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Mancelona, MI Hospitality Properties for Sale

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Bellaire, MI Kalkaska, MI Alden, MI

Thriving Business Opportunity in Mancelona

$328,500

1,380 SF

Thriving Business Opportunity in Mancelona

11380 NE Starvation Lake Road, Mancelona, MI 49659

Party store, gas station, and RV hookup site for sale.

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.

Updated: Sep 26, 2025

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$328,500

1,380 SF

Party Store, Gas Station, RV

Mancelona, MI 49659

Thriving business with gas, store, and RV hookups near lake.

Thriving party store and gas station business with diverse revenue streams.
Four RV full hookup sites providing additional income potential.
Recent upgrades including ATM, coolers/freezer, metal roof, electrical, well, septic system, POS and security system.
Upgraded gas pumps and newer tank system.
Full kitchen with prep area for pizzas and sandwiches.

Updated: Mar 12

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

$950,000

29,177 SF

Lewiston Motel with Prime Location

49-unit motel in Lewiston, MI, with pool and ample parking.

4909 Salling Avenue, Lewiston, MI 49756

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Turnkey Income Property with On-Site Living

$849,900

15,026 SF

Turnkey Income Property with On-Site Living

Diversified income property featuring apartments, motel, and commercial building.

615 S I 75 Business Loop, Grayling, MI 49738

View details

$950,000

29,177 SF

49-Unit Motel in Lewiston, MI

49-unit motel with pool, sauna, and snowmobile trail access.

4909 Salling Ave, Lewiston, MI 49756

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$694,900

10,261 SF

Well-Maintained Motel in Grayling, MI

22-unit motel on 4.86 acres near I-75.

1024 I-75 Business, Grayling, MI 49738

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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.

Contact for pricing

0.42 Acres

Land in Campers Village

Vacant land in a four-season recreational community.

Pineview Drive lot: 435 B0 1305 6273, Mancelona, MI 49659

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$75,000

80.00 Acres

80 Acres of Hunting Land

80-acre vacant land parcel perfect for hunting and recreation.

0 State Road, Kalkaska, MI 49646

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$999,000

Commercial Land in Gaylord, MI

Commercial-zoned property with endless potential for development.

1852 S Otsego Avenue, Gaylord, MI 49735

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$650,000

11.00 Acres

M-72 Commercial Land Available

11 acre commercial parcel on M-72 near Casino.

M-72, Williamsburg, MI 49690

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Mancelona, MI Hospitality Properties Investment Opportunities Market Analysis

Explore 2 hospitality properties for sale in Mancelona, MI on our real estate platform. These investment opportunities span a total of 2,760 square feet of properties for sale, with an estimated market value of $657,000.

Sale prices for hospitality properties in Mancelona, MI start at $328,500, averaging $328,500, and reaching up to $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.

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Top Commercial Asset Segments

Demographics Overview

Population 7,226

Population Growth (5Y) +8.3%

Median Household Income $59,092

College Educated 26.1%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
49659	$328.5K

Taxes & Financing

Tax Rate (average for all types) 3.30%

Property Tax per SF $48.26 per sq ft

Tax Rate vs County Average 0.98 pp above county avg

Average Loan-to-Value 65.0%

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Mancelona, MI Hospitality Properties for Sale