Mancelona, MI Grocery and convenience stores for sale

Updated: Sep 26, 2025

Thriving Business Opportunity in Mancelona

11380 NE Starvation Lake Road, Mancelona, MI 49659

$328,500

1,380 sqft

Thriving business opportunity: Includes a party store, gas station, and four RV hookup sites with existing long‑term tenants.
Turnkey operation: All licenses transferable upon State approval, includes upgraded POS and security systems.
Recent upgrades: Features a metal roof, newer electrical system, 5'' well, three‑tank septic system, upgraded gas pumps, and newer tank system.
Income potential: Store sells retail food, liquor, beer/wine, lottery, accepts SNAP, propane, cut wood, and gasoline.
Fully equipped: Includes a full kitchen with prep area for pizzas and sandwiches.

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This listing looks promising.

Here's a quick look at some key insights for

11380 NE Starvation Lake Road, Mancelona, MI 49659

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Est. Cap Rate

4.7%
NOI ÷ price
Est. NOI

$15K
Annual
Mortgage

$179K
Jun 2022
Last Sold

Apr 2024
$89K

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mancelona, 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.

New Dollar General Store Investment

8336 Mill St, Vanderbilt, MI 49795

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9,100 sqft

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

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Gas Station Retail Property

200 N 5th St, Roscommon, MI 48653

$1,200,000

For sale gas station retail site positioned for car-dependent access in Roscommon, Michigan.

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Retail and Restaurant Building

9963 W Higgins, Roscommon, MI 48653

$155,000

Vacant 3,000+ sq. ft. building with coolers, walk-in refrigerator, and a cooking area.

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Convenience Store and Gas Station

10982 N Old 27 Hwy, Vanderbilt, MI 49795

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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

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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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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Shovel-Ready Commercial Development Land

N Clare Avenue, Harrison, MI 48625

$210,000

8.00 AC lot

Zoned commercial vacant lot with site improvements underway, positioned with road frontage near the US 127 interchange.

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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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Mancelona, MI Grocery And Convenience Stores Market Trends and Statistics

Explore 1 grocery and convenience stores for sale in Mancelona, MI on our real estate platform. These investment opportunities span a total of 1,380 square feet of properties for sale, with an estimated market value of $328,500.

Sale prices for supermarkets in Mancelona, MI average $328,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49659	$328.5K

Neighborhood

Average Price

49659

$328.5K

Mancelona, MI Grocery And Convenience Stores for Sale

11380 NE Starvation Lake Road, Mancelona, MI 49659