Grocery Store

Rapid City, MI Grocery And Convenience Stores for Sale

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Grocery and Convenience Store Near Torch Lake
Updated: Aug 17
Grocery and Convenience Store Near Torch Lake

12938 CHERRY AVE, Rapid City, MI 49676

$699,900
2,784 sqft
2,784‑square‑foot grocery and convenience store
Built in 1927 with central air
Metal exterior construction
Across from Torch Lake at the Torch River Bridge
Direct rear connection to Torch River Marine
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Restaurant Property With Liquor License
Restaurant Property With Liquor License

325 W 2nd Street, Gaylord, MI 49735

$675,000
10,200 sqft

Restaurant and convenience-store components offer a mixed commercial configuration with on-site parking and public sewer.

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Freestanding Convenience Store
Freestanding Convenience Store

1375 W Bay Shore Drive, Suttons Bay, MI 49682

$799,000
3,187 sqft 1.65 AC lot

Includes liquor and lottery licenses with existing retail fixtures and equipment.

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Freestanding Liquor and Convenience Store
Freestanding Liquor and Convenience Store

1375 S W Bay Shore Dr, Suttons Bay, MI 49682

$799,000
3,187 sqft

Operating liquor and convenience store with private parking lot and included liquor and lottery licenses.

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New Dollar General Plus Store
New Dollar General Plus Store

10464 Old US Hwy 27 S, Gaylord, MI 49735

Contact for pricing
10,640 sqft

New Dollar General Plus store in Gaylord, Michigan.

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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 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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Rapid City, MI Grocery And Convenience Stores Market Trends and Statistics

Explore 1 grocery and convenience stores for sale in Rapid City, MI on our real estate platform. These investment opportunities span a total of 2,784 square feet of properties for sale, with an estimated market value of $699,900.

Sale prices for supermarkets in Rapid City, MI average $699,900 — 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
Storefront properties 1

Demographics Overview

Population 3,689
Population Growth (5Y) +4.1%
Median Household Income $67,479
College Educated 43.1%

Taxes & Financing

Tax Rate (average for all types) 2.96%
Property Tax per SF $16.63 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kalkaska County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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