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505 Rainbow Park Trail

Mio, MI 48647

For Sale
OverviewHighlightsPhoto GalleryVideo TourLocationAsk ChatGPT About This PropertyNeighborhoodVideoAbout US
Offered at $650,000
Offered at
2.5 acres
Lot Size

Mio, MI Commercial Resort for Sale: Rainbow Resort & Au Sable River Canoe Livery

Superb commercial investment opportunity to acquire an established, highly profitable Northern Michigan resort and thriving recreation business on the world-renowned Au Sable River in Mio, MI. Situated on 2.5 acres, this turnkey hospitality enterprise features seven fully furnished vacation cabins, an attractive on-site retail store and registration office, a large pole barn, and a spacious 3-bedroom, 2-bathroom private owner's residence. The property includes the fully operational Rainbow Canoe Livery with a diverse transportation fleet of shuttle vans and trailers, plus canoe, kayak, and tube rentals. Operating with a valuable Michigan DNR Commercial River Use Permit, this business boasts multiple diverse revenue streams from lodging, water recreation, and retail, all supported by an established web presence and a strong repeat customer base in a premier outdoor destination.

More Details ...

Property Overview

Address:505 Rainbow Park Trail , Mio, MI 48647
Type:Commercial
Status:For Sale
Price: $650,000
Lot Size:2.5 acres

Highlights

Established, very profitable Northern Michigan resort & recreation business
Multiple revenue streams from cabin rentals, canoe/kayak/tube rentals, shuttle services and retail operations
Seven fully furnished vacation cabins
Three contiguous parcels totaling approximately 2.53 acres
3-bedroom, 2-bath owners residence with basement
Attractive on-site retail store and guest check-in office
Pole barn and maintenance/storage building
Established Rainbow Canoe Livery
Canoe rentals
Kayak rentals
Tube rentals
Shuttle transportation for river trips
Established Au Sable River recreation business
River landing/access utilized under an existing lease
Michigan DNR Commercial River Use Permit
Strong repeat customer base
Established business website and direct customer presence
Turnkey business operation
Guest parking
Attractive wooded Up North setting
Individual cabin fire pits
Picnic areas and tables
Charcoal grills
Outdoor recreation areas
Family-friendly resort atmosphere
Extensive equipment and transportation fleet included, subject to Purchase Agreement
Four 15-passenger shuttle vans
Three canoe trailers
Kayak trailer
Tube trailer
John Deere zero-turn mower
Cub Cadet riding mower
Ford tractor with back blade
Electric golf cart
Commercial grounds and maintenance equipment
Significant recent improvements and reinvestment
Cabin renovations
Owner residence remodeling
Store remodeling
New furniture and mattresses
New appliances
New landscaping and business signage
New fire pits and grills
New kayaks and tubes
Additional shuttle van
New dock and outdoor recreation improvements
Excellent potential for continued growth
Opportunities for expanded direct reservations and digital marketing
Potential fishing and hunting packages
Family reunions and group outings
Corporate retreats
Expanded retail and seasonal promotions

Frequently Asked Questions

Where is Rainbow Resort & Canoe Livery located?

The property is located at 505 Rainbow Park Trail, Mio, MI 48647, positioned in the scenic Au Sable River valley of Northern Michigan.

What commercial real estate is included in the sale of Rainbow Resort?

The sale includes approximately 2.50 acres of land across three contiguous parcels, seven guest cabins, an owner's residence, a retail store/office, and a pole barn.

Does the canoe livery business include a Michigan DNR permit?

Yes, the sale includes the established Rainbow Canoe Livery which operates under a valuable Michigan DNR Commercial River Use Permit.

How many guest cabins are on the resort property?

The resort features seven fully furnished vacation cabins designed to accommodate various guest group sizes.

Is there an owner's residence on the property?

Yes, there is a spacious 3-bedroom, 2-bathroom owner's residence with a basement located on-site, ideal for an owner-operator.

What equipment is included with the canoe livery fleet?

The inventory includes four 15-passenger shuttle vans, three canoe trailers, a kayak trailer, a tube trailer, plus various mowers and maintenance tractors.

What outdoor recreation attractions are near Mio, Michigan?

The area is famous for the Au Sable River, which offers premier trout fishing, kayaking, and canoeing, as well as the surrounding Huron-Manistee National Forests.

Are there opportunities to expand or grow the resort business?

Yes, growth opportunities include expanding digital marketing, introducing off-season fishing/hunting packages, or hosting group events and corporate retreats.

Is the retail store on-site active?

Yes, there is an active on-site retail store and registration office selling souvenirs, apparel, and outdoor supplies directly to the public and resort guests.

What is the acreage and zoning of the resort property?

The resort sits on approximately 2.50 acres of zoned commercial land suitable for hospitality and recreational business operations.

