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Carp Lake, MI

Carp Lake, MI Commercial Real Estate for Sale

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Levering, MI Mackinaw City, MI Cheboygan, MI

Waterfront Restaurant & Ice Cream Parlor

Updated: Feb 12, 2025

Waterfront Restaurant & Ice Cream Parlor

6492 Paradise Trail, Carp Lake, MI 49718

$599,000

5,193 sqft

Prime waterfront location with breathtaking views in Carp Lake, MI
Well‑established and thriving restaurant with a strong, loyal customer base
Includes a charming ice cream parlor, adding to its appeal
Turn‑key business with a fully staffed team in place for a smooth transition
Owner financing is available to the right buyer

This listing looks promising.

Here's a quick look at some key insights for

6492 Paradise Trail, Carp Lake, MI 49718

View Property Analytics

Est. Cap Rate

7.3%
Above avg (5.9%)
Est. NOI

$44K
Annual
Price @ 7% Cap

$628K
Above asking
Last Sold

Mar 2018
$60K

View Property Analytics

Retail Storefront with Highway Visibility

Updated: Apr 12

Retail Storefront with Highway Visibility

6420 & 6406 E Gill Road, Carp Lake, MI 49718

$650,000

2,400 sqft

Package includes the Carp Lake General Store building (approx. 2,400 SF) plus an adjacent parcel with a renovated rental cabin and historic barn.
Direct access to the snowmobile trail and highway visibility for the store building, with designed retail use for a market, convenience store, cafe, or similar venture.
Zoned B‑2, offering flexibility for a variety of commercial and mixed‑use opportunities.
Rental cabin on adjacent parcel is recently renovated and comes equipped for 1–2 occupants with a mini‑split and essential amenities.
Home to Wood Frame construction; roof is shingle; heating includes natural gas, baseboard, wood, and electric (heating).

Waterfront Restaurant & Ice Cream Parlor

Waterfront Restaurant & Ice Cream Parlor

6492 Paradise Trail, Carp Lake, MI 49718

$599,000

5,193 sqft

Established restaurant and ice cream parlor in Carp Lake, Michigan.

Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 3 Active listings in Carp Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cheboygan Commercial Property on 25+ Acres

Cheboygan Commercial Property on 25+ Acres

1985 E Levering, Cheboygan, MI 49721

$475,000

25.54 AC lot

Commercial property with office, storage, garage, outbuildings, and home.

Land Near Mackinaw City Attractions

Land Near Mackinaw City Attractions

13792 N Mackinaw Highway, Mackinaw City, MI 49701

$49,900

2.50 AC lot

Versatile 2.5-acre property near Mackinaw City with development potential.

Versatile Land Near Mackinaw City

Versatile Land Near Mackinaw City

13728 N Mackinaw Highway, Mackinaw City, MI 49701

$49,900

2.50 AC lot

2.5 acres near Mackinaw City with development potential.

Recreational Hunting Land Parcel

Recreational Hunting Land Parcel

2651 Campbell Rd, Cheboygan, MI 49721

$185,000

77.00 AC lot

A 77-acre wooded property with a running stream and active hay field, suited for hunting and outdoor uses.

Off-Market Properties in Carp Lake, MI

Consider similar Off-Market properties in Carp Lake, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8020 Paradise Trl

COMMERCIAL (GENERAL)

8020 Paradise Trl, Carp Lake, MI 49718-9797

Value Estimation by Request

3,564 sqft · 1.16 AC lot

8468 Paradise Trl

COMMERCIAL (GENERAL)

8468 Paradise Trl, Carp Lake, MI 49718-9708

Value Estimation by Request

1,188 sqft · 2.30 AC lot

13489 Cecil Bay Rd

COMMERCIAL (GENERAL)

