Historic Upper Peninsula hospitality opportunity in the waterfront community of Nahma, Michigan. The offering includes the iconic Nahma Inn, a fully operating bar, restaurant, and 18-room hotel, along with the neighboring Nahma General Store building currently utilized as an event and entertainment venue. Also included is adjoining land to the south featuring private waterfront access to a protected channel leading directly into Big Bay de Noc on Lake Michigan, with existing dock infrastructure serving both recreational boat traffic and visiting guests. Originally established during Nahma's historic lumber era, the Nahma Inn has evolved into one of the region's most recognizable destination properties, serving locals, sportsmen, tourists, fishermen, snowmobilers, and travelers exploring Michigan's Upper Peninsula. The property offers a rare combination of established hospitality operations, historic character, event space potential, and waterfront recreational access within a community deeply rooted in U.P. history. The sale includes the operating business, liquor license, furniture, fixtures, equipment, and existing business infrastructure, creating a true turnkey opportunity for a buyer seeking a hospitality investment, boutique lodging concept, restaurant/bar operation, event destination, or legacy lifestyle property. Positioned near Big Bay de Noc and surrounded by some of the Upper Peninsula's premier outdoor recreation opportunities, the property benefits from year-round tourism traffic including fishing, boating, hunting, ATV riding, kayaking, birdwatching, and snowmobiling. The additional General Store venue space creates flexibility for live music, weddings, private events, retail concepts, or expanded hospitality uses. With strong regional name recognition, established community presence, and multiple revenue stream possibilities, this property presents a unique chance to continue operating an iconic U.P. destination while expanding upon its long-standing legacy and future potential. Opportunities combining historic significance, operating business infrastructure, event potential, lodging capacity, and private waterfront access are increasingly rare in Michigan's Upper Peninsula. Buyer and buyer's agent to verify all information and suitability for intended use.