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255 GRATIOT STREET
COPPER HARBOR, MI 49918

$1,900,000
MLS# 50175273

 

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PROPERTY DESCRIPTION

Welcome to The Mariner North, Copper Harbor’s flagship resort and the hospitality heartbeat of MI’s northernmost community. Family-owned for 48 years, this iconic business is more than a property—it’s a living legacy. Ideally located in the center of town with prime US-41 frontage and just steps from Lake Superior, Mariner North is the only year-round resort in Copper Harbor, drawing guests from all lower 48 states and beyond. From snowmobilers and mountain bikers to artists and motorcyclists (as featured in HOG Magazine), it’s a top destination in one of the Midwest’s most scenic adventure hubs. Inside, guests are welcomed by a 35-ft cathedral ceiling, a Great Lakes-themed restaurant and bar with seating for 150, a lounge area, and an upper loft that adds warmth and intimacy. The event includes a built-in salad bar, electric buffet stations, ladder-back chairs, a fireplace, and is wrapped with 3 sides of windows. The main restaurant seats 150 guests at hardwood tables highlighted by a signature bird’s-eye maple bar. Two indoor decks are also unused, offering additional income potential i.e. apparel and branding items to sell. The kitchen is built for volume and consistency. Lodging includes 18 units built in 1997 and 2001, with a total of 46 beds. The five 2-bed, 2 story log cabins (900 sq ft each) feature full kitchens, living areas, hideaway beds, in-floor heat, and front boardwalk entrances that sleep up to 6 people. Two motels include: a four-unit, single-level with rooms offering two queen beds, wet bars, fridges, and oversized whirlpool tubs; and a nine-unit, two-story with 8 balcony rooms and a spacious Honeymoon Suite. Across all lodging, whirlpools and in-floor heating enhance guest comfort. The property also includes a MI Class C liquor license (beer, wine, and liquor), Sunday Sales, Entertainment Designation, take-out beer/wine license, and an outdoor service designation license for 2 areas surrounding the restaurant. Staff housing is located in a separate apartment building (sold separately) just down the street, MLS #50175275. Outdoor rec drives steady year-round business: Copper Harbor is an internationally known mountain biking destination (IMBA Silver Ride Center), and 14 mi away is Mt. Bohemia—home to the Midwest’s most extreme skiing. In winter, Mariner provides central access to 250+ mi of groomed snowmobile trails (the state’s largest system). Fall colors attract thousands of leaf-peepers, while Isle Royale Queen IV Ferry, Fort Wilkins State Park, and a nearby deep water State Marina boost seasonal appeal. A public park across the street enhances walkability. With year-over-year growth, national exposure, and untapped event/dining potential, Mariner North is not just a business—it’s the soul of Copper Harbor.

 
LOCATION
255 GRATIOT STREET
Copper Harbor, MI 49918

County: Keweenaw

School District:

Property Tax Area: Grant Twp (42006)

Waterfront: No
Water Features:

Road Access: City/County,U.S. Highway,Year Round

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DETAILS
Business Type Resort/Restaurant/Lodging
Total Buildings
Total Building Square Feet 20224.00
Lot Dimensions 300x120
Year Built (Approx.) 1994
Status: Active
 
 
BUILDING & CONSTRUCTION

Foundation: Basement

 

Basement: Yes

Exterior: Deck/Patio

Garage:

Fireplace:

 

Accessibility:

Green Features:

 

Basement: Yes

     

Construction Features:
Cedar,Frame,Wood

Other Features:
Cable Internet Installed,Electric Available,Furniture,Public Restrooms,Sidewalks,Telephone

 
UTILITIES, HEATING & COOLING

Sewer: Public Sanitary

Water: Public Water

     

Heat: Electric,LP/Propane Gas: Hot Water

 

Air Conditioning: Ceiling Fan(s)

     
 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
*
* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.
 
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Listing Office:
Re/max 1st Realty

Listing Agent:
Mingay, Dave

 
 
 
 

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REAL ESTATE

Search MLS Properties
Today's New Listings

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& MORE

Pic of the Day
Josh's Journal

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Josh's Live Stream
Bald Eagle Cam
Duluth Canal Cam
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FORESTRY

Hunting Journal
Buck Pole
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Northwoods Forest Mgmt.

 

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