Video Tour

Photo Gallery

Rainbow Resort & Canoe Livery presents an extraordinary opportunity to acquire an established, profitable Northern Michigan hospitality and outdoor recreation business in the heart of the Au Sable River valley near Mio, Michigan. This turnkey commercial property offers an investor-operator a rare combination of real estate assets, lodging operations, equipment rental logistics, and steady retail revenue streams.

The real estate portfolio consists of three contiguous parcels totaling approximately 2.50 acres. The lodging component includes seven fully furnished guest cabins, designed to capture the classic Northern Michigan outdoor aesthetic. Each cabin features dedicated outdoor areas equipped with fire pits, picnic tables, and charcoal grills, creating an inviting atmosphere that encourages repeat seasonal bookings.

Complementing the guest cabins is a spacious 3-bedroom, 2-bathroom owner's residence with a basement. This home provides comfortable, on-site living accommodations for an owner-operator or on-site property manager. The administrative and retail operations are housed in an attractive customer service office and retail store, which stocks Au Sable River apparel, souvenirs, basic outdoor gear, and convenience items for both resort guests and river recreationists.

The recreational logistics are supported by the highly reputable, established Rainbow Canoe Livery. This operation facilitates popular canoe, kayak, and tube trips along the historic Au Sable River under a valuable Michigan DNR Commercial River Use Permit. A comprehensive equipment and transportation fleet is included in the sale, featuring four 15-passenger shuttle vans, multiple specialized canoe, kayak, and tube trailers, zero-turn and riding mowers, a Ford tractor, and support maintenance equipment.

Located in Oscoda County, this resort leverages the immense natural draw of the Huron-Manistee National Forests and the Au Sable River, renowned for world-class trout fishing, paddling, and seasonal recreation. With significant recent capital improvements including remodeled cabins, updated retail space, and fleet expansions, this business is primed for seamless operational transition and continued financial growth.

Mio & The Au Sable River – Northern Michigan Outdoor Recreation Country

Rainbow Resort is located near Mio, Michigan, in the heart of one of Northern Michigan’s best-known outdoor recreation areas. Surrounded by forests and centered around the legendary Au Sable River, the Mio area has long attracted anglers, paddlers, hunters, campers, ORV riders and families looking for a classic Up North getaway.

The Au Sable River

The Au Sable is one of Michigan’s premier recreational rivers and is nationally recognized for its scenic beauty, excellent cold-water fishery and outstanding paddling opportunities. Canoeing and kayaking have been part of the area’s identity for generations, with trips ranging from relaxing short floats to full-day and multi-day river adventures.

The river is equally well known for fishing, particularly its brown and rainbow trout fishery. Miles of forested shoreline, public access points and designated recreation areas make the Au Sable a destination that draws visitors from throughout Michigan and beyond.

Rainbow Resort is ideally positioned to benefit from this recreation traffic, with its established canoe, kayak and tubing livery complementing the resort’s cabin accommodations.

Surrounded by Northern Michigan Recreation

The Mio area offers much more than the river. The surrounding Huron National Forest provides an extensive outdoor playground with opportunities for hiking, camping, hunting, wildlife viewing, trail riding and exploring miles of Northern Michigan forest.

Nearby Mio Pond provides additional fishing, boating and paddling opportunities, while the greater area includes numerous river access sites, campgrounds, trails and scenic overlooks.

ORV and ATV recreation is another important attraction to the region. The Mio area and surrounding national forest are popular with riders, adding another group of recreational visitors to the local tourism economy.

A True Four-Season Up North Destination

While summer is naturally a major season for canoeing, kayaking, tubing and family vacations, the area attracts outdoor enthusiasts throughout much of the year. Spring brings trout fishing and mushroom hunters, summer brings river and resort visitors, fall brings hunting and spectacular color, and winter recreation adds another dimension to the region.

The combination of river recreation, fishing, hunting, trails, forests and traditional Northern Michigan vacationing creates a diverse visitor base and helps make Mio an established outdoor tourism destination.

Small-Town Convenience, Up North Setting

Mio provides the everyday services visitors and resort owners need while maintaining the relaxed character of a small Northern Michigan community. Guests can spend the day on the river or exploring the surrounding forests while still having convenient access to restaurants, groceries, fuel and other services.

For an owner of Rainbow Resort, the location provides an important advantage: this is not a business that has to create a recreational destination around it. The Au Sable River and surrounding Northern Michigan forests are already the destination.

Rainbow Resort offers the opportunity to own an established lodging and recreation business in an area where visitors already come to paddle, fish, hunt, ride, explore and simply enjoy the Up North lifestyle.

This property is located at 505 Rainbow Park Trail, Mio, MI 48647

Traverse North Realty www.TraverseNorth.com Old Mission Real Estate www.LiveOMP.com 231.668.6303 Ken Weaver is the broker/owner of Traverse North Realty and our branch office, Old Mission Real Estate. With over $100 Million in closed transactions, we have the experience and expertise needed to provide you with exceptional service and results.

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Ken Weaver

Ken Weaver

Berkshire Hathaway Home Services Michigan
License: 650310917
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Listed by: Berkshire Hathaway Home Services