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    Paradise, MI
    Grocery Store

    Paradise, MI Grocery And Convenience Stores for Sale

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    Newberry, MI Hulbert, MI Brimley, MI Engadine, MI
    Turnkey Grocery Store with Residence
    Updated: Jun 3
    Turnkey Grocery Store with Residence

    8271 M-123, Paradise, MI 49768

    $449,900
    5,720 sqft
    5,720 sq. ft. Paradise grocery store operated by current owners since 1995
    Includes extensive cooler and freezer capacity plus a liquor license
    Recent updates: new roof membrane in 2025 and newer refrigeration compressor
    Property includes attached garage/storage space and ample parking
    Attached 3‑bedroom residence for owner occupancy or short‑term rental use
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Paradise, 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.

    Retail Storefront with Highway Visibility
    Retail Storefront with Highway Visibility

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

    $650,000
    2,400 sqft

    Multi-property B-2 retail package includes a general store, rental cabin, and barn with highway access.

    View details
    Established Indian River Chocolate Shop
    Established Indian River Chocolate Shop

    3676 S Straits Highway, Indian River, MI 49749

    $885,000
    2,500 sqft

    Profitable fudge, chocolate, and ice cream shop for sale.

    View details
    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.

    View details
    Commercial/Industrial
    Commercial/Industrial

    3676 S Straits Highway, Indian River, MI 49749

    $885,000
    2,500 sqft

    Coffee shops · 2,500 SF

    View details

    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 on Highway 2
    Commercial Land on Highway 2

    737 E Lakeshore Drive, Manistique, MI 49854

    $450,000
    0.97 AC lot

    Prime vacant lot in high-traffic commercial area.

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    Prime Commercial Land in Negaunee
    Prime Commercial Land in Negaunee

    362-368 E US41/M28 Highway, Negaunee, MI 49866

    $2,495,000
    5.00 AC lot

    High-exposure commercial land on US Highway 41/28 in Negaunee.

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    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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    Prime Commercial Land in Alpena
    Prime Commercial Land in Alpena

    Alpena, MI 49707

    $329,500
    768 sqft

    Double lot near downtown Alpena, ready for development.

    View details

    Paradise, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Paradise, MI on our real estate platform. These investment opportunities span a total of 5,720 square feet of properties for sale, with an estimated market value of $449,900.

    Sale prices for supermarkets in Paradise, MI start at $449,900, averaging $449,900, and reaching up to $449,900 — 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 1

    Demographics Overview

    Population 359
    Population Growth (5Y) -26.3%
    Median Household Income $67,813
    College Educated 35.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49768 $449.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.37%
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chippewa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Chippewa County

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