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505 Rainbow Park, 
Mio, MI 48647

$650,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Marissa Spencer

Kenneth Weaver

Berkshire Hathaway HomeServices - Tc

231-947-7777

Last updated:

August 11, 2026, 04:29 AM

MLS#

80072061

Source:

MI REALSOURCE

About This Home

505 Rainbow Park

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

Home Facts

Multi-Family

Built in 1958

Subdivision & Development:

Rainbow Resort

Price Summary

650,000

MLS #:

80072061

Last Updated:

August 11, 2026, 04:29 AM

Added:

4 day(s) ago


Structure

Structure

Year Built:

1958


Lot

Lot Size (Sq. Ft):

110,206


Finances & Disclosures

Finances

Price:

$650,000

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.