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    14284 Lk N Grand Marais, MI 49839

    For Sale
    $1,250,000

    Commercial/Industrial - Grand Marais, MI

    Property size:
    3,088 SF
    Lot size:
    0.20 Acres
    Days on Market:
    100
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 14284 Lk N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    02-002-571-001-00
    Parking features
    Parking Lot
    Interior features
    110 Volt Power, 220 Volt Power, ADA Accessible, Above Ground Fuel Tank, Bath, Cable TV Available, Compressor, Concrete Floor, Internet Available, Delivery Area, Delivery Door, Display Window, Electric Available, Fixtures, Furniture, Gas Available, Occupied, Off Street Loading, Pole Sign, Private Restrooms, Public Restrooms, Telephone, Tile Floors, Trash Removal, Undrgrnd Storage Tank, Fiber Optic Internet
    Exterior features
    Ada Accessible, In Ground Tank
    Accessibility
    Accessible Approach with Ramp
    Size
    3,088 SF
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available, Electricity Available, Phone Available
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water front features
    Great Lake, Waterfront
    Water front
    1

    Building Details

    Year built
    1963
    Flooring type
    Concrete, Tile
    Roof type
    Metal
    Architectural style
    Other

    Real Estate Grand Marais (906) 202-0035 [email protected]

    Listing agent NICOLE DARROW (906) 494-2100

    Listing date Aug 28, 2025

    MLS# 50132523 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Marais Commercial Business Opportunity

    This commercial property in Grand Marais, Michigan, presents an exceptional business opportunity. The property, currently operating as Bayshore Market and Gas Station, is a crucial business providing essential services to year-round residents and a growing tourist population. The marketplace serves as a vital resource for gas, groceries, beer, wine, liquor, DNR licenses, and automotive needs, making it an anchor for the community. Its location in downtown Grand Marais allows for convenient access for local residents and campers staying at the nearby 168-site Woodland Park Campground. During the winter months, the property becomes a prime stop for snowmobilers exploring the Crazy 8's Trail System, and the increasing popularity of ATVs has further expanded the customer base. The property has undergone several building improvements and features upgraded operating equipment. The lot size is 0.2 acres and the property size is 3088 square feet.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Grand Marais
    County
    Alger
    State
    Michigan
    Longitude
    -85.984569
    Latitude
    46.672024

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    FAQs

    What type of property is this?
    Gas station - Market and gas station serving residents and tourists in Grand Marais.
    Where is this gas station located?
    The property is located at 14284 Lk N Grand Marais, MI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Crucial business providing essential services to year-round residents and tourists.; - Prime location on the Crazy 8's Trail System, attracting snowmobilers and ATV traffic.; - Downtown location provides easy access for residents and campers.
    (906) 494-2100
    Request Owner's contact information
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    Grand Marais, MI 49839
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14284 Lk N Grand Marais, MI 49839
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