Grocery Store

Indian River, MI Grocery And Convenience Stores for Sale

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Established Indian River Chocolate Shop
Updated: Sep 26, 2024
Established Indian River Chocolate Shop

3676 S Straits Highway, Indian River, MI 49749

$885,000
2,500 sqft
Established and Profitable Business: Long‑standing fudge, chocolate, and ice cream shop with a loyal customer base.
Prime Location: Situated in the heart of downtown Indian River.
Turnkey Operation: Sale includes the business, names, equipment, recipes, buildings, and property.
Diverse Product Offering: Wide selection of candies, chocolates, fudge, caramel corn, and ice cream.
Year‑Round Operation: Open 7 days a week, providing consistent revenue opportunities.
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Commercial/Industrial
Updated: Sep 27, 2024
Commercial/Industrial

3676 S Straits Highway, Indian River, MI 49749

$885,000
2,500 sqft
Well‑established and Profitable Business: Long‑standing reputation with loyal local and tourist customer base.
Prime Location: Situated in the heart of downtown Indian River.
Turnkey Operation: Sale includes business, names, equipment, recipes, buildings, and property.
Diverse Product Offering: Wide selection of candies, chocolates, fudge, caramel corn, and ice cream.
Year‑Round Operation: Open 7 days a week, catering to customers consistently.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Indian River, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Clean Convenience Store With Fuel
Clean Convenience Store With Fuel

4203 N Abbe Road, Comins, MI 48619

$199,900
1,780 sqft 0.12 AC lot

Very clean convenience store includes an above-ground fuel tank, lottery, and liquor/beer/wine sales with ample paved parking.

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New Dollar General Store Investment
New Dollar General Store Investment

8336 Mill St, Vanderbilt, MI 49795

Contact for pricing
9,100 sqft

New Dollar General store with a 15-year absolute NNN lease.

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Established Store with Fuel Tank
Established Store with Fuel Tank

Comins, MI 48619

$199,900

Clean store with fuel, lottery, and alcohol sales.

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Convenience Store and Gas Station
Convenience Store and Gas Station

10982 N Old 27 Hwy, Vanderbilt, MI 49795

Contact for pricing

Convenience store and gas station business setup includes living quarters, rental cabins, and an ice cream shop.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Off-Ramp Frontage
Commercial Land with Off-Ramp Frontage

VL Johnson Road, Gaylord, MI 49735

$150,000
0.64 AC lot

Zoned B-2 commercial land on the I-75 Exit 279 off-ramp, offering visibility for a wide range of uses.

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Alpena Commercial Land For Sale
Alpena Commercial Land For Sale

M-32/Crittenden Court lot: 6, Alpena, MI 49707

$235,000
3.50 AC lot

Commercial land with complete infrastructure in Alpena's growing area.

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Alpena Commercial Land For Sale
Alpena Commercial Land For Sale

M-32/Crittenden Court lot: 7, Alpena, MI 49707

$235,000
3.49 AC lot

Commercial land with complete infrastructure in a high-traffic area.

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Commercial Parcel in Manton, Michigan
Commercial Parcel in Manton, Michigan

10103 E M 42, Manton, MI 49663

Contact for pricing
5.00 AC lot

5-acre commercial parcel with high visibility and traffic counts.

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Indian River, MI Grocery And Convenience Stores Market Trends and Statistics

Explore 2 grocery and convenience stores for sale in Indian River, MI on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $1,770,000.

Sale prices for supermarkets in Indian River, MI average $885,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 2
Auto shops 1
Automotive properties 1

Demographics Overview

Population 4,860
Population Growth (5Y) +21.7%
Median Household Income $66,604
College Educated 49.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49749 $885K

Taxes & Financing

Tax Rate (average for all types) 2.66%
Tax Rate vs County Average 0.54 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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