Convenience Store and Gas
3963 W Maple Ridge 37th Road Rock, MI 49880
3963 W Maple Ridge 37th Road, Rock, MI, 49880
$729,000
For Sale
$729,000
COMMERCIAL - Rock, MI
Property Size4,103 SF
Lot Size0.76 Acres
Price / SF$177.67
Days on Market110
Property Features for 3963 W Maple Ridge 37th Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- Size
- 4,103 SF
- Lot size
- 0.76 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3023
Utilities
- Heating system
- Oil
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Roof type
- Asphalt, Metal
Listing Agency
SELECT REALTY
(906) 228-2772
2363 US41 W, Marquette, MI
Listed by
SHERRY MCCARTHY · License #UPAR
(906) 235-9077
Added: Mar 31 Checked: Jul 18 at 3:06 am
MLS# 50203027
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This for-sale convenience store and gas station includes an updated interior with expanded shelving and an efficient layout, plus a full commercial kitchen featuring ample prep space, a propane gas range, freezers, and walk-in coolers. The building also has an office, utility room, restroom, and large storage areas with overhead access. Recent electrical upgrades and cooling system monitoring support day-to-day operations.
The property includes owned fuel and propane infrastructure, including dual gas pumps, an above-ground double-walled fuel tank, and a dedicated propane filling station with a storage shed. Additional amenities include side parking for approximately eight vehicles and an ATM that generates steady monthly income. The seller is willing to provide training to support a smooth transition.
Zoned Commercial, the site is listed at approximately 0.76 acres and 4,103 square feet.
The property includes owned fuel and propane infrastructure, including dual gas pumps, an above-ground double-walled fuel tank, and a dedicated propane filling station with a storage shed. Additional amenities include side parking for approximately eight vehicles and an ATM that generates steady monthly income. The seller is willing to provide training to support a smooth transition.
Zoned Commercial, the site is listed at approximately 0.76 acres and 4,103 square feet.
Key Highlights
- Year‑round Rock MI grocery and gas business with multiple income streams, including the only ATM in the area
- Full commercial kitchen with ample prep space, propane gas range, freezers, and walk‑in coolers for food service operations
- Owned fuel and propane setup with dual gas pumps, above‑ground double‑walled fuel tank, and dedicated propane filling station plus storage shed
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.9k | $18.00 |
| − Vacancy | −$1.9k | −$0.47 |
| EGI | $71.9k | $17.53 |
| − OpEx | −$18.0k | −$4.38 |
| NOI | $54.0k | $13.15 |
4,103 SF · lease $18.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$770.7K
$674.4K – $899.2K
NOI $53,950 @ 7.0% cap · market cap 7.40%
Second Best
Retail
$505.3K
$442.1K – $589.5K
NOI $35,370 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$803.2K
$702.8K – $937.1K
NOI $56,224 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Joes One Stop
Grocery & Convenience Store
FAQs
What type of property is this?
Grocery and convenience store - For-sale Rock, MI convenience store with a full kitchen, owned fuel and propane assets, and side parking for about eight vehicles.
Where is this grocery and convenience store located?
The property is located at 3963 W Maple Ridge 37th Road Rock, MI.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Year‑round Rock MI grocery and gas business with multiple income streams, including the only ATM in the area; Full commercial kitchen with ample prep space, propane gas range, freezers, and walk‑in coolers for food service operations; Owned fuel and propane setup with dual gas pumps, above‑ground double‑walled fuel tank, and dedicated propane filling station plus storage shed
