas 
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Local Attractions: Nearby highlights include the stunning vistas of Porcupine Mountains, the Ontonagon Lighthouse, historic downtown, and local eateries 
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Guest Feedback
Positive Reviews: Many guests praise the clean, spacious rooms, friendly staff, and unbeatable natural setting. One shared: “Great location, clean and spacious room, super friendly owner!” 
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Mixed Feedback: Some visitors noted that while the location is excellent, certain rooms felt dated or needed maintenance—mentions of musty smells, hard mattresses, limited breakfast options, and minimal staffing surfaced in reviews 
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Unique Charm: The overall consensus is that Silver Sands offers an authentic, rustic U.P. experience—perfect for budget-conscious travelers and outdoor enthusiasts seeking a relaxed, nature-focused getaway 
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Silver Sands Hotel & RV Park stands out for its prime lakeside location, homely regional charm, and great access to outdoor adventures. While modernization issues exist, the value and atmosphere make it an appealing option—especially for those drawn to natural beauty and simplicity.

Highlights

Brand New Convenience Store/Gas Station/Off sale Liquor store is being conpleted in fall of 2025
New Group Pravillion to be completed in fall of 2025 with RV shower building
14 Pull Thru RV sites now completed with room for another 20 with Water and Electric

Financial Summary (Proforma)

Net Operating Income: $518,500 USD (2026)
Total Expenses: $2,302,500 USD

Major Tenants

Tenant SF Occupied Lease End Date
Wilderness Mountain, LLC

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 23
Type: Surface
Included in Rent: Yes
Jerry Vlaminck 612-363-7456 HSC Business Brokers
Jerry Vlaminck 612-363-7456 HSC Business Brokers