13489 Cecil Bay Rd, Carp Lake, MI 49718

Value Estimation by Request

1,560 sqft · 0.64 AC lot

6513 Paradise Trl

VACANT COMMERCIAL LAND

6513 Paradise Trl, Carp Lake, MI 49718-9413

Value Estimation by Request

1.16 AC lot

7228 Carlton Cv

COMMERCIAL (GENERAL)

7228 Carlton Cv, Carp Lake, MI 49718

Value Estimation by Request

2,936 sqft · 0.57 AC lot

7550 Paradise Trl

COMMERCIAL (GENERAL)

7550 Paradise Trl, Carp Lake, MI 49718-9796

$600,000

Estimated value

6,211 sqft · 1.29 AC lot

6526 Paradise Trl

COMMERCIAL (GENERAL)

6526 Paradise Trl, Carp Lake, MI 49718-9413

$585,000

Estimated value

4,000 sqft · 0.22 AC lot

COMMERCIAL (GENERAL)

9255 Pachy Rd, Carp Lake, MI 49718-9704

Value Estimation by Request

5,760 sqft · 1.27 AC lot

COMMERCIAL (GENERAL)

6420 Gill Rd, Carp Lake, MI 49718-9762

Value Estimation by Request

1,050 sqft · 0.38 AC lot

Carp Lake, MI 49718

VACANT COMMERCIAL LAND

Carp Lake, MI 49718

Value Estimation by Request

0.37 AC lot

6540 Paradise Trl

COMMERCIAL (GENERAL)

6540 Paradise Trl, Carp Lake, MI 49718-9413

Value Estimation by Request

2,506 sqft · 0.25 AC lot

6455 Paradise Trl

COMMERCIAL (GENERAL)

6455 Paradise Trl, Carp Lake, MI 49718-9400

Value Estimation by Request

1,408 sqft · 1.04 AC lot

6492 Paradise Trl

COMMERCIAL (GENERAL)

6492 Paradise Trl, Carp Lake, MI 49718

$560,000

Estimated value

3,299 sqft · 0.16 AC lot

6337 Paradise Trl

COMMERCIAL (GENERAL)

6337 Paradise Trl, Carp Lake, MI 49718-9403

Value Estimation by Request

2,688 sqft · 0.46 AC lot

6358 Paradise Trl

COMMERCIAL (GENERAL)

6358 Paradise Trl, Carp Lake, MI 49718-9403

Value Estimation by Request

4,318 sqft · 1.13 AC lot

COMMERCIAL (GENERAL)

6339 Gill Rd, Carp Lake, MI 49718-9701

Value Estimation by Request

9.60 AC lot

9603 Service Rd

COMMERCIAL (GENERAL)

9603 Service Rd, Carp Lake, MI 49718

Value Estimation by Request

5,500 sqft · 2.63 AC lot

SHOW ROOM, WAREHOUSE

9494 Reed Rd, Carp Lake, MI 49718-9735

Value Estimation by Request

COMMERCIAL (GENERAL)

7400 Maple St, Carp Lake, MI 49718

Value Estimation by Request

3,072 sqft · 1.01 AC lot

11631 Mackinaw Hwy

COMMERCIAL (GENERAL)

11631 Mackinaw Hwy, Carp Lake, MI 49718

Value Estimation by Request

10266 Mackinaw Hwy

COMMERCIAL (GENERAL)

10266 Mackinaw Hwy, Carp Lake, MI 49718

Value Estimation by Request

16.74 AC lot

Carp Lake, MI Commercial Real Estate Market Trends and Statistics

Explore 26 commercial real estate for sale in Carp Lake, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,786 square feet of properties for sale, with an estimated market value of $1,848,000.

Sale prices for business properties in Carp Lake, MI start at $599,000, averaging $616,000, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 622

Population Growth (5Y) -9.3%

Median Household Income $44,712

College Educated 33.7%

High-Yield Neighborhoods for Investment

Identify Carp Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49718	$616K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Emmet County

New Delisted

Total CRE Inventory on Market (SF)

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