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    Newberry, MI
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    Newberry, MI Grocery And Convenience Stores for Sale

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    Hulbert, MI Engadine, MI Naubinway, MI
    Muskallonge Lake Commercially Zoned Property
    $350,000

    Muskallonge Lake Commercially Zoned Property

    30410 Co Rd 407, Newberry, MI 49868

    Unique property with lake frontage, home, cottage, and store.

    • 282 feet of unimproved south facing frontage on Muskallonge Lake
    • Commercially zoned property with multiple income‑generating possibilities (home, cottage, former store)
    • Rental cottage for immediate income generation
    • Former camp store with existing shelving, equipment, and full kitchen, easily convertible to rental or commercial space
    • Proximity to Lake Superior (1000 yards via North Country Trail)
    Updated: Feb 15
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    40 Acres Near Lake Superior
    $1,650,000

    40 Acres Near Lake Superior

    32752 Co Rd 423, Newberry, MI 49868

    Upland property with cabins, store, and airport near river.

    • 40 acres of upland property adjacent to Hemingway's Two‑Hearted River Mouth.
    • 8 cabins with solar power, well, and septic systems, offering views of Lake Superior.
    • New 32x48 General Store with propane, liquor, beer, and wine licenses (escrowed).
    • Licensed Rural Airport on the property.
    • Canoe Livery included.
    Updated: Jul 17, 2025
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    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Newberry, MI, we suggest exploring several alternatives:

    Newberry, MI Grocery And Convenience Stores Investment Opportunities Market Analysis

    Explore 2 grocery and convenience stores for sale in Newberry, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for supermarkets in Newberry, MI start at $350,000, averaging $1,000,000, and reaching up to $1,650,000 — 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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    Grocery and convenience stores 2

    Demographics Overview

    Population 5,231
    Population Growth (5Y) -1.0%
    Median Household Income $53,651
    College Educated 27.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Newberry submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49868 $1M

    Taxes & Financing

    Tax Rate (average for all types) 3.36%
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

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